How Long Does It Take to Get an LLC in Michigan?

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Steps to Form an LLC in Michigan:

  1. Choose a Name for Your Michigan LLC
  2. Appoint a Registered Agent
  3. File Your Articles of Organization
  4. Create an Operating Agreement
  5. Get Any Necessary Licenses or Permits

Cost of Starting and Maintaining an LLC in Michigan:

  • The main cost to start an LLC in Michigan is $50 for filing the Certificate of Formation.
  • An annual report must be filed with the state every year, costing $25.
  • Additional licenses and permits may be required depending on business activities.

Setting Up Your LLC in Michigan:

  • Reserving Your Business Name: LLC name must be distinguishable from existing entities.
  • Registering a DBA (Doing Business As) name may be necessary if using a different name.
  • Filing and processing time for online and paper filings.

Annual Requirements for LLCs in Michigan:

  • Paying fees for annual reports by February 15 each year.
  • Obligations like unemployment insurance for businesses with employees.

How to Renew Your LLC:

  • Submitting an Annual Report and paying $25 to Michigan Secretary of State yearly.

Characteristics of a Michigan LLC:

  • Combines limited liability of corporations with pass-through taxation.
  • Legal requirement to assign a registered agent for accepting documents.

Filing LLC Paperwork in Michigan:

  • Online filing may take 24 hours, while mail filing takes 3-5 business days.
  • Approval process typically takes 5-7 business days once paperwork is filed.

Additional Information:

  • Expedited formation incurs extra fees based on speed needed.
  • Registered agent receives legal correspondence on behalf of the LLC.

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