ComplianceMI

Michigan LLC Annual Statement: $25 Fee, Feb 15 Deadline, $50 Late

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DR
CPA · Small Business Compliance Specialist

Quick Answer

Michigan LLCs must file an annual statement with LARA by February 15 each year and pay a $25 fee. File after the deadline and Michigan adds a $50 late penalty (so $75 total). Miss two consecutive years and the LLC loses good standing and is administratively dissolved. The February 15 deadline is earlier than most states, so set reminders in January.

Key Takeaways

  • Annual statement due February 15 ($25 fee)
  • $50 late penalty if filed after February 15 ($75 total)
  • Loss of good standing and dissolution after 2 missed years
  • Must maintain a Michigan resident agent
  • File online via Michigan's MiBusiness Registry portal
  • February 15 is earlier than most state deadlines
ItemCost/DetailsNotes
Annual Statement (on time)$25Due February 15
Late Penalty$50If filed after February 15
Certificate of Good Standing$10Optional, on request
Restoration of Good Standing$50Plus $25 per missed annual statement

Annual Requirements

Michigan LLCs have straightforward annual compliance requirements. The primary obligation is filing an annual statement with LARA. For the full picture of fees, taxes, and registered agent rules, see our Michigan LLC compliance hub.

Annual Statement Requirements

  • Filing fee: $25
  • Due date: February 15 each year
  • Filing method: Online through Michigan's MiBusiness Registry portal
  • Late penalty: $50 if filed after February 15 ($75 total)

Information Required

  • LLC name and file number
  • Resident agent name and address
  • Principal office address
  • Confirmation of business activity

The February 15 Deadline

Early Deadline Alert

Michigan's February 15 deadline is earlier than most states. Many states use April 1, May 1, or the LLC's anniversary date. Set reminders in early January to ensure you don't miss this deadline and trigger the $50 late penalty.

First-year exception: If your LLC was formed after September 30, you are not required to file an annual statement on the February 15 immediately following formation. Your first filing is due the next February 15.

Reminder Schedule

  • January 1: Reminder to prepare filing
  • January 15: Reminder to file soon
  • February 1: Final reminder
  • February 15: Deadline

Consequences of Non-Filing

$50 Late Penalty

File after February 15 and Michigan adds a $50 late penalty on top of the $25 annual statement fee, bringing the total to $75. The penalty applies as soon as the statement is received after the deadline.

Dissolution Risk

Loss of Good Standing and Dissolution

If you fail to file the annual statement for two consecutive years, your LLC loses good standing and is administratively dissolved by the state. This means:

  • LLC loses legal status
  • Cannot conduct business legally
  • May lose liability protection
  • A Certificate of Restoration of Good Standing ($50) plus all back annual statements is required to resume operations

Maintaining Good Standing

To keep your Michigan LLC in good standing:

  • File annual statement by February 15 each year
  • Maintain a valid resident agent at all times
  • Keep registered address current
  • Pay all state taxes as required

Certificate of Good Standing: If you need proof of compliance (for banking, contracts, etc.), you can request a Certificate of Good Standing from LARA for $10.

Compliance Best Practices

1. File Online

Use LARA's online system for faster processing and immediate confirmation.

2. Set Multiple Reminders

Create calendar reminders starting in January to ensure you don't miss the early February deadline.

3. Use Professional Services

Consider a registered agent service that provides compliance alerts. They'll remind you of the February 15 deadline. See whether you can act as your own registered agent in Michigan first.

4. Keep Records

Save confirmation of your annual statement filing each year for your records.

For related Michigan obligations, see our guides on Michigan LLC taxes and fees and Michigan registered agent requirements.

Bottom Line: Michigan keeps the annual statement cheap at $25, but filing after February 15 adds a $50 late penalty ($75 total), and two missed years cost you good standing entirely. The main challenge is the early deadline. Set reminders and file in January each year.

Frequently Asked Questions

What happens if I miss the February 15 deadline?

Michigan adds a $50 late penalty to the $25 annual statement fee, so a late filing costs $75. If you miss two consecutive annual statements, the LLC loses good standing and is administratively dissolved by the state.

Why is Michigan's deadline so early (February 15)?

Michigan uses February 15 as a uniform annual statement deadline for LLCs. This is earlier than most states, which typically use April 1, May 1, or the anniversary of formation. Set reminders in January to ensure compliance.

Is there a first-year exception to the February 15 deadline?

Yes. If your LLC was formed after September 30, you are not required to file an annual statement on the February 15 immediately following formation. Your first annual statement is due the following February 15.

What information is required on the annual statement?

The annual statement confirms your LLC's resident agent information, principal office address, and basic business information. It's a simple filing that takes just a few minutes online.

Can I file the annual statement online?

Yes, you can file online through LARA (Michigan Licensing and Regulatory Affairs). Online filing is faster and provides immediate confirmation.

How do I reinstate a dissolved Michigan LLC?

File a Certificate of Restoration of Good Standing with LARA ($50), along with every missed annual statement at $25 each. You can file the restoration online through Michigan's MiBusiness Registry. Once restored, the LLC is treated as if it never lost good standing.

Official Source

For the most up-to-date information, always verify requirements with the official Michigan Secretary of State website:

https://www.michigan.gov/lara

Important Disclaimer

This article is for informational purposes only and does not constitute legal advice. LLC requirements, fees, and deadlines change frequently. Always verify current requirements with your state's Secretary of State office before making business decisions.

Related Michigan LLC Articles

Complete Michigan LLC Compliance Guide

View all Michigan LLC requirements, fees, and deadlines in one place.

View MI State Guide

Or compare Michigan to every state on the annual report deadlines hub.