Corporate Dissolution and Exit Strategies: Wrapping Up or Moving On with Confidence

Congruence Law, P.C. Helps Business Owners Navigate the End of the Road — Strategically and Legally

Whether you’re winding down a company, selling your shares, or walking away from a venture that’s run its course, how you exit matters. Proper dissolution protects you from future liability, ensures compliance with the law, and preserves relationships — and your reputation.

At Congruence Law, P.C., we help business owners and partners plan and execute exit strategies, ensuring that no loose ends come back to haunt you.

When Is Dissolution the Right Move?

Closing or restructuring a business may make sense when:

• The company has fulfilled its purpose or reached a natural endpoint

• Ownership disputes or deadlock prevent continued operation

• The business is no longer profitable or sustainable

• A merger, acquisition, or asset sale changes the company’s form or control

• A partner or shareholder wants to exit or retire

• You’re pivoting into a new venture and want a clean legal break

Whether voluntary or involuntary, the process requires legal and financial planning.

What We Do at Congruence Law, P.C.

We guide companies and owners through formal exit and dissolution procedures:

• Planning voluntary dissolutions under LLC operating agreements or corporate bylaws

• Filing Articles of Dissolution with the Secretary of State

• Winding up corporate affairs, including asset sales and debt settlement

• Handling creditor and vendor notifications under applicable state law

• Advising on tax clearance and final returns (state and IRS)

• Drafting buyout agreements and withdrawal notices

• Resolving shareholder disputes in closely held companies

• Protecting clients from personal liability for post-dissolution claims

We also assist clients with mergers, conversions, or spin-offs as alternative exit strategies.

Common Pitfalls to Avoid

• Walking away without formally dissolving the entity

• Failing to notify creditors, leaving open liability

• Not addressing co-owner disputes in writing

• Forgetting to cancel licenses or close tax accounts

• Disbursing assets before resolving debts

• Overlooking continuing obligations in leases, guarantees, or employment agreements

Improper dissolution can result in surprise lawsuits, tax notices, or credit damage — even years later.

Why Choose Congruence Law, P.C.

We help business owners close the chapter carefully — and cleanly. Whether you’re sunsetting a business or negotiating a departure, we bring clarity, strategy, and protection to the process. Because how you exit matters just as much as how you started. Contact us:

business@congruencelaw.com or at 202-630-8141

Let us help you wrap things up the right way — with confidence, compliance, and peace of mind.