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Close a Business
Going out of business sign on door

Close a Business

Steps to take to officially close your business in Ohio.

To close your business at the state-level of government, you may need to file a dissolution with the Secretary of State as well as close any business accounts you have with the state.  There may be more to do at federal and local levels.

File a Dissolution

Depending on your business’ legal entity, you may need to file a dissolution with the Secretary of State.

Forms  |  Contact

Close Business Accounts

You’ll need to close/cancel all business accounts you have with state, as well as cancel any licenses.  See below for information on closing common business filings.

Close Tax Accounts

You must close your tax accounts, which may include filing a final sales tax return and canceling your vendor’s license.  You may also need to close use tax, Commerical Activity Tax, employer withholding, and excise and energy tax accounts.  Domestic, for-profit corporations must also obtain a Certificate of Tax Clearance. Questions? Contact the Department of Taxation

Close an Unemployment Compensation Tax Account

Deactivate your unemployment online in The SOURCE, Ohio's unemployment insurance tax system. If you have questions, contact the Ohio Department of Job and Family Services.

Cancel a Workers’ Compensation Policy

You must cancel your workers' compensation policy with the Ohio Bureau of Workers' Compensation. If this is not done, BWC will continue to bill installments, assess penalties and send invoices. If you have questions, contact BWC.

Professional Licensing

You may need to cancel a professional license. For general/contact information, see Licenses & Permits.