A certificate of good standing is a record that attests to a business entity’s right to operate in the state of Michigan, such as an LLC or corporation. Additionally, it attests to the fact that the organization has paid all state taxes and levies on time. This document is frequently needed when a business wishes to borrow money, grow, or enter into agreements with other organizations. You might be curious in how long it will take to get a certificate of good standing if you need one in Michigan and how to check your LLC’s status there.
Make sure your LLC is in good standing with the state of Michigan before applying for a certificate of good standing there. The website of the Michigan Department of Licensing and Regulatory Affairs (LARA) allows you to verify the status of your LLC online. The website will show you your LLC’s current status when you submit your LLC’s name or filing number. You can proceed with obtaining a certificate of good standing if your LLC is in good standing.
A certificate of good standing is a legal document that attests to the fact that your LLC is legitimately allowed to operate in Michigan and that all taxes and fees are up to date. The Michigan Department of Licensing and Regulatory Affairs (LARA) charges a fee for the provision of this material. From the date of issuance, the certificate of good standing is valid for 60 days.
How Can a Letter of Good Standing Be Obtained? You must send a request and the necessary payment to the Michigan Department of Licensing and Regulatory Affairs (LARA) in order to get a certificate of good standing in the state of Michigan. You can submit your request to LARA either in person, by mail, or online. If you submit your request online, it will normally take 5-7 business days to process; if you submit it by mail, it could take up to 14 days.
You must first make sure that your LLC is in good standing with the state of Michigan in order to obtain a letter of good standing there. Once you have verified this, you can ask the Michigan Department of Licensing and Regulatory Affairs (LARA) for a certificate of good standing. If you submit your request online, it will normally take 5-7 business days to process; if you submit it by mail, it could take up to 14 days. Your certificate of good standing will be provided to you and is valid for 60 days after the date of issuance.
In summary, acquiring a certificate of good standing in Michigan is a simple procedure that can be finished in a few days. You can get the paperwork you require to confirm your LLC’s status and carry on business in Michigan by making sure your LLC is in good standing and submitting your request for a certificate of good standing to the Michigan Department of Licensing and Regulatory Affairs (LARA).