Sole Proprietorship (Individual)
Many business owners, who have sole proprietorships, are under the false pretense that once you are out of business, there is no formal paperwork that needs to be filed; this is not so.
If you are a sole proprietor and are discontinuing your business, you must file a Certificate of Discontinuance of Business Conducted Under Assumed Name for an Individual form.
As some businesses grow, and small partnerships end, many business owners are unaware that if the business partnership they formed is discontinued, they have to file a Certificate of Discontinuance of Business Conducted Under Assumed Name for Partners form.
If a partnership is being discontinued, it must be executed by a majority of the persons named in the original certificate or the last previously filed amended certificate.
If any partner is deceased, the discontinuance certificate shall so state and may be executed by a majority of the survivors, or by the executor or administrator (who has obtained letters testamentary or letters of administration) of a deceased person named in the original certificate or last previously filed amended certificate(s) as the only person conducting or transacting business. If such signatures cannot be obtained, any such signatures may be dispensed with by order of the Supreme Court, Suffolk County.
Only the original discontinuance certificate must be submitted for filing. In the case of a corporation, by an officer of the corporation.
Please note: Prior to the year 2000 Dissolutions of Corporations by proclamation must be obtained thru New York State. You can call at (518) 473-2492 or visit their website at http://www.dos.ny.gov/corps/bus_entity_search.html for additional information.