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Dissolution of Business vs Withdrawal

Read time: 6 minutes

What's the Difference Between a Business Dissolution and a Withdrawal?

Dissolution is what happens when you close a domestic business entity formed in the state of Connecticut. The business ceases to exist when you file a Certificate of Dissolution.

Withdrawal means withdrawing the registration of a foreign business that no longer wishes to conduct business in Connecticut but will still exist in its state of formation.

Closing Your Business Forms and Fees