Do You Need A Registered Agent For A 700 Llc

Starting an LLC in Michigan Is Piece of cake

LLC in Michigan - To first a business organisation as a Michigan LLC, you lot'll need to complete and file the Articles of Organization with the Michigan Corporations Sectionalisation, which costs $50. Yous can use online, in person, or by postal service. The Articles of Organization is the legal certificate that officially creates your Michigan LLC (Limited Liability Company).

Follow our footstep-past-step guide How to Start an LLC in Michigan to start your business organization today. You can learn more about starting a Michigan LLC, the unlike business organization structures, and tax benefits in our What is an LLC guide.

STEP 1: Proper noun your Michigan LLC

Choosing a concern proper name is the offset and most important step in forming an LLC in Michigan. Be sure to choose a business name that complies with Michigan naming laws and requirements and is easily searchable by potential business clients.

1. Follow the naming guidelines for a Michigan LLC:

Your proper noun must include the phrase "limited liability company" or 1 of its abbreviations (LLC or L.50.C.).
Your proper noun cannot include words that could confuse your LLC with a authorities agency (FBI, Treasury, State Department, etc.).
Restricted words (e.one thousand. Bank, Attorney, Academy) may require additional legal paperwork and a licensed individual, such as a doc or lawyer, to exist function of your LLC.

For a complete list of naming rules in Michigan, you can visit the Michigan Department of Licensing and Regulatory Affairs website.

two. Is the proper name available in Michigan? Make certain the business name you lot want isn't already taken past doing an LLC name search online through the Michigan Department of Licensing and Regulatory Affairs (LARA).

To learn more than near searching for a Michigan LLC proper name, read our full guide.

3. Is the URL available? Nosotros recommend that you check to meet if your business name is available every bit a web domain. Fifty-fifty if you don't plan to create a business website today, you may want to purchase the URL in order to prevent others from acquiring it.

Find a Domain Now

Now that you have verified your proper noun and secured the URL you may select a professional service to complete the LLC formation process for you lot. Nosotros recommend using one of these professional person services:

ZenBusiness ($39 + Land Fees)

LegalZoom ($149 + Land Fees)

FAQ: Naming an LLC

What is an LLC?

LLC is short for "limited liability company." Information technology is a uncomplicated business structure that offers more flexibility than a traditional corporation while providing many of the aforementioned benefits. An LLC is 1 of several concern structures, such as a sole proprietorship, partnership, and corporation (C corp and Southward corp). For more than information, read our What is an LLC guide.

Watch our video: What is an LLC?

How do I name my Michigan LLC?

You lot must follow the Michigan LLC naming guidelines when choosing a proper noun for your LLC:

Include the phrase "limited liability company" or 1 of its abbreviations (LLC or L.L.C.).
Do non use words that could confuse your business with a government agency (FBI, State Department, CIA, etc.).
Receive the proper licensing when using the words such as lawyer or medico.

If you are having problem coming up with a proper name for your LLC utilise our LLC Proper name Generator. That volition not just observe a unique name for your business only an available URL to lucifer.

Afterward you get your business proper name, your next step is getting a unique logo. Get your unique logo using our Free Logo Generator.

Do I demand to get a DBA or Trade Proper name for my business?

Most LLCs do not need a DBA. The proper noun of the LLC can serve as your visitor'south brand proper name and y'all tin can accept checks and other payments nether that name as well. Nonetheless, you may wish to annals a DBA if you would similar to conduct business under another name.

To acquire more about DBAs in your country, read our How to File a DBA guide.

Pace 2: Choose a Resident Agent in Michigan for your LLC

You are required to appoint and maintain a resident amanuensis for your Michigan LLC. A resident agent is more commonly known as a registered agent in other states.

What is a resident agent? A resident agent is an individual or business concern entity responsible for receiving important tax forms, legal documents, notice of lawsuits, and official authorities correspondence on behalf of your business. Think of your registered agent as your business organisation's point of contact with the state.

Who tin exist a resident agent? A resident agent must be a resident of Michigan or a corporation, such equally a registered agent service, authorized to conduct business in the country of Michigan. You may elect an individual within the company including yourself.

To learn more about Michigan Registered Agents, read our full guide.

Recommended: ZenBusiness includes Registered Agent Service with their LLC germination package ($39 for the 1st year + Land Fees).

FAQ: Nominating a Registered Amanuensis

Can I be my own Resident Agent?

Is a Registered Agent service worth it?

Using a professional registered agent service is an affordable mode to manage regime filings for your LLC. For about businesses, the advantages of hiring a professional registered agent service significantly outweigh the annual costs.

For more information, read our article on Michigan resident agents.

Pace 3: File Your Michigan LLC Manufactures of Arrangement

To register your Michigan LLC, you'll need to file Grade 700 - Articles of Organization with the Michigan Corporations Division. You can apply online, by postal service, or in person.

Now is a good time to determine whether your LLC will be member-managed vs. manager-managed.

Choice i: File Form 700 Online With the LARA Corporations Online Filing Organisation

File Online

- OR -

Choice 2: File past Mail or in Person

Download Form

Land Filing Toll: $l, payable to the Michigan Section of Licensing and Regulatory Affairs (nonrefundable)

Mailing Address:
Michigan Department of Licensing and Regulatory Affairs
Corporations, Securities & Commercial Licensing Agency — Corporations Division
P.O. Box 30054
Lansing, MI 48909

Office Address:
Michigan Section of Licensing and Regulatory Affairs
2501 Woodlake Cir.
Okemos, MI 48864

For help with completing the form, visit our Michigan Articles of Arrangement guide.

If you're expanding your existing LLC to the land of Michigan, you'll need to register as a Foreign LLC.

FAQ: Filing LLC Documents

What is the processing fourth dimension to form my Michigan LLC?

24 hours online, 3 to 5 business days by mail, only may be expedited for an boosted fee.

What is the divergence between a domestic Michigan LLC and foreign LLC?

An LLC is referred to as a "domestic LLC" when it conducts business concern in the state where it was formed. Normally when we refer to an LLC we are actually referring to a domestic LLC. A strange LLC must be formed when an existing LLC wishes to aggrandize its business to another country.

Read our What Is a Foreign LLC commodity to acquire more.

How much does information technology price to starting time a Michigan LLC?

Stride four: Create a Michigan LLC Operating Agreement

An operating agreement is not required for an LLC in Michigan, but it'due south a adept practice to have 1.

What is an operating understanding? An operating understanding is a legal document outlining the ownership and operating procedures of an LLC.

Why are operating agreements important? A comprehensive operating understanding ensures that all business owners are on the aforementioned page and reduces the run a risk of future conflict.

For more than information on operating agreements, read our Michigan LLC operating agreement guide.

FAQ: Creating a Michigan LLC Operating Understanding

Do I need to file my operating agreement with the state?

No. The Michigan LLC operating understanding is an internal document that you should keep on file for future reference. However, many states do legally require LLCs to have an operating agreement in identify.

STEP five: Get an EIN for Your Michigan LLC

What is an EIN? EIN stands for Employer Identification Number. EINs are a nine-digit number assigned by the Internal Revenue Service (IRS) to assistance place businesses for tax purposes. It is essentially a Social Security Number for a business concern.

An EIN is sometimes referred to every bit a Federal Employer Identification Number (FEIN) or Federal Tax Identification Number (FTIN).

Why do I need an EIN? An EIN is required to:

Open a business organization bank account
File and manage Federal and State Taxes
Hire employees

What if I already have an EIN for my sole proprietorship?The IRS requires that sole proprietorships get a new EIN when converting to an LLC.

Where do I get an EIN? You can get an EIN for complimentary from the IRS. Getting an EIN is an easy procedure that can be done online or by mail service.

FOR INTERNATIONAL EIN APPLICANTS: Y'all exercise not need a SSN to become an EIN. For more data, read our How to Go an EIN every bit a Foreign Person guide.

Option ane: Request an EIN from the IRS

Utilise Online

- OR -

Option 2: Apply for an EIN by Postal service or Fax

Download Form

Mail service to:
Internal Acquirement Service
Attn: EIN Operation
Cincinnati, OH 45999

Fax: (855) 641-6935

Fee: Free

FAQ: Getting a Michigan EIN

How do I obtain an EIN if I don't have a social security number?

What tax structure should I cull for my Michigan LLC?

Do I need an EIN for my LLC?

All LLCs with employees, or any LLC with more than than ane member, must have an EIN. This is required past the IRS.

Larn why nosotros recommend e'er getting an EIN and how to go one for gratuitous in our Exercise I Need an EIN for an LLC guide.

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Considering Using an LLC Formation Service?

Nosotros reviewed and ranked the top 5 LLC formation companies.
Discover out which is the best LLC service for you lot.

Best LLC Services

Of import Steps After Forming an LLC

Dissever Your Personal and Business Assets

When your personal and business concern accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your Michigan LLC is sued. In business police force, this is referred to as piercing the corporate veil.

You tin can start protecting your LLC in Michigan with these steps:

ane. Opening a business organisation checking account:

Separates your personal avails from your visitor'due south assets, which is necessary for personal asset protection.
Makes accounting and tax filing easier.

Need help finding your EIN for your depository financial institution application? Visit our EIN Lookup guide for help.

Recommended: Read our Best Banks for Small Business review to find the best national banking concern, credit union, business-loan friendly banks, one with many brick-and-mortar locations, and more.

2. Getting a business credit card:

Helps categorize and separate all business expenses for end-of-twelvemonth tax purposes.
Helps build your concern credit score — an essential step toward getting a line of credit or business organisation loan in the time to come.
Allows you to keep track of department expenses by issuing multiple cards (with multiple budgets) to your employees.

For a closer expect at business credit cards and their benefits, check out our review of the best pocket-sized business organisation credit cards.

Recommended: Visit Divvy to apply for their business organisation credit carte du jour and build your business organization credit quickly.

Use With Divvy

For other of import steps to protect your corporate veil, like properly signing legal documents and documenting company business, please read our corporate veil article.

3. Hiring a business concern accountant:

Prevents your business from overpaying on taxes while helping you avoid penalties, fines, and other plush tax errors
Makes bookkeeping and payroll easier, leaving you with more time to focus on your growing business
Manages your business funding more effectively, discovering areas of unforeseen loss or extra profit

For more business organisation accounting tools, read our guide to the best business organisation accounting software.

Get Business Insurance for Your Michigan LLC

Business insurance helps you manage risks and focus on growing your LLC. The most mutual types of business organisation insurance are:

Full general Liability Insurance: A wide insurance policy that protects your business from lawsuits. About small businesses go full general liability insurance.
Professional Liability Insurance: A business concern insurance for professional service providers (consultants, accountants, etc.) that covers claims of malpractice and other business errors.
Workers' Compensation Insurance: A blazon of insurance that provides coverage for employees' job-related illnesses, injuries, or deaths. In Michigan, businesses with 1 or more employees, including LLC members and corporate officers, are required past constabulary to have workers compensation insurance.

Read our review of the best small business insurance companies.

Create Your Business organization Website

Creating a website is a large stride in legitimizing your business. Every business needs a website. Even if you think that your business is too small or in an offline manufacture, if you don't have a website, yous are missing out on a large percentage of potential customers and revenue.

Some may fear that creating a business website is out of their achieve because they don't have whatever website-edifice experience. While this may have been a reasonable fear dorsum in 2015, spider web technology has seen huge advancements in the by few years that makes the lives of small business owners much simpler.

Here are the master reasons why you shouldn't delay building your website:

All legitimate businesses have websites - full stop. The size or industry of your business does not matter when it comes to getting your business organisation online.
Social media accounts like Facebook pages or LinkedIn concern profiles are not a replacement for a business website that you own and control.
Website builder tools similar the GoDaddy Website Builder have fabricated creating a basic website extremely elementary. You lot don't demand to rent a web programmer or designer to create a website that you tin be proud of.

Using our website building guides, the process volition exist simple and painless and shouldn't have you any longer than two-three hours to complete.

Send Out a Printing Release

Printing releases are among the easiest and best ways to promote your business organisation. They are also one of the well-nigh cost-effective strategies as they:

Provides publicity
Establish your brand presence on the web
Improve your website'south search engine optimization (SEO), driving more customers to your website
Are a ane-fourth dimension cost in terms of endeavor and money
Have long-lasting benefits

Go on Your Company Compliant

Michigan Business concern Permits & Licenses

Do I need a Michigan business license and allow?

To operate your LLC in Michigan you must comply with federal, state, and local government regulations. For example, restaurants likely need health permits, building permits, signage permits, etc.

The details of business licenses and permits vary from state to land. Make sure you read carefully. Don't be surprised if there are short classes required as well.

Fees for a Michigan business license and allow will vary depending on what sort of license you are seeking to obtain.

Discover out how to obtain necessary Michigan business licenses and permits for your LLC or have a professional service do it for y'all:

Business License Guide: Use our detailed Michigan Business organisation License guide.
Federal: Use the U.S. Small Business Administration (SBA) guide.
State: Use the Land of Michigan's Land License Search.
Local: Contact your local county clerk and ask most local business licenses and permits.

Recommended: If yous are a first-fourth dimension entrepreneur, consider having a professional service research your business's licensing requirements. Read our best business license services review on Startup Savant.

Michigan LLC Tax Filing Requirements

Depending on the nature of your business organisation, you may be required to register for one or more than forms of country revenue enhancement.

Sales Tax

If y'all are selling a physical product, you'll typically need to annals for a seller'southward allow online through the Michigan Department of Treasury website.

This certificate allows a business organisation to collect sales revenue enhancement on taxable sales.

Sales tax, as well chosen "Sales and Use Tax," is a tax levied past states, counties, and municipalities on business transactions involving the substitution of certain taxable goods or services.

Read our Michigan sales tax guide to detect out more.

Employer Taxes

If you have employees in Michigan, yous volition need to register for Unemployment Insurance Tax through the Michigan Unemployment Insurance Agency. You volition too demand to sign up for Employee Withholding Tax through the Michigan Department of Treasury.

Federal LLC Tax Filing Requirements

Most LLCs will need to report their income to the IRS each year using:

Form 1065 Partnership Return (about multi-member LLCs utilize this form)
Form 1040 Schedule C (most unmarried-member LLCs utilise this course)

How y'all pay yourself as an possessor will also bear on your federal taxes. Visit our guide to learn more than about how to pay yourself from your LLC.

Read our LLC Tax Guide to learn more well-nigh federal income taxes for LLCs.

File Your LLC Almanac Statement

Michigan requires LLCs to file an annual statement with the Country of Michigan.

File Online With the Country of Michigan

File Online

Fee: $25, payable to the Section of Licensing and Regulatory Affairs (Nonrefundable)

Due Date: Due past February 15 each year

Tardily Filings: Michigan charges a $fifty late fee for missing the February 15th filing deadline.

Avoid Automated Dissolution

LLCs may face fines and even automatic dissolution when they miss i or more state filings. When this happens, LLC owners risk loss of express liability protection. A quality registered agent service can help prevent this outcome by notifying y'all of upcoming filing deadlines and by submitting reports on your behalf.

Recommended: ZenBusiness offers a reliable registered agent service and excellent customer back up. Learn more past reading our ZenBusiness Review.

Hiring Employees

If y'all plan to rent employees for your business, stay compliant with the law by following these steps:

Verify that new employees are able to work in the US.
Study employees as "new hires" to the state.
Provide workers' compensation insurance for employees.
Withhold employee taxes.
Impress workplace compliance posters and identify them in visible areas of your workspace.

Notice more information on the Michigan LARA guide for employers.

FAQ: Hiring Employees in Michigan

What is the minimum wage in Michigan?

The minimum wage in Michigan is $9.87 per hr.

How often practise I need to pay employees?

Payday frequency rules in Michigan depend on occupation.

Small Business concern Resources

Get Aid Starting a Concern in Michigan

Nosotros understand that creating an LLC in Michigan and getting your business up and running comes with many challenges. To assistance you succeed, we compiled the best local resources in every major metro area in Michigan. Yous can get complimentary assistance in the post-obit areas:

Ann Arbor | Detroit | G Rapids | Lansing

Small Business Trends

Learn about the current US business organization trends and so y'all can make the most informed concern decisions.

Women in Business organisation Tools and Resources

If you accept a woman-owned business organization, many resources are available to aid you concentrate on your concern's growth:

Funding - (ie. grants, investors, loans)
Events - (ie. conferences, meetups)
Guides - (ie. business formation, personal growth)
Support - (ie. advice, communities, concern strategies)

Our information and tools volition provide educational sources, allow yous to connect with other women entrepreneurs, and help you manage your business with ease.

Free LLC Legal Forms

TRUiC offers a number of free LLC legal forms to help with creating documents like:

Operating agreements
LLC resolutions
Hiring documents, including:
- Employment contracts
- Independent contractor service agreements (ICSA)
- Non-disclosure agreements (NDA)

All you'll need to do to download the forms is sign upwards for the TRUiC Business concern Center, which is also free, forever.

How to Build Business Credit

Learning how to build business credit can help you go credit cards and other business organisation funding options in your business's proper name (instead of yours), with improve interest rates, higher lines of credit, and more.

TRUiC's Pocket-sized Business Tools

TRUiC believes business concern tools should be costless and useful. Our tools help solve business organization challenges, from finding an idea for your business, to creating a business plan, writing an operating agreement for your LLC, and more.

Check out TRUiC'due south modest business tools:

Business organization Name Generator
Business Idea Generator
Free Logo Maker
Operating Agreement Tool
Business Plan Generator
Entrepreneur Quiz

More Michigan LLC Data

Michigan Foreign LLCs

Forming a foreign LLC allows your company to operate as one entity in multiple states. If y'all have an existing LLC and want to do business concern in Michigan, you will need to annals as a foreign LLC. This can be washed by mail.

File by Mail With the Michigan Section of Licensing and Regulatory Affairs

Download Form

Fee: $l, payable to the Michigan Department of Licensing and Regulatory Affairs (Nonrefundable)

Mailing Address:
Michigan Section of Licensing and Regulatory Affairs
Corporations, Securities & Commercial Licensing Bureau
Corporations Division
P.O. Box 30054
Lansing, MI 48909

How to Obtain a Certificate of Proficient Standing in Michigan

A Certificate of Proficient Standing verifies that your LLC in Michigan was legally formed and has been properly maintained. Several instances where yous might demand to get ane include:

Seeking funding from banks or other lenders
Forming your business as a foreign LLC in another state
Obtaining or renewing specific Michigan business licenses or permits

In Michigan, yous must file a concrete Certificate of Adept Standing course past mail, fax, or in person.

Request Certificate of Good Standing Online, by Mail, by Phone, or in Person With LARA

Read Instructions

Fee: $10 online, by postal service, and by phone, and $12.fifty in person, payable to the Michigan Section of Licensing and Regulatory Affairs (LARA) (Nonrefundable)

How to Deliquesce an LLC in Michigan

If at any signal in the futurity you no longer wish to conduct concern with your LLC, it is important to officially dissolve it. Failure to do and so in a timely fashion tin can outcome in tax liabilities and penalties, or even legal problem. To deliquesce your Michigan LLC, there are 2 broad steps:

Close your business organization tax accounts
File the Manufactures of Dissolution

When you are fix to deliquesce your LLC, follow the steps in our Michigan LLC Dissolution Guide.

Guide to Starting a Business in Michigan
Elevation Five LLC Formation Services Compared
Cost to Form an LLC in Michigan

Key Terms for Entrepreneurs

LLC: An LLC is a US business organisation structure that offers the personal liability protection of a corporation with the laissez passer-through tax of a sole proprietorship or partnership.

DBA: A DBA, or doing business concern equally name, is any proper noun a business organization operates nether that isn't its legal proper noun.

Partnership: A partnership is an informal business structure owned past more than one individual that doesn't provide personal liability protection.