Michigan Limited Liability Company Frequently Asked Questions

FAQ: Frequently Asked Questions For Michigan

Michigan Limited Liability Company

LLC Name Endings
LLC Requirements
Taxes and Fees
License Requirements

LLC Name Endings

The name of an LLC must end with "Limited Liability Company," "LLC,"
or "L.L.C."

LLC Requirements

Member/Manager Information

Minimum Number - one or more
Residence Requirements - no provision
Age Requirements - no provision
Members/managers are required to be listed in the articles of
organization

Taxes and Fees

Initial & Annual Statements

Corporation annual reports are due by May 15th each year and for
LLCs the annual report is due by February 15th. The cost is $25 for
each.

Taxes

For more information on taxes, visit http://www.michigan.gov/treasury

License Requirements

Michigan requires most businesses to obtain a license and pay a fee if
operating in the state. Please check with the state to make sure your
business is complying with the license requirements for your particular
profession.

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