The following table sets forth a comprehensive summary of this state’s LLC laws, filing requirements, taxation and more.
Keep in mind though, that the information in this table is subject to the whim of each state’s lawmakers, so the information is constantly changing.
It’s a good idea to do a reality check with the Secretary of State’s office to confirm that the information is still current.
|Secretary of State Contact Information||Bureau of Commercial Services|
P.O. Box 30702
Lansing, MI 48909-8202
(517) 334-8048 (Mich. fax filing service)
|LLC Filing and Assistance Website Address||www.michigan.gov/cis/|
|LLC Filing Fees||To organize, an LLC must file Articles of Organization and submit a $50 filing fee. Foreign LLCs must file an Application for Certificate of Authority to Transact Business in Michigan accompanied by a filing fee of $50.|
|LLC Name Reservation Information and Fees||Michigan organizers may reserve an LLC name by filing an Application for Reservation of name with the Division accompanied by the $25 filing fee. The reservation is effective for six months.|
|Link to Get LLC Formation Forms||http://www.michigan.gov|
|Periodic LLC Reporting Requirements||All LLCs doing business in Michigan are required to file an Annual Statement each year by February 15. LLCs organized after September 30 need not file an Annual Statement until the second February 15 th after their formation|
|Link to Get LLC Tax Forms||www.michigan.gov/treasury|
|LLC Tax Summary||Michigan does not levy a business income tax. However, it does collect a Single Business Tax on any business with adjusted gross receipts that exceed $250,000 in a tax year. LLCs are generally exempt from this tax. However, LLCs classified as corporations for federal tax purposes may be required to pay.|
|LLC Statute||Michigan Statutes Section 450.4101 through 450.5200.|
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
You can view his Amazon Author Profile Here.