DoMyLLC.com DoMyLLC.com
  • Start Your Business
    • LLC
    • S Corp
    • C Corp
    • DBA
    • Form a Professional Corporation
    • Apply for an EIN
    • Nonprofit
  • Compliance Solutions
    • Business Filing Services
    • Amendments
    • File a DBA Online
    • Foreign Qualifications
    • Dissolution
    • Reinstatement
    • Withdrawal
    • Certificate of Good Standing
    • Conversions
    • Certified Copies
    • Corporate Entity Management Services
    • Corporate Bylaws & Minutes
    • LLC Operating Agreement Filing
    • Annual Report Filing Services
    • Create & File Timely Initial Reports
    • Corporate Seals & Embossers
    • Registered Agent Services
    • Appoint a Registered Agent
    • What is a Registered Agent?
    • Find a New Registered Agent
    • Registered Agent Faqs
  • Learning Center
  • About Us
  • My Account
info@domyllc.comBlog
888.366.9552
DoMyLLC.com DoMyLLC.com
  • Start Your Business
    LLC
    S Corp
    C Corp
    DBA
    Form a Professional Corporation
    Apply for an EIN
    Nonprofit
  • Compliance Solutions
    Business Filing Services
    Amendments
    File a DBA Online
    Foreign Qualifications
    Dissolution
    Reinstatement
    Withdrawal
    Certificate of Good Standing
    Conversions
    Certified Copies
    Corporate Entity Management Services
    Business Filing Services
    Corporate Bylaws & Minutes
    LLC Operating Agreement Filing
    Annual Report Filing Services
    Create & File Timely Initial Reports
    Corporate Seals & Embossers
    Registered Agent Services
    Appoint a Registered Agent
    What is a Registered Agent?
    Find a New Registered Agent
    Registered Agent Faqs
  • Learning Center
  • About Us
  • DoMyLLC.com
  • DoMyLLC Blog
  • 4 Tips For Reinstating A Small Business
4 Tips For Reinstating A Small Business

4 Tips For Reinstating A Small Business

on March 7, 2023by Steven Pickettin DoMyLLC Blog

Whether your small business has become inactive or is in bad standing with the state, you can usually have it reinstated. Reinstatement is the process where you resolve any outstanding business compliance issues with your state. Once the reinstatement process is completed, your business will be active and in good standing. The reinstatement process varies from state to state. However, there are four general steps you will need to take. 

1. Investigate The Reasons Your Business Is Not In Compliance 

If you’re not sure why your business is no longer in good standing, you will have to investigate why. Some of the common reasons businesses fall out of compliance include:

● Not filing your annual reports correctly or on time

● An inadequate payroll system 

● Not paying franchise taxes on time

● Failing to have an active registered agent

● Unpaid fees to the state

● Your business permits or licenses are expired

2. File Reinstatement Documents With The State

Business reinstatement will require different actions and documents depending on the reason for the dissolution. So, for example, getting a business reinstated after a failure to submit an accurate annual report will not have the same solution as reinstating a company after a license or permitting expiration. 

To find out what actions and documents you need, contact the office of your secretary of state to find out which forms, fees, and other actions are needed to reinstate.

3. Pay Any Fees

There will be fees required to reinstate your business. The first are the administrative fees required for processing, reviewing, and approving your business reinstatement. You may also owe fees based on past operations. Finally, there could be additional fees for things like inspections or permit reinstatements. 

4. Speak To The Experts

Business reinstatement can be a complicated process depending on the circumstance and the state. Asking the experts is always recommended for those looking to have a smooth reinstatement. They already know the local, state, and federal requirements for specific industries.

If you want to keep your research and errors minimal, rather than trying to do all this yourself, talk to an expert service. They’ll be able to provide a complete checklist of everything you need to know and address for your specific business reinstatement.

  • like
  • tweet
  • +1
  • share
  • pin it
  • mail
  • Previous

    Corporate Compliance Explained

  • Next

    LLC Formation In 7 Easy Steps

Search

Categories

  • 101
  • DoMyLLC Blog
  • Finance
  • Human Resources
  • Infographics
  • Law
  • Marketing
  • Home
  • My Account
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Sitemap
DoMyLLC.com BBB Business Review
Copyright 2023 DoMyLLC.com