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This document serves to formally cancel the registration of a Virginia registered limited liability partnership as per the Code of Virginia. It requires the consent of all partners for the cancellation
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How to fill out Statement of Cancellation of a Statement of Registration of a Virginia Registered Limited Liability Partnership

01
Obtain the 'Statement of Cancellation of a Statement of Registration' form from the Virginia Secretary of State's website or office.
02
Fill in the name of the Virginia Registered Limited Liability Partnership as it appears on the original registration.
03
Provide the date of the original Statement of Registration.
04
Include the reason for cancellation in the designated section of the form.
05
Ensure that all members of the partnership or their authorized representatives have signed the form.
06
Submit the completed form along with any required fees to the Virginia Secretary of State's office.
07
Keep a copy of the submitted form for your records.

Who needs Statement of Cancellation of a Statement of Registration of a Virginia Registered Limited Liability Partnership?

01
Any registered limited liability partnership in Virginia that has decided to cease its business operations and formally cancel its registration.
02
Members of the partnership who are responsible for ensuring that the legal status of the partnership is properly maintained or terminated.
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What typically has to be done. Notifying creditors that the LLC is dissolved. Closing out bank accounts. Canceling business licenses, permits, and assumed names. Paying creditors or establishing reserves to pay them. Paying taxes. Filing final tax returns and reports.
All Virginia LLCs need to pay $50 per year for the Annual Report. These state fees are paid to the State Corporation Commission. And this is the only state-required Annual Fee. You have to pay this to keep your LLC in good standing.
To dissolve your Virginia LLC, you must file form LLC-1050, Articles of Cancellation, and confirm you have completed the winding-up process. A Virginia LLC manager or member must sign the articles of cancellation.
To dissolve your LLC in Virginia costs $25. Can you dissolve your Virginia LLC online? You can submit your Articles of Cancellation online using the SCC Clerk's Information System.
Consequences of Non-Renewal: Missing renewal can lead to fines, dissolution of the LLC, and loss of liability protection.
Virginia Limited Liability Companies I want toFee Close Your Business Cancel your LLC (LLC1050) $25 For Protected Series LLCs Designate a Protected Series LLC under a Virginia LLC (LLC1095A) $100 Update your Principal Office Address (LLC1018.1PS) No Fee Amend the designation of a Protected Series LLC (LLC1095E) $2516 more rows

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The Statement of Cancellation of a Statement of Registration of a Virginia Registered Limited Liability Partnership is a formal document filed to discontinue the registration of a partnership with the state of Virginia, effectively terminating its legal status.
The partners or designated representatives of the Virginia Registered Limited Liability Partnership are required to file the Statement of Cancellation when they decide to terminate the partnership.
To fill out the Statement of Cancellation, the filer must provide details such as the name of the partnership, the date of registration, and a statement confirming the decision to cancel the registration. Signatures of the partners or authorized representatives may also be required.
The purpose of the Statement of Cancellation is to officially notify the state that the limited liability partnership is no longer conducting business and to formally dissolve its legal existence.
The information that must be reported includes the partnership's name, the date of registration, confirmation of the decision to cancel, and any other required details as specified by the state authorities.
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