Can I abandon a Delaware LLC?
In August 2014 I set up an LLC in Delaware. Since then, I have realised that I no longer need the LLC. I have been advised that it will cost $800 in franchise taxes, etc to formally dissolve the company. I am in the United Kingdom and have not used the LLC at all. Can I just walk away without consequence? or will I be arrested at the airport for non-payment of taxes? Thanks.
Nathan’s Answer
It would be wise to dissolve the LLC since if it is ever sued, because it is suspended, it won't be allowed to have an attorney represent it, likely causing default. (which may be piggybacked on to you)
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