| 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. Click here to find out what a Registered Agent service is and whether you need one. |