Colorado Secretary of State logo - cube with a C in it

Colorado
Secretary of State
Wayne W. Williams

Picture of Secretary of State Wayne W. Williams

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Colorado Secretary of State logo - cube with a C in it

Colorado
Secretary of State
Wayne W. Williams

×
Colorado state seal

News Release

Media contact
Lynn Bartels
lynn.bartels@sos.state.co.us
(303) 860-6903

State of Colorado
Department of State

1700 Broadway
Suite 250
Denver, CO 80290

Wayne W. Williams
Secretary of State

Suzanne Staiert
Deputy Secretary of State

Colorado state seal

News Release

State of Colorado
Department of State

1700 Broadway
Suite 250
Denver, CO 80290

Wayne W. Williams
Secretary of State

Suzanne Staiert
Deputy Secretary of State

Media contact
Lynn Bartels
lynn.bartels@sos.state.co.us
(303) 860-6903

Colorado Secretary of State Wayne Williams slashes another fee

DENVER, March 29, 2017 -- The fee charged to out-of-state entities that want to withdraw from doing business in Colorado will be slashed from $125 to $10 effective Saturday, April 1.

Secretary of State Wayne Williams said the reduction reflects the continued efficiency within the office, which over the last six years has reduced a number of filing fees. Williams last October reduced the fee for dissolving in-state businesses from $25 to $10.

This latest fee reduction affects what are known as “foreign entities.” Foreign entities are businesses formed outside of Colorado that intend on doing business in Colorado.

As with the prior reduction for in-state businesses, Williams said one goal in reducing the fee is to have a more accurate business registry. Foreign entities that do not withdraw from doing business continue to be listed in the Secretary of State business database even though they might be delinquent or noncompliant.

As of the beginning of the month, 635,332 entities are in good standing in the Secretary of State website, with 66,413 registered as foreign entities.