This form is an Application for Certificate of Discharge of IRS Lien. Use to obtain certificate of release when lien has been removed or satisfied. Check for compliance with your specific circumstances.
Certificate Of Discharge Form With Filing History (optional) In Michigan
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If you fail to properly dissolve your Michigan business, you might also be subject to fines or financial penalties depending what the issues are. Problems with dissolving your Michigan corporation or LLC could also negatively impact business owners' or members' credit and future business ventures.
Penalties if fail to file Failure to file by the due date will lead to penalties. There is an initial penalty of $50. If you fail to meet the Michigan LLC annual requirements for 2 consecutive years, then an administrator's notice will be issued and the company will be regarded as “not in good standing” with the state.
Being in good standing on the state's records means that the business keeps all the rights and privileges of doing business as a statutory entity. However, entities that don't stay on top of their compliance obligations can lose their good standing status.
A Michigan Certificate of Good Standing is a document confirming that an entity is authorized to do business in Michigan and that the entity has maintained compliance with the state's business requirements, such as filing annual reports and paying Michigan Business Tax or MBT.
If a corporation or LLC is inactive by means of revocation or administrative dissolution, it cannot legally transact business in a state. This can impact the entire organization's ability to engage with clients, creditors, and other government agencies.
If you have Internet access, you can fill out the form online at and print it out. The numbered items below correspond to the numbers on the SAMPLE Proof of Service attached. 1 & 2 File no. - Fill in the trial court case name and number.
A professional limited liability company that is not in good standing remains in existence and may continue to transact business in this state.
A Michigan Certificate of Good Standing (CGS) is the best and easiest way to prove that your business is in compliance with state law. Whether you're looking to expand your business outside the state, applying for government funding, or entering into an agreement with another company, a CGS might be essential.
An owner who intends to sell his residential or commercial property is required to obtain a Certificate of Occupancy.
A certificate of good standing (also called a certificate of status in some states) is simply a written document from the state that verifies that, as of a certain date and for a certain period of time, your business is properly registered with the state and is legally authorized to conduct business.