Michigan LLC and Corporation Registration and Formation
Michigan has been witnessing good growth and it has a stable economy. The dollar GDP of Michigan was $505 billion in 2017 and 39 percent of the GDP comes from international trade (imports and exports). The industry with maximum contribution to the GDP is the manufacturing industry and this is the industry where most people form a Michigan business in. Another industry that is currently ranked 3rd in the state is professional and business services and the real value added by this industry to the Gross Domestic Product (GDP) of Michigan is $60.6 billion.
How do you form a Michigan business LLC or Corporation? There is a specific process that you need to follow to ensure proper registration of your business in the state. We have provided a small guide to help you in getting an insight into the process.
If you feel overwhelmed by the process or require any information regarding company formation in Michigan then we are there to help you! We are one of the top Michigan registered agents and are familiar with all business processes pertaining to the state of Michigan.
Michigan LLC Registration and Formation
LLC company formation in Michigan is governed by Chapter 428 Uniform Limited Liability Company Act. The procedure for registration and formation of LLC is as follows:
Step#1: Maintain a registered agent
If you are planning to form a Limited Liability Company in Michigan then you will be required to continuously maintain a registered agent in the state pursuant to MI Comp L § 450.4207 (2014). This law is applicable for domestic limited liability companies as well as foreign limited liability companies. We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in Michigan. We can assist you to form a Michigan business LLC.
Step#2: LLC Name Reservation
One of the foremost steps towards company formation in Michigan is identifying a name for your business entity. What is the process? The process is as follows:
- Identify a name for your business entity
- According to MI Comp L § 450.4205 (2014), the name should contain the phrase or words “limited liability company” or the abbreviations “L.L.C.”, or “LLC”.
- The chosen name should be distinguishable and should not be deceptively similar to the name of any limited partnership, corporation, or limited liability company
- Apply for reservation of name pursuant to the provisions of Act 23, Public Acts of 1993 (limited liability companies)
- Submit the form though mail or online with the Michigan Department of Licensing and Regulatory Affairs along with the applicable fee. An LLC can reserve its name for a period of 6 months.
Step#3: Articles of Organization and Certificate of Authority
If you are planning to form a Michigan business LLC then the most important step is to prepare and file the proper documents for a Limited Liability Company. The steps are:
- If you want to register a domestic LLC then you will be required to file “Articles of Organization” governed by MI Comp L § 450.4203 (2014).
- If your business entity is a foreign LLC then you will be required to file “Certificate of Authority” pursuant to MI Comp L § 450.5001 (2014).
- The application or documentation for registration of LLC can be filed with the office of the Michigan Department of Licensing and Regulatory Affairs, in person or online.
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the LLC registration.
In case, you have any questions regarding how to form a Michigan business, feel free to call us on 702-871-8678.
Michigan Corporation Registration and Formation
If you are planning to form a Corporation in Michigan then the procedure for registration and formation is as follows:
Step#1: Maintain a Registered Agent
If you are planning to form a business or professional corporation in Michigan then you will be required to continuously maintain a registered agent in the state pursuant to MI Comp L § 450.1241 (2014). This law is applicable for domestic as well as foreign corporations. We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in Michigan. We can assist you to form a Michigan business as we are in compliance with all regulations in the State of Michigan.
Step#2: Corporate Name Reservation
In order to form a corporation in Michigan, one of the key steps is identifying a name for your business entity. What is the process? The process is as follows:
- Identify a name for your business entity
- According to MI Comp L § 450.1212 (2014), a corporate name should contain the phrase or words “corporation”, “company”, “incorporated”, or the abbreviations “Corp.”, or “Inc.”
- The chosen name should be distinguishable and should not be deceptively similar to the name of any limited liability company, limited partnership, or corporation
- Apply for reservation of name pursuant to MI Comp L § 450.1215 (2014).
- Submit the form through mail or online with the Michigan Department of Licensing and Regulatory Affairs along with the applicable fee. An LLC can reserve its name for a period of 6 months.
Step#3: Articles of Incorporation and Certificate of Authority
If you are planning to form a corporation in Michigan, then the most important step is to prepare and file the proper documents for a business corporation. The steps are:
- If you want to register a domestic corporation then you will be required to file “Articles of Incorporation” pursuant to MI Comp L § 450.1202 (2014).
- If your business entity is a foreign corporation then you will be required to file an ” Certificate of Authority” to transact business in the state pursuant to MI Comp L § 450.2002 (2014).
- The application or documentation for registration of a corporation can be filed with the office of the Michigan Department of Licensing and Regulatory Affairs, in person or online.
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the incorporation.
If you have any questions regarding Michigan incorporation or LLC formation, you can simply visit the Michigan Business formation page.