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Michigan doesn't have a state-level general business license, so there are no fees there. However, your business may need a state-level industry-specific license or municipal-level license or permit to operate. The filing fee for licenses will vary depending on where you're doing business and what industry you're in.
LLC stands for limited liability company, which means its members are not personally liable for the company's debts. LLCs are taxed on a ?pass-through? basis ? all profits and losses are filed through the member's personal tax return. Generally, LLCs are required to pay a one-time filing fee as well as an annual fee.
You can get an LLC in Michigan in 2 weeks if you file online (or 4 weeks if you file by mail). If you need your Michigan LLC faster, you can pay for expedited processing.
FAQ Choose Your Business Idea. Pick a Name for Your Michigan LLC. Create a Business Plan. Appoint a Registered Agent. File Your LLC Articles of Organization. Obtain Your Certificate of Formation. Draft Your Michigan LLC Operating Agreement. Get Your EIN/Tax ID.
Steps to Create a Michigan General Partnership Determine if you should start a general partnership. Choose a business name. File a DBA name (if needed) Draft and sign partnership agreement. Obtain licenses, permits, and clearances. Get an Employer Identification Number (EIN) Get Michigan state tax identification numbers.
Starting an LLC in Michigan will include the following steps: #1: Name Your Michigan LLC. #2: Choose a Resident Agent. #3: File Articles of Organization. #4: Draft an Operating Agreement. #5: Obtain an Employer Identification Number (EIN)
Michigan LLC Cost. Forming an LLC in Michigan costs $50?the state fee to file the Michigan Articles of Organization. You'll also need to pay a $25 annual report fee every year to keep your LLC active.
Starting an LLC in Michigan will include the following steps: #1: Name Your Michigan LLC. #2: Choose a Resident Agent. #3: File Articles of Organization. #4: Draft an Operating Agreement. #5: Obtain an Employer Identification Number (EIN)