Can You Reopen a Dissolved LLC in Michigan?

Can you reopen a dissolved LLC in Michigan?
There is no universal reinstatement process because each state has specific laws. LLC ? An administratively dissolved Michigan LLC has to file a Certificate of Restoration of Good Standing with the Department of Licensing and Regulatory Affairs (LARA).
Read more on www.domyllc.com

In Michigan, dissolution of a Limited Liability Company (LLC) signifies that the business has come to an end and that all of its assets have been dispersed to the members. However, provided you meet certain standards, it is feasible to reestablish a disbanded LLC in Michigan.

You must first submit an application for reinstatement with the Michigan Department of Licensing and Regulatory Affairs (LARA) in order to reopen a dissolved LLC in Michigan. The name of the LLC, the date of dissolution, and the cause of the dissolution must all be included in the application. You’ll also need to pay the reinstatement cost and any other unpaid taxes or fees to the state.

You must also get the unanimous written consent of all of the LLC’s members if the firm was voluntary disbanded, it’s crucial to mention. If the LLC was forcibly disbanded, you will need a court order to bring it back.

The LLC will be considered to have never been dissolved once the application for reinstatement is approved. After then, the corporation will be able to carry on with its operations in the same way as before the dissolution.

LLCs in Michigan must submit an annual report to LARA in order to keep their good standing. The report can be submitted online through the LARA website by the deadline of February 15th of each year. You must include information about the LLC, including its name, address, registered agent, and the names and addresses of its members, in order to file the report.

You can make a request for a certificate of good standing in Michigan online at the LARA website. The certificate will attest to the LLC’s adherence to all state laws and its legitimacy to conduct business in Michigan. A certificate of good standing is only good for 60 days, so please keep that in mind.

An employee who satisfies their employer’s expectations for behavior, performance, and adherence to corporate policies is said to be in “good standing.” This often entails carrying out the duties assigned to you, abiding by the rules and regulations of the business, and keeping a positive attitude and work ethic.

So long as you comply with the conditions and submit an application for reinstatement to LARA, it is possible to reopen a disbanded LLC in Michigan. Furthermore, Michigan LLCs are required to submit an annual report and can get a certificate of good standing online via the LARA website. Finally, a worker in good standing satisfies the requirements set forth by their employer in terms of behavior, performance, and adherence to corporate rules.