First off, putting “LLC” in your company name informs them that you are a limited liability corporation. This gives your company some transparency and respectability, which can be useful when looking for collaborations or loan approval.
Second, putting “LLC” in your company name can help to safeguard the reputation and brand of your business. If your company name is currently being used by another company, adding “LLC” helps distinguish your brand and avoid customer misunderstanding.
Corporate Articles of Incorporation Amendments
The Michigan Department of Licensing and Regulatory Affairs will accept amendments to your LLC’s Articles of Incorporation if you need to do so. Adding or deleting members, changing the company’s commercial objective, or changing the name of the corporation are a few common reasons for filing an amendment. In Michigan, removing a member from an LLC
The operating agreement should specify the procedure to be followed in the event that a member of an LLC in Michigan needs to be dismissed. The Michigan LLC Act specifies how to manage the situation if there isn’t an operating agreement in effect. Generally, a member can be expelled by a vote of the remaining members or by a court decision. Changing a Corporation’s Ownership in Michigan
In order to alter a corporation’s ownership in Michigan, the necessary documentation must be filed with the state. This could involve making changes to the company’s records, issuing new stock certificates, and filing an amendment to the articles of incorporation.
Yes, you can use the state’s online business registration system to register your firm in Michigan. You can use this system to register your LLC, corporation, or other type of business entity as well as to submit any required licensing or permit applications.
Depending on the type of business entity you are registering, the fee to register a business name in Michigan varies. For instance, registering a trade name for a sole proprietorship costs $25, whereas registering a name for a corporation or LLC costs $50. Additionally, there is a $50 extra charge for expedited processing.
Yes, the majority of enterprises in Michigan need a business license. However, depending on the region and type of business, different criteria and fees apply. For more details, it is advised to contact the Michigan Department of Licensing and Regulatory Affairs.