Requirements For Dissolution Of A Profit Corporation By Incorporators, Application For Tax Clearance For Dissolution/withdrawal - New Mexico Public Regulation Commission Etc.

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DOMESTIC PROFIT DISSOLUTION
DOMESTIC PROFIT DISSOLUTION
BY INCORPORATORS
BY INCORPORATORS____
PUBLIC REGULATION COMMISSION
CORPORATIONS BUREAU
CHARTERED DOCUMENTS DIVISION
P.O. BOX 1269
SANTA FE, NEW MEXICO 87504-1269
(505) 827-4511
REQUIREMENTS FOR DISSOLUTION OF A PROFIT CORPORATION
BY INCORPORATORS
(IF BUSINESS HAS NOT COMMENCED AND NO SHARES HAVE BEEN ISSUED)
(53-16-1 NMSA 1978)
FILING FEES: Articles of Dissolution By Incorporator(s), $50 (submit a signed original of the articles,
together with a duplicate copy which may be either signed or photocopied; the duplicate copy and a
Certificate of Dissolution will be returned for the corporation’s records). The following fees apply only if
you want an additional copy or copies to be certified: $25 per certified copy; if you do not provide the
extra copy, a reproduction fee of $1 per page, minimum $10 is charged in addition to the $25 certification
fee. Payment of fees must be made by check or money order, made payable to the New Mexico Public
Regulation Commission or NMPRC. The PRC does not accept cash payment for any fees.
FILING PROCEDURE: A corporation that has not commenced business and has not issued any shares
may be voluntarily dissolved by its incorporators.
Step 1: Contact the following state agencies to request clearance for dissolution (these clearances must
be submitted together with the Articles of Dissolution):
Taxation and Revenue Dept.
Dept. of Labor
(“Certificate of No Tax Due”)
(“Certificate of Compliance”)
Audit and Compliance
Employment Security Div./Tax Section
P.O. Box 5557
P.O. Box 2281
Santa Fe, NM 87503-5557
Albuquerque, NM 87103-2281
Tel: 827-0951
Tel: (505) 841-8563
Public Regulation Commission
(“Letter of Clearance”)
Corporations Bureau/Corporate Report Compliance Div.
P.O. Box 1269
Santa Fe, NM 87504-1269
Tel: (505) 827-4510
(Request form for this clearance is enclosed)
Step 2: Upon receipt of the clearances from each agency, the corporation shall file with the commission:
(1) the signed original of the Articles of Dissolution By Incorporator(s), together with a duplicate
copy which may be either signed or photocopied; (2) all three clearances; and
(3) $50 filing fee. If the commission determines that the documents delivered for filing conform with the
provisions of the Business Corporation Act, it shall, when all required filing fees have been paid, retain
the signed original in the files of the commission and return the duplicate together with a Certificate of
Dissolution.
(continued on following page)

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