It’s crucial to remember to submit your company’s annual statement if you operate an LLC in Michigan. Every year, LLCs must submit an annual statement to the Michigan Department of Licensing and Regulatory Affairs (LARA). We’ll walk you through the procedure in this post for filing your LLC’s annual statement in Michigan.
An LLC annual statement is a document that informs LARA about the current owners, managers, and registered agent of your LLC. The state uses this report to keep its records current and to verify that your company is in compliance with Michigan’s LLC requirements.
Every year, an LLC must file an annual statement with the state in order to disclose details about its owners, managers, and registered agent. This declaration is intended to ensure that the LLC is in conformity with state law and to keep the state’s records current. Do I Need to File an Annual Report in Michigan for My LLC?
How Much Does it Cost in Michigan to Form an LLC?
In Michigan, forming an LLC costs $50. The annual statement filing charge is $25 as well. Each year, the registered agent of the LLC will receive a reminder from the state to submit the annual statement and pay the cost.
Visit the LARA website in step one. Make sure the information on your LLC is current by visiting the LARA website and choosing the “Business Entity Search” option.
Enter your LLC’s identification number after choosing the “Annual Statement” option on the LARA website.
The fourth step is to submit and pay. Online payment of the $25 charge and submission of the completed annual statement. You can also print the form and mail it to the address on the form along with a cheque or money order for the application fee.
Finally, it should be noted that filing an annual statement for your LLC in Michigan is a crucial necessity. You may make sure that your LLC is in good standing with the state and avert any potential penalties by following the instructions provided in this article.
You must submit an Annual Statement to the Michigan Department of Licensing and Regulatory Affairs (LARA) in order to renew your Michigan annual report. The steps you must take are as follows:
Log into your account by going to the LARA website.
2. Locate and select the “File Annual Statement” option.
3. Provide the necessary details, including your company’s name, tax ID number, and contact info.
4. Check the data you provided and make any required adjustments.
5. Make use of a credit or debit card to pay the filing fee.
6. Hand in your yearly statement.
7. A confirmation email will be sent to you after your annual statement has been finalized.
It is crucial to keep in mind that the 15th of February is the deadline for submitting your annual statement in Michigan. By missing this deadline, you risk penalties and the dissolution of your company.