A Michigan Certificate of Restoration of Good Standing (Domestic LLC) is a document issued by the state of Michigan that certifies that an LLC is in compliance with all applicable laws and regulations, and that the LLC is currently in good standing. This document can be used to demonstrate that a domestic LLC is in full compliance with state requirements and is eligible to conduct business in Michigan. This certificate may be required for certain business transactions, such as applying for a loan, line of credit, or entering into a contract. There are two types of Michigan Certificate of Restoration of Good Standing (Domestic LLC): the Standard Certificate of Good Standing and the Expedited Certificate of Good Standing. The Standard Certificate of Good Standing is issued by the Michigan Department of Licensing & Regulatory Affairs and typically takes at least a week to process. The Expedited Certificate of Good Standing is issued by the Michigan Secretary of State and can be processed within 24 hours.
Michigan Certificate of Restoration Of Good Standing (Domestic Llc)
Description
How to fill out Michigan Certificate Of Restoration Of Good Standing (Domestic Llc)?
Preparing official paperwork can be a real burden unless you have ready-to-use fillable templates. With the US Legal Forms online library of formal documentation, you can be confident in the blanks you obtain, as all of them correspond with federal and state regulations and are examined by our specialists. So if you need to prepare Michigan Certificate of Restoration Of Good Standing (Domestic Llc), our service is the perfect place to download it.
Getting your Michigan Certificate of Restoration Of Good Standing (Domestic Llc) from our library is as easy as ABC. Previously registered users with a valid subscription need only sign in and click the Download button once they locate the correct template. Afterwards, if they need to, users can pick the same document from the My Forms tab of their profile. However, even if you are new to our service, signing up with a valid subscription will take only a few minutes. Here’s a quick guideline for you:
- Document compliance verification. You should carefully review the content of the form you want and check whether it satisfies your needs and fulfills your state law requirements. Previewing your document and reviewing its general description will help you do just that.
- Alternative search (optional). If there are any inconsistencies, browse the library using the Search tab above until you find a suitable template, and click Buy Now when you see the one you need.
- Account registration and form purchase. Register for an account with US Legal Forms. After account verification, log in and choose your most suitable subscription plan. Make a payment to continue (PayPal and credit card options are available).
- Template download and further usage. Choose the file format for your Michigan Certificate of Restoration Of Good Standing (Domestic Llc) and click Download to save it on your device. Print it to fill out your papers manually, or use a multi-featured online editor to prepare an electronic copy faster and more effectively.
Haven’t you tried US Legal Forms yet? Sign up for our service now to get any formal document quickly and easily whenever you need to, and keep your paperwork in order!
Form popularity
FAQ
The meaning of Certificate of Good Standing It serves as proof, or evidence, that the entity exists and is authorized to transact business in the state. Business entity laws vary among the states.
The State of Michigan requires you to file an annual statement for your LLC. You must file the statement each year by February 15. (The one exception is for new LLCs formed after September 30 of the preceding year, which don't need to file a statement on the February 15 immediately succeeding the date of formation.)
How much does a Michigan Certificate of Good Standing cost? The fee for a certificate of good standing is $10 for requests made online, by mail, or by phone. In-person requests cost $12.50 ($10 plus a $2.50 expedite fee).
ARTICLE II The purpose or purposes for which the limited liability company is formed is to engage in any activity within the purposes for which a limited liability company may be formed under the Limited Liability Company Act of Michigan.
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.
Michigan LLC Cost. Forming an LLC in Michigan costs $50?the state fee to file the Michigan Articles of Organization. You'll also need to pay a $25 annual report fee every year to keep your LLC active.
Michigan businesses are not legally required to obtain a certificate of good standing. However, your business may choose to get one if you decide to do business outside of Michigan or get a business bank account.