Michigan LLC Annual Report
LLCs formed in Michigan need to file this report with the Michigan Secretary of State each and every year. i.e., annually. Read about how to file this report.
File report online
Visit the official state government’s website to submit annual report online.
Visit Michigan official website
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
Michigan LLC Annual Report
Annual Report is used to keep your business records up to date with the State of Michigan and to track the payment of your LLC State Taxes.
Filed every year
All LLCs formed in Michigan must file this report every year.
LLC Officials Information
Annual Report is mainly used to update the change in name and address of Resident agent.
File Online or via mail
Annual report can be filed either online or by mail.
Change in Business name and address
You can also change your Company name and address by updating it on the annual report when it is due.
Michigan actions
Here are some of the actions business owners can take in Michigan:
How to file Annual Report in Michigan?
Follow these steps:
1. Visit official website
Every Michigan LLC is required to file an Annual Report each year. The Michigan Annual Report is due on February 15th of each year.
Due
annually by February 15
The Annual Report must be postmarked, complete and compliant, before February 15 to avoid late fees.
LLC Annual Report
Every LLC has to file this report in Michigan to stay compliant with the state laws.
Filing Annual Report
Michigan LLC is expected to file this report annually by February 15
File it online on Michigan Dept. of LARA website
Visit
Online fee
$25
Online processing time
3-5 days
Expedited processing fee
+$100
Expedited processing time
24 hours
Failure to pay
There is late fee of $50 for missing the February 15th filing deadline.
Articles of Organization
In Michigan, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
There are a couple of ways to file
File it online on LARA Corporations Online Filing System website
Visit
Mail a form to the state department
PDF
Address
Michigan Department of Licensing and Regulatory Affairs
Corporations, Securities & Commercial Licensing Bureau — Corporations Division
P.O. Box 30054
Lansing, MI 48909
Online fee
$50
Online processing time
24 hours
Mailing fee
$50
Mail processing time
3 - 5 days
Entity name
Every LLC should have a unique name in Michigan. Michigan maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Michigan business entity search tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Michigan corporations, securities & commercial licensing bureau. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$25
Reservation period
6 months
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
23 MCL §450.4204
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Here are some of the guidelines in simple language:
- 1
The name of a domestic limited liability company shall contain the words "limited liability company", or the abbreviation "L.L.C." or "L.C.", with or without periods or other punctuation.
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Report in Michigan
It is very important to maintain full compliance in Michigan. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Michigan.
Michigan LLC
Michigan Business search