Used this service to help dissolve my corporation because the government websites were so confusing and I was unclear on the process. This company was so helpful answering my questions when I called and processing evedrything in perfect timing.
Dissolve a Federal Corporation in Minutes
Terminating a corporation's existence is sometimes a necessary evil of doing business. In order to legally dissolve a Federal corporation and receive a Certificate of Dissolution, you will need to file Articles of Dissolution. Ontario Business Central is able to file Articles of Dissolution quickly and easily on your behalf. Once completed, you can notify the Canada Revenue Agency, Financial Institutions, suppliers and clients that the corporation has terminated its existence.
What is Required to Dissolve a Federal Corporation?
- Corporation Name
- Corporate Number
- Corporation Key
- Date of Dissolution (Can be same day or future dated)
- Name of Individual or Agent Authorizing the Dissolution
- Confirmation That The Company Is Not Insolvent/Bankrupt
- Confirmation That Corporation Has No Property or Liabilities
- Confirmation That Shareholders Have Approved Dissolution
- Ceasing Ontario Operations (Optional)
Do My Corporate Taxes Need to Be Filed Before Dissolving?
No, if you haven’t filed or paid the corporate tax for the most recent year, you can complete the articles of dissolution and file the tax return subsequently.
If you have historic years that you haven’t filed the corporate tax return for or you have remaining money owing , it is best to reach out to CRA before filing.
Do I Need Shareholder Approval Before Filing Articles of Dissolution?
The corporation’s shareholders will need to approve the dissolution. This is done by special resolution. If there is more than one class/group of shareholders each must provide their own authorization to allow for the dissolution. If the corporation has no shareholders, the director(s) are able to pass the resolution to dissolve on their own. You do not need to submit copies of the special resolutions when you file to dissolve your federal corporation but you must keep the records just in case.
Steps of the Dissolution Process
Ordering Page
- Choose if you will also be ceasing Ontario operations
- Our admin fee is included in the cost
- Proceed to the next step
Provide Dissolution Details
- Provide the name, corporation number and date of incorporation along with your corporate key
- Agree to the certifying statements
- Enter the name and address of the director authorizing the dissolution
- Choose a date for the dissolution to take place
- Enter the authorizer name and details
- If ceasing Ontario operations, provide the details
Payment Information
- Provide the credit card holders details. The credit card is not required to be from the same individual filling out the form
- Enter Billing & Contact Information
- Enter the credit card details
- Click that you are not a robot and press to complete order
That's It! We Make Dissolutions as Easy as 1 2 3!
What our clients say about us
Jessica Lim
1 year ago
Stephan Straw
1 year ago
My organization was faced dissolving our corporation and OBC made the whole process simpler and easier! They have a terrific website, easy to complete forms and loads of helpful content.
Gazelle Ghajar
6 months ago
Awesome company to work with. Website is easy to navigate into finding what you need, online forms are simple to fill in, and the request was processed and confirmed within the afternoon! Very impressed with their service and will be using again for my husband's business come January.
Federal Dissolution Learning Centre
How Much Does it Cost to File Articles of Dissolution? +
Federal Articles of Dissolution cost $202.15 in total. The fee is made up of our fee of $163.90 + HST and $15.00 + HST handling. These fees include Ontario Business Central preparing the necessary forms and gaining approval from you to proceed. If you are also ceasing Ontario operations, an additional fee of $87.99 + HST applies.
What is the Processing Time? +
Our team ensures that your Articles of Dissolution are prepared and submitted quickly. With Ontario Business Central, Federal Articles of Dissolution are typically completed within 24 hours.
Is a Corporate Key or Company Key Required? +
Yes, a Corporate Key is required to dissolve a Federal corporation. The Corporate Key is an 8-digit number found on the information sheet provided with your original Articles of Incorporation from the federal government. If a Corporate Key is not available, you can contact Corporations Canada to request a new one.
You can submit your dissolution request without the Corporate Key, but we cannot process it until you provide one.
If you are ceasing Ontario operations as part of your dissolution, you will also need a Company Key for Ontario. If you incorporated after October 19, 2021, this key was automatically issued and sent to your corporation’s official email. If you registered before this date, you must request one. Ontario Business Central offers a Company Key lookup on the dissolution form to help streamline the process.
What Do I Do After Dissolving? +
When you have ceased operations and filed for Articles of Dissolution you can notify Revenue Canada, the institutions you bank with, tax accounts, clients and anyone else associated with your corporation to let them know that you are no longer in business. Should you reverse your decision and decide that you do not want to dissolve the corporation even after Articles of Dissolution have been filed, you can revive it.
Why Use Ontario Business Central?
We have been in the business of helping others start their businesses since 1992
350,000+Startups have been helped by OBC
An A+ rating year after year with the Better Business Bureau