How To Register A Foreign Llc In Michigan
After researching how to do business other states i started to get the impression that i needed to register my llc as a foreign corporation in any jurisdiction.
How to register a foreign llc in michigan. A foreign corporation whether profit or nonprofit is required to obtain a certificate of authority if it is transacting business or conducting affairs in this state. Foreign llc registration or foreign llc qualification is the term used when an llc formed in one state is registering to do business in a new state. Foreign limited liability company. You will however have to use a different application form application for certificate of authority to transact business or conduct affairs in michigan. A foreign limited liability company is one that is formed under the laws of another jurisdiction.
If your business is organized as a corporation rather than an llc the rules and requirements for foreign registration in michigan are similar to those for an llc. Foreign limited liability companies that are transacting business in michigan must first obtain a certificate of authority from this agency. Starting an llc in michigan is easy. A michigan foreign llc merely creates an ownership structure that limits the owners personal liability. Follow the step by step guide below to form a michigan llc today and get.
Foreign qualification is used to register a foreign company so that it may transact business in the state of michigan. Definition synonyms and fees. The term transacting business is a technical term. Note that forming a michigan foreign llc doesn t take the place of obtaining a local business license tax registration certificate or other required business permits. To register a foreign llc in michigan you must file a michigan application for certificate of authority to transact business in michigan with the michigan department of licensing and regulatory affairs bureau of commercial services corporation division you can submit this document by mail or in person.
There are a few requirements when filing an application for registration in michigan. This process is called foreign qualification and it involves filing application for certificate of authority to transact business in michigan. The application for certificate of authority to transact business in michigan costs 50. You see when i started my business i had formed my llc in the state of michigan. To start an llc in michigan you will need to file your articles of organization with the state of michigan which costs 50 you can apply online in person or by mail.
The first time i started looking at buying investment properties outside my home state there was something that got me really confused. Licensing and regulatory affairs a foreign corporation is one that is incorporated under laws other than the laws of this state. Last updated october 12 2020. The articles of organization is the legal document that officially creates your michigan limited liability company. Registering your company as foreign entity in michigan if your company is registered outside of michigan it is required to obtain a certificate of authority before transacting business in the state.