The Michigan LLC Act is a document that defines whether a person can do business in Michigan. For most businesses, the act is a non-binding agreement. It allows a business to operate in Michigan if the owner gives permission for the business to do business in Michigan and meets certain conditions.
But not for Michigan LLC’s. That’s what makes the Michigan LLC Act so important to business owners. If a person doesn’t meet the minimum requirements for a Michigan LLC, they can’t do any business in Michigan. For example, the Michigan Department of Motor Vehicles can’t issue a Michigan LLC ID and can’t even issue a Michigan LLC tax identification number.
As the article says, in Michigan only two kinds of LLCs are allowed: 1) the Michigan LLC, which allows for a group of people to do business in Michigan without having to set up as a separate legal entity. 2) the Michigan LLC, which can only be set up once, and only with the permission of the owner.
For now, the only way to get a Michigan LLC ID and a Michigan LLC tax identification number is to use a Michigan LLC that is set up with a Wisconsin LLC. For a Wisconsin LLC, the owner becomes an owner of the Wisconsin LLC, which in turn owns the Michigan LLC. In order to become an owner of a Michigan LLC, the owner must be a resident of Michigan, have a Michigan LLC ID, and have a Michigan LLC tax identification number.
The idea that Michigan LLCs are owned by the owners of Michigan LLCs in another state is a bit of a stretch. And given how easy it is to set up a Michigan LLC in Wisconsin, I’m not sure how even the most naive of Wisconsin residents would know this, let alone be able to set up a Michigan LLC in their state.
Yes, it is true that each state controls an LLC tax identification number, though. So we can use this to look up the owners of another state’s LLC in the state of Michigan. And just as we can look up the owners of a Wisconsin LLC in our Wisconsin LLC, we can do the same with a Michigan LLC.
In my previous post, I mentioned that I would like to see the state of Wisconsin being more transparent in its tax identification numbers. I’ve decided to change my mind and look at more transparency. Because I don’t want to use my Wisconsin LLC in my Michigan LLC.
With this new feature, you can now search for a Michigan or Wisconsin LLC in your list of business entities you have. A business name is essentially an address, and thus we can search for a business in your list in order to use it as an address for the LLC. This means that you can now easily do the reverse, search for a company in your state and then look up the state tax ID number for that company.
This is the other big feature of this new feature: it’s easier than ever to do business in another state. You can now search for a business in your state and get an auto-complete listing of the state-approved business license. If the state you’re looking up is California, there’s a “California business license” that will be displayed.
If you’re planning to start a business, or if you want to keep track of your business’s tax ID, you should check with your state to see what the requirements are.
