Michigan LLC and Michigan Corporation
Filed with the Michigan Department of Consumer and Industry Services
Michigan Corporation Names
The Michigan Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company,” or “Limited.” The name cannot state or imply that the corporation is formed for a purpose other than what is permitted in the articles of incorporation. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Michigan Limited Liability Company (LLC) Names
The Michigan Limited Liability Company (Michigan LLC) must use the term “Limited Liability Company”, “LLC” or “L.L.C.” The word “Limited” may be abbreviated as “Ltd.” And the word “Company” as “Co.” The name cannot state or imply that the LLC is formed for a purpose other than what is permitted in the articles of organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
A corporation must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. Michigan prohibits the use of a P.O. Box as your registered agent’s address.
- Minimum Number – One or more.
- State Residence Requirements – None.
- Age Requirements – Directors must be a natural person at least 19 years of age.
- Directors are not required to be listed in the articles of incorporation.
Officers are not required to be listed in the articles of incorporation.
The articles of incorporation must state:
. The aggregate number of shares that the corporation is authorized to issue.
. The designation of classes and series of shares, as well as their relative rights, if any.
. A statement of board authority to divide classes into series, if any.
Corporations must keep the stock transfer ledger containing the names and addresses of all shareholders at the registered office.
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