Michigan Termination of Assumed Name is the process of legally ending a business name that was previously registered in Michigan. It occurs when a business owner decides to end the use of an assumed name and return to using their original name. There are two types of Michigan Termination of Assumed Name: Voluntary Termination and Statutory Termination. Voluntary Termination is when a business owner files a form with their local county clerk to terminate the assumed name, while Statutory Termination is when a business owner does not file a form to terminate the assumed name, and the assumed name is terminated automatically after a set period of time.
Michigan Termination of Assumed Name
State:
Michigan
Control #:
MI-CD-543
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Termination Of Assumed Name
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FAQ
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.
To formally change a business name in Michigan, you'll ultimately need to file either a Certificate of Amendment to the Articles of Organization if you own a Michigan limited liability company (LLC) or a Certificate of Amendment to the Articles of Incorporation if you own a Michigan corporation.
Assumed names expire every 5 years from the date of filing.
As a formal matter, Michigan does not require the filing of a DBA designation on the state level. However, a foreign corporation or business entity that wants to use a name that is already registered will be required to file for a DBA.
When the same name is assumed by more than one entity, each participant corporation, limited partnership, or limited liability company must simultaneously file a separate Certificate of Assumed Name. The assumed name will be effective for the same period for each participant. 7.
Your assumed name must be renewed every five years using the same registration form. You must fill out a new registration form to change the name of your DBA, but you can change its registered address or the name of its owner with the Assumed Name - Change of Address/Name Change form.
Your DBA will expire 5 years from date of filing.
Manage Your Michigan DBA To renew your assumed name, call (517) 241-6470. You can cancel your DBA by filing the Certificate of Termination of Assumed Name form. The fee for corporations and LPs is $10. The fee for LLCs is $25.