One of the many choices involved in starting a business is selecting a business structure, each of which has their own eligibility requirements and procedures for formation. Limited liability companies (LLCs), for example, at a minimum require the filing of forms with a designated state government agency. The specific requirements for forming an LLC are found within each state's laws. Read on to learn about how to form an LLC in Michigan.
Requirements for Forming a Michigan LLC
In order to form a Michigan LLC, you'll need to file Articles of Organization with the Michigan Department of Licensing and Regulatory Affairs Bureau of Commercial Services. The Articles of Organization must include:
It's important to note that the name of the LLC can't include the words "incorporated" or "corporation," or an abbreviation of either of these words. Additionally, the name can't be taken by another business in the state and can't indicate that it's organized for a purpose other than the one stated in the Articles of Organization.
For your convenience, FindLaw offers a Michigan LLC Formation Package, which provides you with the necessary forms for starting an LLC in the state.
Forming a Michigan LLC at a Glance
While the process for forming an LLC is similar among the states, it's important to look up the precise steps in the state where you've chosen to form your LLC. The following table provides a brief overview of the required steps for forming an LLC in Michigan and also includes links to applicable statutes and government agencies.
|Statute(s)||Michigan Compiled Laws, Chapter 450, Section 450.4101, et seq. (Michigan Limited Liability Company Act)|
|Step-by-Step Process of Forming an LLC||
Forming a Michigan LLC requires the following steps:
*While the registered agent may be a foreign LLC or corporations, it must have a physical address in Michigan.
|State Agency in Charge of LLC Formation||
The Michigan Department of Licensing and Regulatory Affairs is the government entity responsible for business organizations in the state.
Michigan Compiled Laws:
Note: State laws are always subject to change through the passage of new legislation, rulings in the higher courts (including federal decisions), ballot initiatives, and other means. While we strive to provide the most current information available, please consult an attorney or conduct your own legal research to verify the state law(s) you are researching.
Forming a Michigan LLC: Related Resources
For additional information and resources related to this topic, please click on the links listed below.
Have Specific Questions About Forming a Michigan LLC? Talk to a Lawyer
If you have questions about forming an LLC in Michigan, or would simply like some guidance from an experienced legal professional, it's a good idea to consult with a skilled business organizations attorney in your area.
Contact a qualified attorney.