Michigan LLC annual renewal [With Tuto]



Last updated : Aug 10, 2022
Written by : Thurman Baffuto
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Michigan LLC annual renewal

Do I have to renew my LLC Every year in Michigan?

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 it cost to renew an LLC in Michigan?

The fee for each prior year annual report and statement is $125.00. If submitting a current year annual report and statement with the restoration, the fee on the current year is $75.00 if received on or before February 15 or $125.00 if received after February 15.

How long does I have to have my LLC to file my annual report in Michigan?

Annual Report Deadlines New LLCs formed after September 30 do not have to file an annual statement (Form CSCL/CD-2700) in the year immediately after their formation. For instance, a Michigan LLC formed between October 1 and December 31 in 2022 will need to file its first annual report in 2024 by February 15.

How do I file an LLC annual report in Michigan?

Filing: The statement/report can be filed online at: www.michigan.gov/fileonline or mail the annual statement with the fee to PO Box 30768 Lansing MI 48909. Annual statements may also be delivered in person to our office located at 2501 Woodlake Circle, Okemos, MI.

How long is an LLC good for in Michigan?

You register by mail by filing a Certificate of Assumed Name. The filing fee is $25. The registration is good for five years.

How much does an LLC cost per year in Michigan?

All Michigan LLCs need to pay $25 per year for the Annual Report (aka Annual Statement). These state fees are paid to LARA. And this is the only state-required annual fee. You have to pay this to keep your LLC in good standing.

Does an LLC have to file a tax return in Michigan?

Michigan taxes LLC profits the same way as the IRS: the LLC's owners pay taxes to the state on their personal tax returns. The LLC itself does not pay a state tax, but Michigan does require LLCs to file an annual report, due February 15 each year, with a filing fee of $25.

What does it mean when an LLC is not in good standing Michigan?

A professional limited liability company that is not in good standing remains in existence and may continue to transact business in this state.

Who Must file Michigan business tax return?

All taxpayers other than financial institutions and insurance companies (described here as standard taxpayers) with nexus and apportioned or allocated gross receipts equal to $350,000 or more and whose CIT tax liability is greater than $100 must file a CIT Annual Return (Form 4891).

WHAT ARE LLC Annual Reports?

Instead, an LLC annual report provides basic information and facts about your company, such as the names and addresses of your registered agent and directors and managers. It's a comprehensive report on the company's activities throughout the preceding year.

How much is Michigan Business Tax?

The Michigan Business Tax (MBT), which was signed into law by Governor Jennifer M. Granholm July 12, 2007, imposes a 4.95% business income tax and a modified gross receipts tax at the rate of 0.8%.

What is a business annual statement?

An annual report is a document that contains comprehensive financial information about public companies, small and large corporations, non-profit organizations, partnerships, and other businesses. It includes their financial performance and activities over the prior fiscal year.

How do I fill out a Michigan Article of Organization LLC?

  1. Entity Name.
  2. Business Purpose.
  3. Duration of LLC.
  4. Registered Agent Name and Registered Office Address.
  5. Governing Authority.

How do I close an LLC in Michigan?

To dissolve your LLC in Michigan, submit a completed Michigan Certificate of Dissolution form to the Department Licensing and Regulatory Affairs (LARA) by mail or in person. The form cannot be filed online. Use of LARA forms is optional.

What is the difference between a domestic LLC and a professional LLC?

The main difference is that a PLLC doesn't protect members from malpractice claims made against them. However, a PLLC provides the same protection against liabilities as an LLC in all other areas. Because members are vulnerable to malpractice claims, malpractice insurance is critical.

What is an LLC in Michigan?

A limited liability company is a business formed by an organizer who may, but need not be a member. It is a business entity separate from its members and liability is limited to the financial contribution made by the member. The members are the owners of the company.

How much does an LLC cost?

You can file the LLC filing documents online, by mail, or in-person when visiting the local SOS office. The filing costs usually vary from $50 to $150 which is a single-time fee. If you plan to form your company in another state, then you might have to provide additional documentation and pay a higher formation fee.

Whats the difference between an LLC and DBA?

When considering the difference between DBA and LLC, a limited liability company, or “LLC,” is a legal body that is separate and distinct from its owners. A “DBA,” or “doing business as,” is merely a name owners use to conduct their business and has no legal force.

How much does a business license cost in Michigan?

How much does a Michigan business license cost? A sales tax license in Michigan is free to set up and renew each year (and can be set to auto-renew as well). Other licenses can cost anywhere from $15 to $1,000 a year, depending on the location, profession and type of business.

How much is a DBA in Michigan?

Michigan DBA Costs DBA filing fees tend to range between $10 to $16, depending on the county. To find out the correct fee amount, contact the County Clerk in the location where you intend to file.


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Michigan LLC annual renewal


Comment by Ignacio Mcculough

Thanks for this great article


Thanks for your comment Ignacio Mcculough, have a nice day.
- Thurman Baffuto, Staff Member


Comment by Olga

welcome to my plus lares new registration and renewal system for licensed professionals in michigan this video will walk you through how to renew your license with my plus we recommend using internet explorer for this renewal process to get started please open internet explorer and go to Michigan gov /mi plus select your profession from the list click on the my plus login link highlighted in red on the right side of the screen log in to your my Plus account by entering the username and password of your account then click the login button select the licenses tab and then select click here to renew license select the county that you live in and click continue application if all of the information is correct click continue application at the bottom of the screen if you need to make modifications exit this video and watch the modifications video at michigan.gov /mi plus answer the questions related to good moral character and disciplinary actions on the screen you will be asked to provide additional details if you answer yes to either of the questions related to good moral character click continue application at the bottom of the screen after answering the questions on this page you will be asked to attach supporting documents if you clicked yes to the answers related to good moral character or disciplinary action if you answered no you may continue to the next page by clicking continue application at the bottom right corner of the page if you answered yes please click on the Add button in the center of the page and provide the appropriate documents related to good moral character and disciplinary action if you already have a controlled substance license you may renew it along with your professional license uncheck the box if you do not wish to renew your controlled substance license otherwise click continue application if you do not have a controlled substance license you will automatically be directed to the next screen please review the information on the screen to make sure it is correct if the information is correct acknowledge the terms of the agreement by checking the box at the bottom left part of the screen then click continue application at the bottom right of the screen the next and final step to complete your renewal is to pay the license renewal fees the license renewal fees are established by the state of Michigan last legislature click continue application to complete the renewal process by paying the renewal fees debit or credit cards are the only accepted methods of payment to renew your license we do not accept American Express click on next to continue with the payment complete the billing information form make sure the name and address you enter matches the name and address on the credit card you will be using to pay the licensing fees scroll down to complete the form enter your credit card information and click Next on the next page review your information and click pay now to complete the renewal process once you click pay now your payment will be processed and you will be redirected to the my + home screen the receipt confirms the Department of Licensing and regulatory affairs has received your payment and then the renewal process was completed if you have additional questions or concerns please email or call us at the number on the screen we are available to help Monday through Friday from 8 a.m. until 5 p.m.


Thanks Olga your participation is very much appreciated
- Thurman Baffuto


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