In Michigan, updating your LLC is a simple procedure that can be completed online or by mail. You must first log in to your account on the Michigan Department of Licensing and Regulatory Affairs (LARA) website. Once you have logged in, go to the “Business Services” menu and choose “File Annual Reports and Personal Property Tax Returns”. From there, you can modify your company’s data, such as your address, registered agent, and other crucial information.
If updating your LLC information by mail is more convenient for you, you can download the necessary form from the LARA website and send it to the address provided on the form. A filing fee for the update may also be required.
You can use the LARA website to look for the status of your LLC in Michigan by searching for it by name or filing number. Your company’s current status, including whether it is in good standing or not, will be displayed in the search results. You might not have submitted your yearly report or paid your taxes if your LLC is not in good standing.
LLCs in Michigan must submit an annual report and pay a fee to renew their registration each year. Each year’s annual report is due on February 15th, and it costs $25. Your LLC can be renewed online or by mail. The state will dissolve your LLC if you don’t renew it.
You must submit Articles of Dissolution to the state of Michigan if you intend to dissolve your LLC there. This can be done by mail or online. Your LLC will be deemed to be dissolved once your Articles of Dissolution are submitted, at which point you must wind down operations and settle any remaining debts.
A Michigan LLC that is not in good standing has not complied with the state’s regulations for preserving an active company status. This can be the result of neglecting to submit an annual report, pay taxes, or keep a registered agent current. Your LLC cannot legally conduct business in Michigan if it is not in good standing until it is brought into compliance.
In conclusion, running an active and legal business depends on keeping your LLC information updated with the state of Michigan. The Michigan Department of Licensing and Regulatory Affairs website is a useful tool if you need to modify your LLC, check its status, renew it, or dissolve it. Keep in mind that breaking the law might cause your LLC to be dissolved or to be seen as not in good standing, which could have major ramifications for your company.