How to Form a Corporation in MichiganNolo
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People also ask
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Is there an annual fee for an LLC in Michigan?
Michigan LLC Cost. Forming an LLC in Michigan costs $50—the state fee to file the Michigan Articles of Organization. You'll also need to pay a $25 annual report fee every year to keep your LLC active.
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Do I have to renew my LLC every year in Michigan?
The annual statement must be filed by the 15th of February each year. If the registration of your LLC has taken place after September 30 in a given year, then you can skip the Michigan LLC annual requirements in the first year.
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How do I form a Michigan LLC?
6 Steps to Start an LLC in Michigan Choose a Business Name. LARA has several rules in place that determine how you can name your LLC. ... Reserve the Business Name. ... Choose a Resident Agent and Registered Office. ... File the Articles of Organization. ... Write an Operating Agreement. ... Get Michigan Business Licenses.
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How much does it cost to start a corporation in Michigan?
Your Articles of Incorporation can be filed online via the state's digital portal. You can also mail or file in person with the Department of Licensing and Regulatory Affairs, or Bizee can file it on your behalf. The Michigan Corporation filing fee is $60. There is no charge for the Public Information Report.
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Is a Michigan corporation required to have bylaws?
Corporate bylaws are required in Michigan. ing to MI Comp L § 450.1231, “the initial bylaws of a corporation shall be adopted” at the first organizational meeting following incorporation. In other words, bylaws are legally necessary to form a corporation in Michigan.
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How do I maintain an LLC in Michigan?
The Basics of Maintaining Your LLC Annual Report: Required filing in Michigan to keep your LLC in good standing. Articles of Organization: Updating of your LLC information in Michigan. Operating Agreement: Legal document outlining the internal rules and procedures of a Limited Liability Company.
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How often do I have to renew my LLC in Michigan?
In Michigan, every LLC must file an annual statement each year. The Michigan Department of Licensing and Regulatory Affairs will send you a pre-printed annual statement form approximately three months before the due date. You can either use this form or file your statement online.
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What happens if an LLC is not in good standing in Michigan?
If your Michigan LLC has lost its good standing, you can still do business in Michigan. However, you won't be able to file any other paperwork with LARA – not even to dissolve your Michigan LLC. After two years, your Michigan LLC's name will become available for other businesses to use.
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