Requirements for Forming an LLC in Michigan
-
An LLC in Michigan can’t use a post office box on the Articles of Organization or any other business filing. You can use a PO box for billing, mailing, and shipping. To remove a registered agent from your LLC in Michigan, you will submit the certificate of change or registered agent form with LARA. However, if you do remove a resident agent, you must immediately appoint a new agent and provide updated registered office information.
-
Michigan does not have a franchise tax for LLCs. Depending on your business type and location, you may need specific permits or licenses. While you can’t set up an LLC for free, taking a do-it-yourself approach and minimizing the use of professional services can help you save money during the formation process. However, handling these tasks requires time and effort, and there may be additional legal or financial risks if mistakes occur.
-
Every Michigan LLC must have a designated street address. That could be your home address (if you’re running the company from your residence), your company’s office building or any physical location. The address can be outside the state, and it can be a P.O. Box.
Using Addresses for Your Michigan LLC
-
Yes, using a virtual address for your LLC in Michigan is possible. While a virtual address can be used for mail and legal documents, some banks and financial institutions may require a physical address for opening business accounts.
-
When registering an LLC, you need a physical address, and a PO box doesn’t qualify. However, you can get around this problem by taking advantage of registered agent services. A registered agent is a service that can accept official documents on behalf of a business.
-
An LLC can have a street address outside the state and can use a P.O. Box as an address in Michigan. It’s essential to understand the legal implications of having a P.O. Box as an LLC address.
Registering Your Michigan LLC
-
The Michigan Corporations Division requires that you submit Form 700 – Articles of Organization in order to register your limited liability company within Michigan. You have the option of applying in person, online, or through the mail.
-
Step 4: Create Your Michigan LLC Operating Agreement
-
In order to start an LLC in Michigan, you’ll need to register with the Michigan Department of Licensing and Regulatory Affairs (LARA). Setting up your Michigan LLC involves specific steps and requirements that need to be followed.
-
The Next Steps After Forming an LLC in Michigan
-
Once the state approves your LLC and returns your articles of organization, there’s still work to do. You can use the following steps to ensure you have everything you need to become an operational business.
Additional Information on Michigan LLC Formation
-
Michigan LLC is a versatile and advantageous business structure that offers limited liability protection, pass-through taxation, flexibility in management, and simplified recordkeeping. These benefits make it an attractive option for entrepreneurs starting and growing their LLCs in Michigan.
-
Ready to start your business? Plans start at $0 + filing fees for LLC formation in Michigan. Check availability and obtain your business license to move forward in your entrepreneurial journey.