One of the initial legal procedures you must take to form a corporation in Michigan is to submit your articles of incorporation to the Michigan Department of Licensing and Regulatory Affairs (LARA). This document describes the fundamental organization, ownership, and goal of your corporation and serves as its legal registration. But how much do articles of incorporation in Michigan cost to file? The filing costs, procedures, and other crucial legal concerns that you should be aware of are all covered in this article. Articles of Incorporation Filing Fees in Michigan
The cost to file articles of incorporation in Michigan is $60 as of 2021. This charge must be paid at the time of filing and is not refundable. However, there is an extra price of $50 for same-day service or $100 for 24-hour service if you require expedited processing. These accelerated services are optional and dependent on supply.
The filing fee only pays for the cost of processing your Articles of Incorporation, it is very important to remember this. Other legal procedures, such as getting a business license, filing taxes, or submitting yearly reports, could also require you to pay extra expenses. Depending on your business’s type and location, these fees could change.
Before you may restart your business operations, you might first need to revive your LLC if you previously registered one in Michigan but neglected to keep it in an active position. You must submit a Certificate of Restoration to LARA and pay a $50 charge in order to do this. This document attests that you have taken care of any unresolved matters relating to your LLC, such as paying taxes, submitting annual reports, or changing your registered agent. Once your LLC has been reinstated, you can carry on with business as usual. In Michigan, assumed name or DBA
You can apply for an assumed name or a “doing business as” (DBA) name in Michigan if you want to use a name for your business that is different from your legal name or your registered name. This lets you maintain your legal company while using a name that is more appealing or descriptive for marketing and branding purposes. You must submit a Certificate of Assumed Name to LARA and pay a $25 filing fee in order to apply for an assumed name in Michigan. This document attests that another company in Michigan is not already using your assumed name. On your invoices, agreements, and other company documents, you can also use a DBA name.
In conclusion, the cost of filing articles of incorporation in Michigan is $60 plus any additional expenditures for expedited service. You must submit a Certificate of Restoration and pay a $50 charge in order to reactivate your LLC. You must submit a Certificate of Assumed Name and pay a $25 fee in order to utilize an assumed name or DBA. Your business will be fully registered and in compliance with Michigan rules and regulations thanks to these legal documents and costs.