ASK THE BUSINESS LICENSE GURU

By David Yount

Question:

“I'm no longer operating my business – how do I close my business license?”

Answer:

The method to close a business license depends on the governing board in charge of the license. In the case of many smaller, basic business licenses, a written notification in the form of an email or letter may be all that is required to close your license. More regulated license types might require submission of a specific form in order to request license closure. Depending on the nature of your license or registration, you may also need to obtain proof of tax clearance – i.e. evidence that you have no past due fees on your license account – before your license can be closed.

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