Quick Answer: How Do I Know If My LLC Is Still Active?

Can two businesses have the same name?

The name of a company is not necessarily a trademark, so you are conflating two different concepts: A company name is the legal identity of the company, like your name is for you.

In general, within the same jurisdiction, you cannot have two company names that are the same..

What is the cheapest state to form an LLC?

When you form a corporation or LLC, you need to pay a one-time filing fee to the state’s secretary of state office. Arkansas, Colorado, Hawaii, Iowa, Oklahoma and Mississippi all boast the lowest corporation formation fee at $50.

Do LLC need to be renewed?

Do I need to renew my LLC every year? The renewal fee for a limited liability company, or LLC, has to be paid every one or two years, with the frequency varying by state. The LLC business entity is created at the state level. … Like corporations, LLC owners don’t have personal liability for business debts.

What happens if my LLC expired?

Articles can state a date upon which an LLC expires. If no expiration date is stated, the LLC continues perpetually. Members can also list events in an operating agreement that shall cause an LLC to terminate, such as bankruptcy or a member’s death.

How much does it cost to reinstate an LLC?

A domestic corporation or limited liability company (“LLC”) that is administratively dissolved may apply for reinstatement within 5 years of the date of the administrative dissolution by filing an application for reinstatement along with a $250 filing fee.

How do I check to see if my LLC is still active?

To check an LLC’s status, you can request a copy of its Certificate of Standing. A company that is in good standing will have a current Certificate of Good Standing. You can do this for every state.

How do I know if my LLC is in good standing?

Check your good standing status by searching for your business on the Secretary of State website—you will know you are in good standing if your status is “Current-Active.” There will also be a link provided to file your annual report there, if needed.

How do I check if an LLC exists?

How Do I Know if My LLC Name Already Exists?Check your home state’s records. Start your search by going to the website for the Secretary of State in the state where you will operate your business. … Check the records of other states. … Search trademark registrations. … Search Google and social media.

How do I renew my LLC in Michigan?

The Certificate of Restoration form for domestic limited liability companies is CSCL/CD-770 and the form for foreign limited liability companies is CSCL/CD-771. The fee for the Certificate of Restoration of Good Standing is $50.00. The fee for each annual statement is $25.00.

Where can I find my LLC number?

Ask the IRS to search for your EIN by calling the Business & Specialty Tax Line at 800-829-4933. The hours of operation are 7:00 a.m. – 7:00 p.m. local time, Monday through Friday.

How do I get a copy of my LLC paperwork?

If you’re not sure who is serving as the LLC’s registered business agent, the information is available through the Secretary of State’s office in the state where your business is registered. The same office may also have a copy of your LLC operating agreement, although filing such agreements is generally not required.

How long is an LLC valid?

2 yearsWhat’s the LLC Annual Fee? ​The LLC annual fee is an ongoing fee paid to the state to keep your LLC in compliance and in good standing. It’s usually paid every 1 or 2 years, depending on the state. This fee is required, regardless of your LLC’s income or activity.

How do I write a good standing letter?

Starting to WriteKeep the letter brief, addressing only the information required.Verifying good standing can be as simple as asserting that the entity in question is in good standing. … If the letter relates to character, briefly outlining the person’s positive qualities can help.More items…

How do I find out if a business is legitimate?

Look for specific things on the company’s website that may give away whether or not they are truly legitimate.Check spelling and grammar. … Check for a business address and landline number. … Check for a Privacy Policy. … Check for a company number. … Check the WHOIS database.

How do I get my LLC in good standing?

To obtain and maintain your Certificate of Good Standing, your business must meet several important requirements:You must be up to date on any biennial or annual fees to the secretary of state, fees to register your LLC.You must file any annual reports required by your state.More items…

What does it mean when an LLC is not in good standing?

“Not in Good Standing” means the business entity is not in compliance with one or more Maryland laws that apply to businesses and their responsibilities in this State. … If a business was voluntarily terminated, it cannot return to good standing because a voluntary termination is permanent.

What is the meaning of letter of good standing?

A Letter of Good Standing refers to a certificate issued by a state’s Secretary of State office (or comparable agency). It verifies that a registered business (e.g., an LLC or corporation) has complied with all of the state’s rules for conducting business in that state.

What is a letter of enrollment?

A letter of enrollment is an official letter that confirms your enrollment at the university. The letter is issued by the university itself on its official letterhead and the student’s name is mentioned on it. Once you are done with the application process, you wait for the university’s response to your application.

What is a bank letter of good standing?

Document issued by the bank upon customer’s request, used to express the bank’s intent/availability to support and develop your internal and international business relationships, under certain conditions.

How do I pay my annual LLC fees in Michigan?

Professional Limited Liability Company Annual Statement and Annual Report – $75.00. Late filing penalty fee of $50.00 if the report is not filed or the fee is not paid by February 15. Enclose check or money order payable to the “State of Michigan” when submitting by mail, or pay with credit card when filing online.

How do I get a certificate of good standing in Michigan?

I need to get a Certificate of Good Standing for a company. Requests for corporations are handled by the Michigan Department of Licensing & Regulatory Affairs, Corporation Division. They can be reached at (517) 241-6470 or access their form online.