Register a foreign corporation or LLC in Michigan.
Register a foreign corporation or LLC in Michigan.
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Foreign corporation is a term used in the United States to describe an existing corporation (or other type of corporate entity, such as a limited liability company or LLC) that conducts business in a state or jurisdiction other than where it was originally incorporated.
If you don't register your business, a bank will not provide you with a business account. Additionally, if you do not register your business, the chances of getting funding from investors (unless they are friends or family) are next to none.
A foreign corporation is a corporation that is incorporated in one state, but authorized to do business in one or more other states. For example, a corporation may be formally registered in Delaware, but authorized to do business in California, Florida, and Texas.
Michigan requires business enterprises to register, allowing you to make your collected tax payments. Obtain all necessary permits. Some businesses need special permits or licenses. You can search what permits are required, and obtain the applications from Michigan Business One Stop.
It is entirely legal to operate as a sole proprietorship without registering your company. Keep in mind, however, that doing so does not provide you with any form of legal protection if you experience debt or face legal action.
Business Licenses The state of Michigan doesn't have a general business license; however, many cities require a business license to operate. Sales Tax License Businesses selling products and certain services will need to register for a Sales Tax Permit with the Michigan Department of Treasury.
Foreigner registration is a mandatory requirement by the Government of India under which all foreign nationals (excluding overseas citizens of India) visiting India on a long term visa (more than 180 days) are required to register themselves with a Registration Officer within 14 days of arriving in India.
To register your foreign business in Michigan, you must file an Application for Certificate of Authority to Transact Business in Michigan with the Michigan Department of Licensing and Regulatory Affairs (LARA). You can download a copy of the blank application (Form CSCL/CD-760) from the LARA website.
If the business is a corporation or limited partnership, include a $10 filing fee. If it is a limited liability company, the filing fee is $50.