A statutory close corporation is a corporation that elects special treatment under applicable state law, generally designed for businesses with relatively few shareholders. Availability and eligibility vary by state.

Ending, withdrawing, or restoring a business is usually more than a single filing. The company may need to address state filings, taxes, licenses, registered agent obligations, creditors, contracts, employees, bank accounts, and final records. The exact sequence depends on the state, the entity's status, and whether the business is closing entirely or only ending its authority in one jurisdiction.

Nonprofits may also need an EIN, bylaws, directors, conflict-of-interest procedures, state charitable registrations, initial or annual reports, and other filings depending on their activities and location. Specialized structures such as professional entities, series LLCs, and benefit corporations have additional state-specific rules and are not universally available.