office workers packing up boxes

Legally close your corporation and end your government filing obligations in one step.

Consent Letter Not Needed

Consent Letter
Not Needed

Standard 3-7 Day Filing

Standard 3-7
Day Filing

Tradenames Cancelled Automatically

Trade Names
Cancelled Automatically

Registry Consultant

Google Facebook
woman closing business

How Do I Dissolve My Ontario Corporation?

Step 1

Confirm Your Information

Confirm whether your corporation has commenced business, and provide your Ontario Corporation Number and Company Key.

Step 2

Complete Order & Pay

From $293.76.
Pay by credit card.

Step 3

Receive Your Cancellation Documentation

Once filed and accepted, we email you documentation confirming your dissolution.

We send you a draft of the dissolution for your approval before filing with the government. Most Ontario dissolutions are approved within 3-7 business days

Ontario Articles of Dissolution

Same Day Processing if Ordered Before 3pm EST, Mon - Fri (excluding holidays). Dissolution Completed in 3- 7 business days

Select the status that applies to your corporation to load the correct filing requirements

How to know if the corporation has commenced business?
If the corporation has shareholders listed and has/had activity, the corporation has commenced.
If the corporation has not listed shareholders and hasn't had any activity then the corporation has not commenced.

The company key came into effect after October 19th, 2021. The company key is mandatory. To make business changes this number is now required.

You may proceed to place your order without the company key but it cannot be processed without it.


Filing of Original Documents with Province of Ontario

How To Dissolve An Ontario Corporation

Are you closing down your business in Ontario? We know it's a difficult decision, one that can turn into a long and stressful situation. At Ontario Business Central, we offer the services you need to legally dissolve your business, so you can focus on the other aspects of closing up shop and figuring out your next move.

How to Dissolve an Ontario Corporation >>>

What is an Ontario Dissolution?

Formally Close Your Ontario Corporation Under the OBCA

An Ontario Dissolution legally ends your corporation under the Ontario Business Corporations Act (OBCA). Filing Articles of Dissolution stops future filing and tax obligations and allows you to notify the CRA, banks, and stakeholders that the corporation has ceased to exist. Without dissolution, your corporation remains active and may continue to incur filing requirements and penalties.

Ends Corporate Obligations

Ends Corporate Obligations

Corporation is formally closed and no longer subject to ongoing corporate filing requirements.

Avoid Future Filings & Penalties

Avoid Future Filings & Penalties

Inactive corporations remain legally active until dissolved and may accumulate filing obligations.

Updated Filing Requirements

Updated Filing Requirements

No Ministry of Finance Consent Letter is required (since 2021). A Company Key is now mandatory for dissolution filings (since Feb. 1, 2025).

Ontario Business Central files your dissolution with the Ministry electronically. Confirmation is emailed once processing is completed.

What Happens After I Submit?

Three Things Happen Automatically

What happens?
Order Confirmation

After Submission of Your Order

Within Hours

Our team reviews your submission for accuracy. We verify your corporation and email you about any potential missing items. We then prepare and send dissolution documents for your review and approval.

Drafted, Approved, Filed

3-7 Business Days

Same Business Day

We file the Articles of Dissolution with the government. Once accepted, we email all completed documents directly to you.

Certificate of Amendment

After Your Dissolution is Complete

After Dissolution

You receive your documentation by email. We include a list of items you may follow to close out any auxiliary accounts.

Voluntary vs. Involuntary Dissolution

Dissolution can happen in two ways. This filing handles the voluntary route

Voluntary Dissolution

You choose to dissolve the corporation yourself. The directors and shareholders authorize the dissolution, and the corporation files Articles of Dissolution to set a legal end date. This is the route for owners who are intentionally closing a business that has settled its debts and distributed its property.

Involuntary Dissolution

The Government cancels the corporation — usually for failing to file annual returns or meet legal requirements — or a court orders it wound up. An involuntarily dissolved corporation can sometimes be revived, but it's far cleaner to dissolve voluntarily and on your own terms.

Filing Requirements Checklist

Have the following ready before you start the filing process

What You Need Before Filing

Ontario Corporation Number (Lookup available if unknown)

Company Key 9-digit security code, now mandatory (Lookup available)

Business Status (Whether the corporation has or has not commenced business)

Director Information (Name and address of the authorizing director)

No Remaining Debts (Liabilities set before filing)

No Undistributed Property (Assets distributed to shareholders)

Frequently Asked Questions About Dissolving an Ontario Corporation

Quick answers to the most common questions about Ontario dissolutions.

Is a company key required to dissolve an Ontario corporation?

Yes. As of February 1, 2025, a company key is required to file Articles of Dissolution in Ontario. Corporations incorporated after October 19, 2021 were issued a company key automatically (sent to the corporation's official email). Corporations registered before that date must request one before they can dissolve. We can look yours up or request it for you as part of your order.

Do I need to file my taxes first?

No. You can file your Articles of Dissolution to set a legal end date for the business first, then complete your final tax returns and CRA filings afterward. Many corporations dissolve first to stop future filing obligations, then close out their CRA accounts.

Is Ministry of Finance consent required?

No. As of October 2021, the separate "Consent to Dissolve" application from the Ministry of Finance is no longer required. The Province handles this verification internally during your dissolution filing. (Note: this is a separate matter from the company key, which is now required.)

What is the difference between voluntary and involuntary dissolution?

Voluntary dissolution is when the corporation chooses to dissolve itself, authorized by its directors and shareholders. Involuntary dissolution is when the government cancels the corporation — usually for failing to file annual returns or meet legal requirements — or when a court orders it. This filing is for voluntary dissolution.

What happens to my business names (trade names)?

If your corporation has registered trade names (DBAs / Master Business Licences), they are automatically cancelled when the corporation is dissolved. No separate filing is required to cancel them.

Does my corporation need to have no debts or assets before dissolving?

Yes. To dissolve voluntarily, your corporation should have no remaining debts and no undistributed property. You'll certify this when you file. Conclude outstanding business, settle all liabilities, and distribute any remaining assets to shareholders first. If debts or assets remain, speak with an accountant or lawyer before dissolving.

How long does an Ontario dissolution take?

Dissolutions are completed in 3–7 business days, with same-day processing if your order is placed before 3 PM EST, Monday to Friday (excluding holidays). Requesting a company key through us, if you don't already have one, may add some processing time.

What does it mean if my corporation "has not commenced business"?

A corporation that has no shareholders listed and has had no activity has not commenced business. One that has shareholders and has had activity has commenced. The distinction affects which dissolution requirements apply — selecting your status at the start of the filing loads the correct path for your corporation.

Have a different question? Speak with an agent or call 1-800-280-1913

Not What You Are Looking For?

Other options you may be looking for

Company Key

Required For Ontario Online Ministry Filings

  • Used for renewals and amendments
  • Issued by the Province of Ontario
  • Retrieve a lost or forgotten key
  • Same-day request processing

Federal Dissolution

File Articles of Dissolution
Corporations Registered Federally

  • Dissolve the corporation in 24 hours
  • Draft approval included
  • Also cease operation in province of Ontario

What Our Clients
Say About Us

Google Facebook

With over 30 years of experience and 350,000+ businesses helped, trust OBC to do it right!

K

Kelly-Anne Djuricek

stars

They were very helpful when it came it closing our corporation. They explained what needed to be done and all costs related to the closure. Friendly and helpful service that I would highly recommend.

C

Colleen Kinden

stars

Using Ontario Business Central was an extremely smooth process! Alyssa was specifically assigned to my case and she was pleasant and helpful. Total turn around time from assignment to dissolution of my incorporation was 3 days. I am very pleased with the service I received and would highly recommend their services!

D

Dave Banks

stars

We have been dealing with Ontario Business Central Inc. for years and have always been very pleased with how quickly and accurately our requests have always been executed! Thank you!

Why Use Ontario Business Central?

30 years
We have been in the business of helping others start their businesses since 1992
350,000+ startups 350,000+
Startups have been helped by OBC


A+ BBB rating
An A+ rating year after year with the Better Business Bureau

Back to top