If you would like to open a business in Michigan, you may want to establish an limited liability company.The statute is valid for any resident who wants to establish a limited liability corporation in Michigan.Prepare for the paperwork to be completed and filed according to state requirements.
Step 1: Pick a business name.
The most important part of the process is this.If you decide on a name, check to see if it's available in the Michigan name database.L.L.C should be at the end of your name.L.C. is a companyLC Liability Company is a limited liability company.
Step 2: Don't use your business name.
You can reserve a name for up to six months by filing an application with the Michigan Department of Licensing and Regulatory Affairs.The application can be sent by mail or online.A $25 filing fee is needed to register a name.
Step 3: An operating agreement should be created.
It is recommended that you establish an operating agreement at the time of filing your articles if you want to establish a limited liability company in Michigan.An operating agreement is a written agreement between the members of a limited liability company.
Step 4: A registered agent should be appointed.
The registered agent must be appointed at the time of the Articles of Organization filing.Any notice or demand that is served upon the company is designated by this person to accept legal process.The agent is responsible for sharing information with the company.
Step 5: There are Michigan articles of organization.
You will need to file an Articles of Organization with the state in order to form an limited liability company.If you don't understand what it is asking you, see a lawyer.
Step 6: Do you need to file for a PLLC?
An alternate form of Articles of Organization is required for certain professions.For companies that will be providing dental, medical, religious, or legal services, this form is appropriate.There is a P.L.C.PLLC is a company
Step 7: Send them in with your organization's articles.
Send the paperwork to the Department of Licensing and Regulatory Affairs once you have filled it out.Mail the filing fee and articles of organization to the Michigan Department of Licensing and Regulatory Affairs, Securities & Commercial Licensing Bureau, Corporations Division, P.O.Box 30054 is in Michigan.The Articles of Organization can be delivered in person at 2510 Woodlake Circle.Check, money order, VISA, or Mastercard can be used to make payments.
Step 8: If necessary, opt for an expedited service.
You can submit the expedited service form with your application if you want quicker processing of your documents.The fee for your expedited service should be included.Expedited service can be requested if the articles are received by 4PM.
Step 9: Wait for a reply.
Depending on whether you have done expedited services or not, you will receive your LLC within 3 to 10 business days.You should mail the information to the address you gave.
Step 10: You have to apply for an EIN number.
You will need to apply for an EIN Number to open a bank account.If you have more than one member in a limited liability company, an EIN/Tax ID number is required.
Step 11: You have to apply for business licenses.
If you want to do business in the state of Michigan, you need to get a local or state license.The type of licensing you will be required to maintain depends on the nature of your company and location.