C1 Business Logistics· Ontario Division of ComplianceOne Canada
(416) 723-9808|Advisor CRM
C1 Business Logistics/Maintain Your Business/Corporate Dissolution
Orderly Legal Closure · $249 + HST

Ontario Corporate Dissolution & Formal Closure

Formally dissolve your inactive Ontario corporation to eliminate ongoing filing mandates and annual legal liabilities.

$249 + HST(Clean dissolution · Registry fees separate)
Completed within 3 to 5 business days
Ontario (OBCA) & Federal (CBCA)
C1 Business Logistics • Ontario Intake & Gate

Request Help with Ontario Corporate Dissolution & Formal Closure

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Service Overview

Detailed Scope & Legal Framework

Allowing an inactive corporation to sit unmonitored does not make it disappear. Ongoing filing mandates, potential penalties, and registry compliance notices continue to accumulate until the corporation is formally dissolved. C1 Business Logistics manages the legal closure process: drafting shareholder and director dissolution resolutions, confirming asset distribution status, and submitting the official Articles of Dissolution through the Ontario Business Registry for an approved fee of $249 + HST (registry disbursements separate).
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Ontario Articles of Dissolution

Fixed Price
$249 + HST
+ HST (13%)

Formal dissolution filing for solvent, debt-free corporations.

What's Included:
  • Shareholder and director consent resolutions authorizing dissolution
  • Preparation and filing of Ontario Articles of Dissolution
  • Certificate of Dissolution issued by the Ontario Ministry
  • CRA program account closure guidance checklist
  • Final legal closure documentation for commercial banks
Applies to solvent corporations with zero remaining debts, assets, or pending litigation. CRA corporate tax clearance and T2 filings handled separately by C1 Tax.

Official Deliverables You Receive

Preparation of Articles of Dissolution under the Ontario Business Corporations Act
Special shareholder resolution approving the dissolution of the corporation
Director resolution authorizing the distribution of remaining property (if any)
Official Certificate of Dissolution from ServiceOntario
Checklist for closing CRA program accounts (RT, RP, RC)
Canadian Statutory Requirement

Under the OBCA, a corporation may be voluntarily dissolved by special resolution of shareholders provided it has no debts, liabilities, or ongoing legal proceedings.

Frequently Asked Questions

Can I dissolve a corporation that still owes money or taxes?

No. Under Ontario corporate law, a corporation must satisfy all liabilities and tax obligations before filing Articles of Dissolution. Dissolving with unpaid debts can create personal director liability.

Does dissolving the corporation automatically close my CRA accounts?

No. You must separately file final T2 returns and request closure of your GST/HST and payroll accounts with the CRA. Our sister division, C1 Tax & Accounting Services, can assist with final returns.

Ideal For:

  • Owners closing down an inactive Ontario corporation
  • Founders transitioning from an incorporated company back to a sole proprietorship
  • Shareholders winding down holding or operating companies cleanly

Logical Next Step in Your Business:

CRA Program Account Closure
Close your CRA Business Number and GST/HST accounts cleanly.
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