Register An Llc In Michigan – Our free calculator and tools will guide you through starting and maintaining a Michigan business. All for free.
To start a business in Michigan, you will need to do three things: choose a registrar, choose a name for your business, and file a Letter of Incorporation with the Department of Licensing and Regulatory Affairs (LARA). You can apply online, by email or in person. It costs at least $60 to add an article. Once filed with the state, this document officially creates your Michigan corporation.
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Pursuant to MI Comp L § 450.1241 (2019), every Michigan corporation must appoint a registrant (also called a “resident employee.” You do not need to hire a registrant, but if you do, make sure your registrant will sign in. show his address in your report wherever possible to ensure maximum privacy.
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If you’re starting a new business, you probably already know what you want to name your company. But you’ll want to know if you have a chosen name. To find out, visit the LARA Michigan Business Name Search and search until you find the perfect name for your company.
Once you know who your registered agent will be and your company name, you are ready to file your Michigan Articles of Incorporation. Follow the instructions in our directory below: Michigan Business Name Search
Learn more about each essay requirement below. Note that the information you provide becomes part of the public record – permanently.
Better yet, fill out the form and register your Michigan business with us. We offer free business addresses to add to the directory so your personal address is safe and private.
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Your name must contain “Incorporated,” “Company,” “Incorporated,” “Incorporated,” or an abbreviation of one of these words. Tip: Many companies keep it short and sweet with “Corp” or “Inc.”
If you are creating a training company, you need to set a goal. On the other hand, it is sufficient to state general purposes such as “the corporation may engage in any of the activities for which a corporation may be created under the Act.” Tip: Most companies list general objectives.
List the number of shares you are creating. You must have at least one share. If you have more than one class or order of shares, list the number of each, and any rights or restrictions for the class or order.
For your Michigan registered agent, you can list a business (but not your own) or a Michigan resident (as yourself). Tip: We recommend the northwest.
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Your registered office is the Michigan street address where your trustee accepts legal documents on your company’s behalf and it will be a matter of public record. Tip: Our address will go here when using Northwest.
Companies register and submit their Articles of Incorporation. Each installer must have their name and address. The affiliate doesn’t have to be anyone in your company – just someone you let post your article. Tip: When you hire us to set up your Michigan company, we will be your partner.
This reservation is optional. Basically, it’s a statement about work arrangements or restructuring plans with creditors. In general, this provision allows the court to order a meeting where ¾ of the creditors and ¾ of the shareholders can agree to the arrangement or merger plan.
This ability is also optional. The bill allows for common actions to be taken at corporate meetings without notice or vote if authorized in writing.
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Standard Chartered Companies do not have employees or offices in any state. But as a national registrar, it is important to us, which is a benefit for our customers. Our office is located in Okemos, MI. We are on a first name basis with those who work at the Ministry of Business Affairs.
As your registered agent, we list the Okemos registered office address on your company registration form. Why? If you are starting a business from your home in Grand Rapids, do you really need your home address as your business address? (Hint: the answer is no.) We’ll list our address so you don’t have to. Additionally, we do not sell your data. We do not record information about you on file unless necessary. It’s a standard and part of our commitment to Privacy by Default®.
At Northwest, we do everything a registered user should do and more. You can list our address as your business address on your state filing. We include limited digital mailing and subscription services (up to 5 regular newsletters per year; $15 per newsletter after that).
We know the ins and outs of each state – and we use this knowledge to help you when you need it. Our team of Corporate Guides® includes over 200 local business professionals. You can call or email us for answers to all your questions about your Michigan business. Our industry guide is only intended to help you in your business – not to sell you a job or a meeting limit.
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After preparing the Michigan Articles of Incorporation, you still have many important things to do, including obtaining an EIN, drafting regulations, holding your first meeting, opening a bank account, and learning about state filing and tax requirements.
A federal employee identification number (commonly called an EIN or FEIN) is like a social security number for your business. The IRS assigns these numbers and uses them to identify individual companies on tax filings, including federal corporate tax returns.
The IRS requires companies to obtain an EIN for federal tax filing, and the Michigan Department of Treasury requires an EIN for business registration. You may be asked for an EIN when opening a bank account, applying for a loan, or applying for a local business license.
You can get an EIN directly from the IRS. This application is free, many businesses can apply online. However, if you do not have a social security number, you will need to file an application form. Can’t fill out another application? Call Northwest to get your EIN. Just enter the service EIN at checkout when you sign up for our engagement service.
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Bylaws are the internal rules you set for your business. They explain how decisions will be made and who can make those decisions. All the planning and key processes for your company will go through your line.
Yes, MI Comp L § 450.1231 (2019) provides that corporations, owners or directors must approve the original regulations.
However, you will not be able to submit the order to the state. Corporate bylaws are the documents in which you keep other corporate records, such as meeting minutes and resolutions.
Corporate law covers basic policies and procedures for things like finance and corporate governance. The law should cover a number of topics, answering key questions such as the following:
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Michigan statutes may also create additional provisions, assuming those additions are consistent with state law. For example, MI Comp L § 450.1501 (2019) states that the statute may specify the qualifications required for a member of a company’s board of directors.
Creating standards can be overwhelming – where do you start? Northwest can help. When you hire us to set up your Michigan business, we provide you with a free business plan. We know the types of problems and questions that companies need to answer, and we have spent years adapting and improving our models. We also offer many other free corporate templates, including templates for resolutions and meeting minutes.
The organizational meeting is the first meeting of the company after the business is legally incorporated in the state. At this meeting, the constitution is approved, officers are elected, and any other initial business is conducted. Minutes of the first meeting should be recorded and included in your company records.
You are required to give at least three days’ notice by email before making the meeting. The things that are often used in organizational meetings can be done with the support of many attendees. The meeting does not have to be held in Michigan.
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Businesses that mix personal and business finances together run the risk of losing their security, so your company will need its own bank account. In addition, a company bank account is important for accepting payments easily, making payments and managing money.
To open a business bank account in Michigan, you will need to bring the following with you to the bank:
If your law does not specifically mandate that you open a bank account, you can also appeal the company’s decision to open a bank account. The Act states that a person going to the bank through a business has the right to open an account in the name of the company. At Northwest, we offer free bank forms, along with many other free business forms, to help you get started quickly.
In Michigan, companies write annual newsletters every year. In terms of state taxes, corporations take priority over income taxes.
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Michigan’s annual report is a document you must keep every year. You must verify or update the name
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