
Application for Reservation of Name LARA Dleg State Mi Form


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People also ask
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What is a Michigan LLC name reservation?
A Michigan LLC name reservation is a process that allows a business owner to secure a specific name for their limited liability company before officially filing for formation. This reservation prevents others from using the desired name for a certain period, ensuring that your brand remains unique during the registration process.
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How long does a Michigan LLC name reservation last?
A Michigan LLC name reservation lasts for six months. This timeframe gives business owners ample opportunity to prepare the necessary documents for LLC formation without the risk of someone else taking their chosen name.
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What is the cost of a Michigan LLC name reservation?
The cost for a Michigan LLC name reservation typically involves a nominal fee, usually around $25. This fee is paid when submitting the reservation request to the Michigan Department of Licensing and Regulatory Affairs (LARA).
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How do I reserve a name for my Michigan LLC?
To reserve a name for your Michigan LLC, you must complete the Name Reservation form and submit it to LARA, either online or by mail. After payment of the required fee, you will receive confirmation of your reservation, securing your desired name for six months.
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Can I reserve a name that is already taken in Michigan?
No, you cannot reserve a name that is already in use by another business entity in Michigan. To ensure your desired LLC name is available, you should conduct a name search on the Michigan LARA website before submitting your name reservation request.
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What are the benefits of a Michigan LLC name reservation?
The primary benefit of a Michigan LLC name reservation is securing your desired business name while you prepare your formation documents. This process also allows you to establish brand identity and helps prevent competitors from registering a similar name during that critical period.
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Can I change the reserved name for my Michigan LLC after submission?
Once you submit a name reservation for your Michigan LLC, you cannot change it. If you need to select a different name, you will have to let the initial reservation expire and then submit a new name reservation request for the preferred name.
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