The Michigan Certificate of Cancellation is a document issued by the state of Michigan that officially cancels a corporation or limited liability company's (LLC) existence. This document is required when the corporation or LLC has been dissolved and all necessary steps have been taken to terminate the business. The Certificate of Cancellation is issued by the Michigan Department of Licensing and Regulatory Affairs (LARA) and must be filed with the Michigan Department of Treasury before the business can be considered officially dissolved. There are two types of Michigan Certificate of Cancellation: the Certificate of Cancellation for Voluntary Dissolution and the Certificate of Cancellation for Administrative Dissolution. The Certificate of Cancellation for Voluntary Dissolution is issued when the shareholders of the corporation or members of the LLC have voted to dissolve the business. The Certificate of Cancellation for Administrative Dissolution is issued when the business has failed to comply with Michigan's filing and payment requirements and has been administratively dissolved by the state.
Michigan Certificate of Cancellation
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How to fill out Michigan Certificate Of Cancellation?
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FAQ
To dissolve your LLC in Michigan, submit a completed Michigan Certificate of Dissolution form to the Department Licensing and Regulatory Affairs (LARA) by mail or in person. The form cannot be filed online. Use of LARA forms is optional.
The dissolution of a corporation by action of the board or shareholders requires the filing of a Certificate of Dissolution. A tax clearance must be requested from the Michigan Department of Treasury within 60 days of the filing the dissolution.
How do I stop a DBA in Michigan? Sole proprietors and corporations must fill out the Certificate of Discontinuance of Business Under an Assumed Name and pay the $10 fee. LLCs must pay $25 to cancel a DBA and submit a Certificate of Termination of Assumed Name.
Michigan corporations that have commenced business: To dissolve your Michigan corporation that has commenced business, file Form 531, Certificate of Dissolution with the Michigan Department of Licensing and Regulatory Affairs (LARA).
To withdraw your foreign Michigan Corporation in Michigan, you provide the completed Form 561, Application for Certificate of Withdrawal, along with the filing fee, Michigan Department of Licensing and Regulatory Affairs (LARA) by mail or in person. The Application for Withdrawal is not available for online filing.
In situations where a member agrees to voluntarily withdraw, all that may be required is the submission of a letter by the withdrawing member. In other cases, where a withdrawal is not voluntary, an operating agreement may include a voting procedure allowing the other members to vote for the removal of the member.
If your Michigan LLC has lost its good standing, you can still do business in Michigan. However, you won't be able to file any other paperwork with LARA ? not even to dissolve your Michigan LLC. After two years, your Michigan LLC's name will become available for other businesses to use.