How to Create a Series LLC in Michigan

What Is a Series LLC?

A Series LLC is a unique form of a limited liability company that allows for the creation of multiple, distinct series or cells within a single LLC. Each series operates independently, with its own assets, liabilities, and members. This structure allows for the segregation of assets and liabilities among different series, providing a flexible and cost-effective way to manage multiple business ventures under one umbrella entity.

Does Michigan Allow Series LLCs?

As of the current date, Michigan does not authorize the formation of Series LLCs under its state laws. The Michigan Limited Liability Company Act does not include provisions for Series LLCs, which means that businesses seeking to form a Series LLC must consider other jurisdictions that permit such structures.

Michigan Series LLC Filing Fees and Costs

Since Series LLCs are not permitted in Michigan, there are no specific filing fees or costs associated with their formation in the state.

Michigan Franchise Tax and Series LLCs

Michigan does not impose a franchise tax on LLCs, including Series LLCs, as they are not recognized under state law.

Additional Resources

• Michigan Secretary of State
• Michigan Department of Licensing and Regulatory Affairs - Corporations Division
• Michigan Compiled Laws
• Michigan Department of Treasury
• Contact: Michigan Department of Licensing and Regulatory Affairs, Phone: 517-241-6470, Email: corpinfo@michigan.gov

This article provides general information about Michigan LLC formation requirements under the Michigan Limited Liability Company Act. It is not intended as legal advice. Persons forming an LLC should consult with a private attorney regarding their specific circumstances.