How To Get An LLC In Michigan

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June 2, 2023

How to Get an LLC in Michigan

If you’re looking to start a business in Michigan, you may be considering forming a limited liability company (LLC). LLCs offer a number of benefits, including limited liability for owners, pass-through taxation, and flexibility.

This can be done yourself by visiting the Michigan Secretary of State website by following the LINK and following the steps listed below. You can also get an LLC in Michigan by contacting our Business Formation Specialists at Business🚀Rocket for assistance. The team at Business Rocket has the knowledge and experience to file the documents on your behalf so you get the most benefits from whatever business structure you select.

Here are the steps on how to get an LLC in Michigan:

Choose a name for your LLC.
File your articles of organization with the Michigan Secretary of State.
Choose a registered agent.
Get an Employer Identification Number (EIN).
Create an operating agreement.
Obtain business licenses and permits.
File an annual report.

Step 1: Choose a name for your LLC

When choosing a name for your LLC, there are a few things to keep in mind. First, your name must be unique. You can check the availability of names by searching the Michigan Secretary of State’s website.

Second, your name cannot be misleading. It cannot suggest that your business is affiliated with another business or government agency.

Finally, your name cannot be offensive.

Step 2: File your articles of organization with the Michigan Secretary of State

Your articles of organization is a document that officially creates your LLC. It must include the following information:

The name of your LLC
The address of your registered agent
The purpose of your LLC
The names and addresses of your LLC members

You can file your articles of organization online or by mail. The filing fee is $50.

Step 3: Choose a registered agent

A registered agent is a person or business that accepts legal documents on behalf of your LLC. The registered agent must have a physical address in Michigan.

You can choose to be your own registered agent, or you can hire a registered agent service.

Step 4: Get an Employer Identification Number (EIN)

An EIN is a nine-digit number that is used by the IRS to identify businesses. You can get an EIN online or by mail.

Step 5: Create an operating agreement

An operating agreement is a document that outlines the rules and regulations of your LLC. It is not required by law, but it is strongly recommended.

The operating agreement should include the following information:

The name of your LLC
The address of your registered agent
The purpose of your LLC
The names and addresses of your LLC members
The management structure of your LLC
The distribution of profits and losses
The procedures for amending the operating agreement

Step 6: Obtain business licenses and permits

Depending on the type of business you are starting, you may need to obtain business licenses and permits from the city or county where you will be operating your business.

Step 7: File an annual report

Each year, you must file an annual report with the Michigan Secretary of State. The filing fee is $25.

Benefits of Forming an LLC in Michigan

There are many benefits to forming an LLC in Michigan. These include:

Limited liability for owners: Owners of an LLC are not personally liable for the debts and liabilities of the business. This means that if the business is sued, the owners’ personal assets are not at risk.
Pass-through taxation: The income and losses of an LLC are passed through to the owners and taxed on their personal tax returns. This can save business owners money on taxes.
Flexibility: LLCs offer a great deal of flexibility in terms of management and ownership structure. This can be a great advantage for businesses that are just starting out or that are growing rapidly.

Conclusion

Forming an LLC is a great way to protect your personal assets, save money on taxes, and gain flexibility in running your business. If you’re considering starting a business in Michigan, forming an LLC is a great option.

Call to Action

If you’re ready to start the process of forming an LLC in Michigan, we can help. We offer a variety of services to help you get started, including:

Name availability search
Articles of organization preparation
Registered agent service
EIN assistance
Operating agreement preparation
Business license and permit assistance
Annual report preparation

How To Get An LLC in Different States:

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