What steps should I take to properly dissolve my LLC in Pennsylvania?

To properly dissolve an LLC in Pennsylvania, there are several steps that need to be taken.

1. Review the company's operating agreement: First, review the company's operating agreement to see if there are any provisions for dissolving the LLC. Make sure that any formalities required under the operating agreement are followed.
2. Wind up the business activities: The LLC needs to wind up its business activities before it can be dissolved. This means that the LLC must settle any outstanding debts, pay creditors, and distribute any remaining assets to members.
3. File Articles of Dissolution: The LLC should file Articles of Dissolution with the Pennsylvania Department of State. The form should include the name of the LLC, the date of dissolution, and the signature of an authorized member.
4. Notify creditors and other interested parties: The LLC should notify its creditors and any other interested parties, such as vendors and customers, that the business is being dissolved.
5. Cancel any business licenses or permits: The LLC should cancel any business licenses or permits that it holds with the state or local government.
6. File final tax returns: The LLC should file its final tax returns and pay any outstanding taxes owed.

It is important to note that there may be additional steps required depending on the specific circumstances of the LLC. If the company has significant liabilities or assets, or if there are legal disputes involving the LLC, it may be necessary to consult with a licensed attorney to ensure that the dissolution process is handled properly.