This Professional Limited Liability Company - PLLC Formation Package state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new Professional Limited Liability Company. The form contains basic information concerning the PLLC, normally including the PLLC's name, purpose and duration of the PLLC, the registered address, registered agent, and related information.
Michigan Professional Limited Liability Company PLLC Formation Package
State:
Michigan
Control #:
MI-00PLLC
Format:
Word;
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FAQ
STEP 1: Name your Michigan LLC. STEP 2: Choose a Resident Agent in Michigan. STEP 3: File Your Michigan LLC Articles of Organization. STEP 4: Create a Michigan LLC Operating Agreement. STEP 5: Get an EIN for Your Michigan LLC.
Have the state license for each professional who will be a member of the company, and. check with the state licensing board for your profession to see if its prior approval is required, (and, if so, obtain the necessary documentation showing that approval), and.
A PLLC, or professional limited liability company, is a special type of LLC that may only be formed by licensed professionals for the purpose of rendering professional services. While this is not required, doing so can be beneficial for tax, liability, financing, and other reasons.
Regarding the management flexibility and taxation, a PLLC has the same advantages of an LLC. The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.
A PLLC, or professional limited liability company, is a special type of LLC that may only be formed by licensed professionals for the purpose of rendering professional services. While this is not required, doing so can be beneficial for tax, liability, financing, and other reasons.
How much does it cost to form an LLC in Michigan? The Michigan Department of Licensing and Regulatory Affairs charges $50 for regular service and $100 for priority rush filing. It will cost $25 to file a name reservation application, if you wish to reserve your LLC name prior to filing the Articles of Organization.