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The corporation is formed upon a basis. Stock or Nonstock 2. If formed on a stock basis the total number of shares the corporation has authority to issue is. If the shares are or are to be divided into classes the designation of each class the number of shares in each class and the relative rights preferences and limitations of the shares of each class to the extent that the designations numbers relative rights preferences and limitations have been determined are as follows ARTICLE III cont. 3. ...

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How do I change my LLC to an S Corp in Michigan?

You can start an S corporation (S corp) in Michigan by forming a limited liability company (LLC) or a corporation, and then electing S corp status from the IRS when you apply for your EIN. An S corp is an IRS tax classification, not a business structure. The S corp status is used to reduce a business's tax burden.

Do LLC pay taxes in Michigan?

Michigan taxes LLC profits the same way as the IRS: the LLC's owners pay taxes to the state on their personal tax returns. The LLC itself does not pay a state tax, but Michigan does require LLCs to file an annual report, due February 15 each year, with a filing fee of $25.

How much does it cost to get a LLC in Michigan?

The cost to start an LLC (limited liability company) online in Michigan is $50. This fee is paid to the Michigan Department of Licensing and Regulatory Affairs when filing the LLC's Articles of Organization.

Where do I file my Articles of Organization in Michigan?

Filing your Articles of Organization by Mail Download the Michigan LLC Articles of Organization (Form CD-700) Prepare a check or money order for $50. ... Send your payment and the completed Articles of Organization to: Michigan Corporations Division, PO Box 30054, Lansing, MI 48909-7554.

How do I change my LLC in Michigan?

Changes in Business Structure - Domestic LLCS Changes are made to the Articles of Organization by filing a Certificate of Amendment (form CSCL/CD-715) with the Bureau. Reasons for amending the Articles of Organization include changes in the name, purpose, or management structure.

michigan 502

cscl/cd-520 cscl/cd-500 cscl/cd-272 form cscl/cd-715 form cscl/cd 701 www.michigan.gov/corporations forms articles of organization michigan

How do I check the status of my LLC in Michigan?

Contact the Department of Licensing and Regulatory Affairs, Corporations, Securities, and Commercial Licensing Bureau at 517-241-6470 for filing information or visit our website at www.michigan.gov/corporations.

Can I file Articles of Organization online in Michigan?

Next up is to file your LLC's articles of organization (Form CSCL/CD-700) with LARA. You can either submit the articles by mail or file them online. The filing fee is $50. The articles of organization officially authorize your LLC to operate in the state of Michigan.

How long does Michigan LLC review take?

You can get an LLC in Michigan in 2 weeks if you file online (or 4 weeks if you file by mail). If you need your Michigan LLC faster, you can pay for expedited processing.

How do I set up an LLC in Michigan?

Here are the steps to start an LLC in Michigan: Choose a name for your Michigan LLC. Appoint a registered agent. File Articles of Organization. Prepare an Operating Agreement. Get an EIN & comply with other tax & regulatory requirements. File annual statements.

How do I check my LLC status?

To confirm a company's LLC status, call the secretary of state's office or visit the website. In states like Arizona, out-of-state companies must register with the state before they can do business there. If your state doesn't have a mandatory registration, contact the company's home state for more information.