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.
Confirm whether your corporation has commenced business, and provide your Ontario Corporation Number and Company Key.
From $293.76.
Pay by credit card.
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
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.
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.
Corporation is formally closed and no longer subject to ongoing corporate filing requirements.
Inactive corporations remain legally active until dissolved and may accumulate filing obligations.
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.
Three Things Happen Automatically
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.
We file the Articles of Dissolution with the government. Once accepted, we email all completed documents directly to you.
You receive your documentation by email. We include a list of items you may follow to close out any auxiliary accounts.
Dissolution can happen in two ways. This filing handles the voluntary route
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.
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.
Have the following ready before you start the filing process
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)
Quick answers to the most common questions about Ontario dissolutions.
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.
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.
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.)
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.
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.
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.
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.
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
Other options you may be looking for