Check Name Availability for LLC in Michigan
To avoid that, look up your desired Michigan LLC name ahead of time using the state’s business entity search. Check name availability: Our Michigan LLC Name page has information about how to use the business entity search tool. It also explains details about name rules in Michigan.
File Form for Changing LLC Address in Michigan
Step 2: File the Michigan LLC name change form. To change your LLC address in Michigan, you’ll need to submit a Certificate of Change of Registered Office or Registered Agent form to the Michigan Department of Licensing and Regulatory Affairs (LARA).
Update Your EIN
What is a registered office address? Update your EIN: If your Michigan LLC has an Employer Identification Number (EIN), you should also update the address associated with your EIN by contacting the IRS via phone, mail, or fax. The specific contact information and instructions can be found on the IRS website.
Renewing and Maintaining LLC in Michigan
How long is an LLC good for in Michigan? To do so in Michigan, you must register your assumed name with the Michigan Department of Licensing and Regulatory Affairs. You register by postal mail by filing a Certificate of Assume Name. The filing fee is $25. The registration is good for five years.
How is a LLC taxed in Michigan? By default, LLCs are pass-through entities for income tax purposes. This means the LLC itself doesn’t pay income taxes and doesn’t file a tax return. It’s the owners, or members, of the LLC who have to pay Michigan state income taxes on their share of the LLC’s income.
LLC Renewal and Compliance
Do you have to renew your LLC every year in Michigan? A Michigan limited liability company (LLC) must comply with the state’s Limited Liability Act. Under the act, you must renew your company’s status each year by filing an annual statement with the state.
Steps to Registering an LLC in Michigan
LLCs are designed to protect business owners from direct legal and financial responsibility. Here are 5 steps to follow when creating and maintaining an LLC in Michigan:
- Select a Name.
- Check with the Corporations Division of Michigan’s Department of Licensing.
- File a Certificate of Amendment.
- Update your Michigan LLC name with the IRS and Michigan Department of Treasury.
- Contact financial institutions and licensing agencies if necessary.
How to Dissolve an LLC in Michigan
How long does it take to dissolve an LLC in Michigan? Generally, the standard dissolution process takes 3-5 business days, while getting clearance from the Department of Treasury can take between 6-12 weeks.
LLC Ownership and Operating Agreements
One of these steps includes creating an Operating Agreement, a document that allows owners to transfer their shares to third parties or other LLC members.
Professional LLC and Approval Process
Yes, Michigan allows the registration of PLLCs. A PLLC (professional limited liability company) is an LLC where at least one member is licensed by the state to perform a professional service. How long does it take for an LLC to be approved in Michigan? The usual processing time for LLC documents and filings is between three to five working days.