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Michigan Business Registration - Dissolution (effective January 1, 2007)

State:
Michigan
Control #:
MI-MCB-27
Format:
PDF
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Description

Business Registration - Dissolution (effective January 1, 2007) Michigan Business Registration — Dissolution (effective January 1, 2007) is a process for legally ending a business entity’s existence in the state of Michigan. This process is required when a business entity is no longer operating, and it must be completed before the business can be dissolved. The dissolution process involves filing the appropriate forms and documents with the Michigan Department of Licensing and Regulatory Affairs (LARA). Depending on the type of business entity, different forms may be required. The two types of Michigan Business Registration — Dissolution (effective January 1, 2007) are as follows: 1. Administrative Dissolution: This type of dissolution is for corporations and limited liability companies that have failed to file the required annual report and/or pay the annual registration fee. 2. Voluntary Dissolution: This type of dissolution is initiated by the owners of the business entity. The owners must file the articles of dissolution with LARA and the other required documents. In both cases, the business entity must provide the necessary documentation to LARA, including a statement of intent, articles of dissolution, and any other documents required by the state. Once the dissolution is approved, the business is no longer legally recognized in the state of Michigan.

Michigan Business Registration — Dissolution (effective January 1, 2007) is a process for legally ending a business entity’s existence in the state of Michigan. This process is required when a business entity is no longer operating, and it must be completed before the business can be dissolved. The dissolution process involves filing the appropriate forms and documents with the Michigan Department of Licensing and Regulatory Affairs (LARA). Depending on the type of business entity, different forms may be required. The two types of Michigan Business Registration — Dissolution (effective January 1, 2007) are as follows: 1. Administrative Dissolution: This type of dissolution is for corporations and limited liability companies that have failed to file the required annual report and/or pay the annual registration fee. 2. Voluntary Dissolution: This type of dissolution is initiated by the owners of the business entity. The owners must file the articles of dissolution with LARA and the other required documents. In both cases, the business entity must provide the necessary documentation to LARA, including a statement of intent, articles of dissolution, and any other documents required by the state. Once the dissolution is approved, the business is no longer legally recognized in the state of Michigan.

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Michigan Business Registration - Dissolution (effective January 1, 2007)