Secretary Wayne Williams reduces fee to dissolve businesses

DENVER, Sept. 28, 2016 -- Secretary of State Wayne Williams is slashing the fee dissolving a Colorado business from $25 to $10 effective this Saturday, Oct. 1.

It’s the latest effort from the Secretary of State’s office to support Colorado’s business endeavors.

Williams said during his travels statewide, he has met Coloradans whose businesses have struggled and ultimately closed.

"These are difficult situations for small business and their families, and I am pleased that we can now reduce some of the financial burden," he said today. "I take great pride in knowing that my office provides an extremely high level of service to Colorado businesses with fees that are amongst the lowest in the country. We do so by constantly striving for better processes and innovative use of technology."

The fee reduction is based on:

• Ongoing process and technology improvements that have contained and reduced operating costs.
• Higher than forecasted business filings this year.

The Colorado Secretary of State’s office over the years has developed a reputation for innovation. Earlier this month, the office announced one-stop shopping for notaries public with online training. A year ago, Colorado became the first state in the country to offer for free business certification services online so customers didn’t have to mail the office or visit it in person.

"Our staff comes to work every day looking for ways to add value and become more efficient," said Mike Hardin, director of Business and Licensing. "It is great to see this hard work and commitment to excellence translate to better service and costs for our customers."

For more information, contact business@SOS.state.co.us.