The $10 DBA filing cost in Michigan can be paid in cash, cheque, or credit card. This payment should be made to the County Clerk’s office in the county where your business is located and covers the cost of filing the DBA with the state. You must submit a separate DBA application and pay a $10 filing fee in each county where you intend to conduct business.
You must publish a notice of your DBA for three weeks in a local publication along with the filing fee. Depending on the newspaper you select, this publishing can cost anywhere from $30 and $150. After the publishing is finished, you must submit an affidavit of publication for $10 to the County Clerk’s office.
It’s crucial to understand that a DBA offers your company no legal protection. Instead, you might want to think about creating an LLC (Limited Liability Company) if liability protection is what you’re want. In Michigan, creating an LLC costs $50, in addition to a $25 yearly charge.
Can I submit my DBA application online? Unfortunately, DBAs cannot currently be filed online in Michigan. You must submit your application and payment in person at the County Clerk’s office or by mail.
The answer to this query is based on the requirements and objectives of your company. A DBA is a quick and inexpensive way to do business under a different name, but it offers no legal protection. A preferable choice for companies that run the danger of being sued is an LLC, which provides liability protection for its owners.
A DBA is only a technique to conduct business using a name other than your legal identity. Your company is not legally protected in any way by it. An LLC is a distinct legal entity that affords its owners liability protection and perhaps delivers tax advantages. Additionally, compared to a DBA, LLCs require more paperwork and upkeep.
The length of time it takes to obtain a DBA in Michigan varies depending on a number of variables, including the state’s processing time, the completeness and quality of your application, and the volume of work at the filing office. Obtaining a DBA in Michigan can typically take a few days to a few weeks. It is advised to confirm processing hours with the relevant filing office to get more precise information.