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Michigan Certificate of Share Exchange For Use By Domestic Profit Or...

Michigan Certificate of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps

Name: Michigan Certificate of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.88 (318 reviews)

Category:

Michigan Secretary of State - Corporation Division - Corporations

State:

Michigan

Control #:

MI-CD-553

Format:

Instant download

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Description

Certificate of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps The Michigan Certificate of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps is an official document prescribed by the State of Michigan and used to notify the Secretary of State of the changes in ownership of a corporation resulting from a share exchange. It is commonly used when a corporation issues stock as payment for shares of another company. This document is necessary to update the corporate records with the Secretary of State and to show that the transfer of shares is accounted for and legally documented. The two types of Michigan Certificates of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps are: 1. Certificate of Share Exchange for Use by Domestic Profit Corporations 2. Certificate of Share Exchange for Use by Foreign Acquiring Profit Corporations.

The Michigan Certificate of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps is an official document prescribed by the State of Michigan and used to notify the Secretary of State of the changes in ownership of a corporation resulting from a share exchange. It is commonly used when a corporation issues stock as payment for shares of another company. This document is necessary to update the corporate records with the Secretary of State and to show that the transfer of shares is accounted for and legally documented. The two types of Michigan Certificates of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps are: 1. Certificate of Share Exchange for Use by Domestic Profit Corporations 2. Certificate of Share Exchange for Use by Foreign Acquiring Profit Corporations.

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FAQ

Michigan's state statutes don't specify what activities count as doing business in the state, but in general, a foreign LLC will need to register with the state if it hires employees, owns or leases property, or uses its business name to sell goods in Michigan.

How to Register as a Foreign Entity in Every State Conduct a name availability search.Select a registered agent to represent your business in the state.Many states will require that you provide a certificate of good standing from your business formation state.Provide a copy of your formation documents.

A domestic LLC or corporation is a business that is formed within its home (domestic) state. Foreign qualification is when a legal entity conducts business in a state or jurisdiction other than the one in which it was originally formed. (It is not to be confused with being a business in a foreign country.)

Foreign Corporations A foreign profit corporation must file an Amended Application for Certificate of Authority (CSCL/CD 562) to report changes in its name, or if information on the application changes. The filing must be completed within 30 days of when the change was effective in the home jurisdiction.

In the event that a foreign corporation holding a Certificate of Authority desires to withdraw from this state, it is required to file an Application for Certificate of Withdrawal (form CSCL/CD-561).

A foreign entity is any corporation, business association, partnership, trust, society or any other entity or group that is not incorporated or organized to do business in the United States, as well as international organizations, foreign governments and any agency or subdivision of foreign governments.

To register a foreign corporation in Michigan, you must file a Michigan Application for Certificate of Authority to Transact Business or Conduct Affairs in Michigan with the Michigan Department of Licensing and Regulatory Affairs. You can submit this document online, by mail, or in person.

The state of Michigan requires you to file a Certificate of Amendment to the Articles of Incorporation with the Corporations Division of LARA whenever you change your corporation's name, address, purpose, or resident agent. State law requires a properly filed amendment within 30 days of the changes.

More info

Articles of Share Exchange Involving Domestic or Foreign Corporations or Foreign Other Entity. For the purpose of this chapter, the term: (1) "Authorized shares" means the shares of all classes a domestic or foreign corporation is authorized to issue.In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation's capital stock. Merger or consolidation of domestic and foreign stock and nonstock corporations. Issuance and revocation of certificates of authority of foreign corporations; increasing capital stock of foreign corporation; and acquiring,. Foreign: A business that was created outside of Washington State. Merger or share exchange with foreign corporation. Sec. Gather all information required to complete the form. Have a valid form of payment. 450.1707 Certificate of merger or share exchange.

Michigan Certificate of Share Exchange For Use By Domestic Profit Or Foreign Acquiring Profit Corps

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