How to Shut Down a Business in Wisconsin
Complete guide to dissolving your business entity with the Wisconsin Department of Financial Institutions.
Quick Answer
To dissolve a business in Wisconsin, file Articles of Dissolution — Limited Liability Company with the Wisconsin Department of Financial Institutions. The LLC filing fee is $20 and corporation fee is $20. Wisconsin does not require tax clearance before filing. Standard processing takes 5-10 business days.
Quick Facts
| Filing Agency | Wisconsin Department of Financial Institutions |
| Website | https://dfi.wi.gov/Pages/BusinessServices/BusinessEntities/ |
| LLC Dissolution Fee | $20 |
| Corporation Dissolution Fee | $20 |
| Tax Clearance Required | No |
| Processing Time | 5-10 business days |
| Online Filing | Yes |
| Phone | (608) 261-7577 |
LLC Dissolution in Wisconsin
Steps to Dissolve an LLC
- 1 Vote to dissolve the LLC according to the operating agreement or by member consent
- 2 Wind up business affairs, settle debts, and distribute remaining assets
- 3 File final state tax returns with the Wisconsin Department of Revenue
- 4 File Articles of Dissolution (Form 510) online through the DFI portal — $20 fee online
- 5 Pay any delinquent annual report fees owed to the DFI at time of dissolution
- 6 Cancel any licenses, permits, and registrations
- 7 Close business bank accounts and cancel your EIN with the IRS
Corporation Dissolution in Wisconsin
Steps to Dissolve a Corporation
- 1 Hold a board of directors meeting to recommend dissolution
- 2 Obtain shareholder approval for the dissolution
- 3 Wind up business affairs, settle debts, and distribute remaining assets
- 4 File final state tax returns with the Wisconsin Department of Revenue
- 5 File Articles of Dissolution (Form 10) online through the DFI portal — $20 fee online
- 6 Pay any delinquent annual report fees owed to the DFI at time of dissolution
- 7 Cancel any licenses, permits, and registrations
- 8 Close business bank accounts and cancel your EIN with the IRS
Tax Requirements
Tax Agency: Wisconsin Department of Revenue
Phone: (608) 266-2776
Wisconsin does not require a formal tax clearance certificate for dissolution. However, you must file final income and franchise tax returns and settle all outstanding tax obligations with the Wisconsin Department of Revenue.
Additional Requirements
Contact Information
Agency: Wisconsin Department of Financial Institutions
Address: 4822 Madison Yards Way, North Tower, 4th Floor, Madison, WI 53705
Phone: (608) 261-7577
Email: DFICorporations@dfi.wisconsin.gov
Website: https://dfi.wi.gov/Pages/BusinessServices/BusinessEntities/
Online Portal: https://www.wdfi.org/apps/CorpSearch/Search.aspx
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This guide is for informational purposes only and does not constitute legal advice. Information is sourced from official state websites and was last verified in 2026. Always confirm current requirements directly with the Wisconsin Department of Financial Institutions. Consult an attorney for advice specific to your situation.