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        Can I reinstate a company after several years of dissolution?

        I dissolved my New York LLC five years ago but want to revive it now. Is it possible?

        user-
        Answer by: Abdullah Al Naim
        7 months ago

        Yes, but the eligibility for reinstatement depends on the state. Some states, like New York, allow reinstatement within a specific timeframe (e.g., 5 years). However, if too much time has passed, you may need to re-register as a new entity.

        How to Determine If Your Company Can Be Reinstated

        1. Check the State’s Reinstatement Rules
        • Each state has different reinstatement deadlines. Some allow unlimited time for reinstatement, while others impose strict limits.
        • If your company has been dissolved for an extended period, you must verify the state-specific timeframe.
        2. Submit Reinstatement Documents
        • If your business is still eligible, file the reinstatement application with the Secretary of State.
        • You may also need to pay penalties and overdue fees.
        3. Re-register If Reinstatement Is No Longer Allowed
        • If the reinstatement period has expired, you may need to form a new business entity with a different registration date.
        • In some cases, you may be able to reclaim your old business name if it is still available.

        Need Assistance with Reinstatement or Re-Registration?

        At Business Globalizer, we help nonresidents and business owners navigate reinstatement eligibility or re-register a company if needed.

        Get started here:

        With Business Globalizer, you can determine your eligibility for reinstatement and complete the process efficiently and hassle-free.

         

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