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hey i'm destiny welcome back to my youtube channel and if you haven't already go ahead and subscribe to my channel because my channel is about building our businesses having multiple side hustles and also self-care so if those topics interest you make sure you go ahead and subscribe and in today's video is going to be a step-by-step tutorial of how to file for your michigan llc so this is going to be catered to my michigan subscribers and if you don't already know this year michigan has started allowing us to file for our llcs online so i'm going to walk you through the whole online process so if this interests you make sure you go ahead and stay tuned so the first thing i'm going to do is pull up google and just do a michigan llc online search that way it'll get me directly to the website but to make it easier for you all i'm going to go ahead and drop the direct website link in the comments below so i do want to put out a disclaimer that this is how i did my personal llc for my business that's the hair collection so and if you're nervous about this process you can go ahead and hire a professional or you may find some local resources in your city who may also help you do this so as you can see with the results loading we're going to go ahead and select the corporation's online filing system we're going to go ahead and select form 700 for the articles of organization for the domestic limited liability company and article 1 that's where you're gonna put your business name and like i said before i'm using dusty hair collection and you do wanna put the comma llc and then we're going to go on to article 2 and article 2 i normally skip that portion because i'm just doing a basic llc for myself but if you did have some other roles or duties that you wanted to add i would say leave that up to a professional just to make sure you get it right so we're gonna go ahead and go down to article three in article three you can leave blank unless you're doing a limited term llc where you're gonna do something like you're only gonna be in business for maybe one to three months where you want to put that down otherwise you can just leave it blank and then we're gonna go to article four and article four is where you're gonna start entering your business information so one thing about article four it is public records so whatever information you put on here anyone will be able to find that information so i always use my business address and since you're doing this process yourself you don't need to fill out number three where it says registered office mailing address because that's if you actually hire someone to do your llc and they're the registered agent and in that case they'll put their information there and then they'll send all your business documents to that address but since you're doing it yourself you don't have to worry about that and we're going to go down to the next article where you see there's a blank box and then that blank box if it applies to you you'll put article number five and this article is for if you want your llc to be dated for a day in the future which is no more than 90 days after they received this document then you'll put that date in the effective date spot otherwise you'll just leave it blank and then you go down here to the signature portion you go ahead and put yourself as the organizer and then you'll select accept then for the submitter's contact information this is where you'll put your information so that way if something goes wrong they'll be able to contact you and most importantly make sure you have the correct email address because that's the email address they're going to be contacting you at to let you know once everything goes through and also to send you a digital copy and at the bottom it gives you the option to select your delivery method which you can either do email or mail which for me i personally do email because it's a lot easier for me but if you want to choose mail then you can choose that option as well and the next thing we're going to look at the different service fees so like most of us we're going to choose the standard review which is free so that method normally takes around i believe mine took up to three to five days but if you're in a rush you can do fifty dollars they have same day review a hundred dollars a two hour review 500 or one hour review which is one thousand so it's pretty much based on your preferences then before you can go to the next page make sure you verify that your all of your information is correct and now it's time to make the payment so in the state of michigan all you have to do is pay the 50 filing fee and you can pay it by credit or debit card and once you're done making your payment you're pretty much done with the llc process and then you'll wait for the email correspondence and sometimes they might have corrections for you and they might not but other than that it's a pretty simple process and if you have any comments or questions you can drop them in the comments section below and i'm going to try and stay up to date on these comments because i know it could be a little tricky so just be a little patient with me as i try and get back or if i don't get back to you as soon as possible make sure you send me an email thank you so much for watching this video today and if you haven't already go ahead and subscribe to my channel make sure to give this video a thumbs up and if you want to see more videos like this drop that and other suggestions in the comment section if you need more help with your business make sure you visit my website www.iamdestinyadams.com or you can visit my social media channels which is i am destiny adams on instagram facebook snapchat and twitter i do have a business page that is the traveling hair boss so yeah thank you so much for watching this long and make sure you stay tuned for the next video thank you you
Thanks for your comment Dillon Tasson, have a nice day.
- Renna Osaile, Staff Member
how to form an LLC in Michigan if you are interested in starting an LLC in the Great Lakes state you have good reason Michigan has low corporate taxes and costs of living yet provides great access to funding every state has slightly different requirements performing an LLC follow along closely to learn the required steps for creating your own limited liability company in the state of Michigan there are two ways to form an LLC in Michigan you can form on yourself or you can hire a service to do it for you let's start by looking at the five basic requirements to form an LLC in Michigan on your own 1 name your LLC every state has its own rules about what kind of names are allowed for LLC's in general you will need to observe these naming guidelines your name must include the phrase limited liability company or one of its abbreviations LLC or LLC with a period following H letter restricted words such as Bank Attorney law office etc may require additional paperwork and may also need a licensed professional to be part of the LLC your name cannot include words that could confuse your LLC with the government agency such as FBI Treasury State Department etc you cannot use a name that has already been registered to see if your name is available in your state you'll need to do a name search this free service is available on your state's Secretary of State website check out our free guide for finding the direct link to your state we also recommend that you check to see if your business name is available as a web domain even if you don't plan to make a business website today you may want to buy the URL in order to prevent others from requiring it to choose a registered agent Michigan requires that you nominate a registered agent for your LLC who is your business's point of contact with the state the registered agent can be an individual within the company including yourself or you can hire professional service authorized to do business in Michigan they will send and receive legal papers on your behalf these documents include official correspondence like legal summons and document filings which your registered agent will receive and forward to you your registered agent will help remind you to file the necessary report failure to properly maintain your LLC can result in fines and dissolution so this assistance is valuable 3 file the articles of organization to register your LLC you will need to file the articles of organization with the state of Michigan this can be done online by mail or in person your LLC will be considered member managed unless you state in article 5 that your LLC has manager managed member managed means all members of the LLC manage the company this is good for small organizations where everyone is involved in day-to-day operations the second option is manager managed where individuals are appointed to manage the LLC this is appropriate for larger organizations where not everyone is involved in the day-to-day affairs of the business 4 create an operating agreement although not every state requires it you should always create an operating agreement to establish ownership terms and member roles for your LLC this foundational document is the core of your LLC and will help you maintain your organization as well as further establish your LLC is a separate legal entity there are six main sections of an operating agreement organization outlines when and where the company was created who the members are and how the ownership is structured management and voting addresses how the company is managed as well as how the members vote capital contributions covers which members financially support the LLC and how more funds will be raced in the future distributions outlines how the company's profits and losses are shared among members membership changes describes the process for adding or removing members as well as if and when members can transfer their ownership shares and dissolution which explains the circumstances in which the LLC may be dissolved an operating agreement is an internal document it does not need to be filed with the state however it should be updated every time there is a change in membership or management at the company you can download a free sample operating agreement or create a custom one using our free operating agreement tool at how to start an LLC com 5 obtain an ein lastly you'll need to get an employer identification number or ein from the IRS also known as a federal tax identification number your EIN is like a social security number for your LLC and the IRS tracks your business for tax purposes an EIN is also necessary to open a business banking account and legally hire employees eons are free of charge and can be obtained from the IRS online or through the mail and with that you'll have formed a Michigan LLC on your own option to hire a professional service the second way to create a Michigan LLC is to hire a professional service to create your LLC for you hiring a professional service to file your forms and act as your registered agent for the LLC will cost you an additional 50 to 150 dollars however there are several benefits to working with a pro a hired registered agent helps with getting your reports filed on time helps you stay organized by keeping your business mail separate and is available at all regular business hours to accept official mail and legal papers on your LLC's behalf a final and important additional benefit of using a service is privacy a professional service will provide a level of privacy by withholding your personal name and home address from the LLC's contact information there are many reasons you might not want your personal information easily accessible and associated with your business hiring a professional LLC for mation service is an easy way to accomplish this now that you have seen the different requirements and ways you can form an LLC in michigan visit our site and take some time to research your options and establish a solid foundation for your business activities click on the links in the description below to research the top five professional formation services or get more information on how to form a Michigan LLC on your own now you know all the steps to form an LLC in your state for a more detailed guide go to how to start an LLC com you can also create an operating agreement and use our business plan tool free of charge give the video a like if you found it useful and subscribe if you'd like to see more and if you have questions or encounter any roadblocks leave a comment below good luck and starting your small business you
Thanks avstengdY your participation is very much appreciated
- Renna Osaile
About the author
I've studied bibliographic databases at Holy Names University in Oakland and I am an expert in psychological anthropology. I usually feel hot. My previous job was housekeeping supervisors I held this position for 3 years, I love talking about 3d printing and balafon. Huge fan of Cynthia Nixon I practice beach volleyball and collect non-sports trading cards.
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