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Forming a Michigan Limited
Liability Company for your business is an
excellent decision. LLC's enjoy both the
simplified
pass through taxation of partnerships and
the limited liability of corporations. An LLC
has fewer formalities after formation than a
corporation--meaning you can focus on your
business and not on paperwork.
Help protect your personal assets
from lawsuits and judgments against your
company by forming a Michigan LLC. If you
neglect to incorporate your business, you can
be held
personally liable for business debts and
lawsuits. Find out about forming a legal
Michigan Limited Liability Company and start
your business off on the right track.
The formation and registering of
LLCs is handled by the Michigan Department of Economic
Growth.
Michigan LLC Filing Fees
As of February,
2006, the filing fee for a Michigan
Limited Liability Company is $50,
payable to the DEPARTMENT OF LABOR &
ECONOMIC GROWTH
BUREAU OF COMMERCIAL SERVICES and accompanies
your Articles of Organization. Mail completed
form with filing fee to:
Michigan Department of Labor & Economic
Growth
Bureau of Commercial Services Corporation
Division
P.O. Box 30054
Lansing, MI 48909
LLC Name Requirements
Your corporate
name must end with the words Limited
Liability Company or one of the
following abbreviations:
"LLC," "L.L.C.,"
"limited," "ltd.,"
"ltd".
Member/Manager
Information
Minimum Number -
one or more
Members/Managers- at least one is
required to be listed in the
Articles of Organization
Residence
Requirements - none specified
Age Requirements
- none specified
License Requirements
Michigan
requires most businesses to obtain a
license and pay a fee if operating in
the state. Please check with the state
to make sure your business is complying
with the license requirements for your
particular profession.
Registered Agent
The registered
agent may be an individual resident in
this state or a domestic or foreign
corporation authorized to transact
business in Michigan, having a business
office identical with such registered
office.The registered agent must have a
physical address in Michigan, a Post
Office Box or Drop Box is not
acceptable. If the registered office
includes a suite number, it must be
included in the registered office
address.
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