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C-REL BCS/LBL-220a (5/09) Michigan Department of Energy, Labor & Economic Growth Bureau of Commercial Services — Licensing Division BUILDERS UNIT P.O. Box 30245, Lansing, MI 48909 517-373-8376 www.michigan.gov/builders FEE

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What is corporation limited liability company?

A corporation limited liability company is a type of legal structure that combines the limited liability protection of a corporation with the tax benefits and flexibility of a limited liability company (LLC). It provides owners with personal liability protection, meaning their personal assets are separate from the company's liabilities.

Who is required to file corporation limited liability company?

Any individual or group of individuals who want to establish a corporation limited liability company must file the necessary documents with the relevant government authorities. The specific requirements may vary depending on the jurisdiction where the company will be incorporated.

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The process of filling out the necessary paperwork to establish a corporation limited liability company typically involves several steps. These steps may include choosing a name for the company, drafting and filing articles of incorporation or organization, specifying the company's purpose and structure, and obtaining any required licenses or permits.

What is the purpose of corporation limited liability company?

The purpose of a corporation limited liability company is to provide owners with the combined advantages of limited liability protection and the flexible tax treatment of a limited liability company. This structure allows individuals to separate their personal assets from the company's liabilities while also benefiting from pass-through taxation.

What information must be reported on corporation limited liability company?

The specific information that must be reported on a corporation limited liability company may vary depending on the jurisdiction and applicable laws. However, common required information includes the company's name, address, registered agent's details, purpose of the company, names and addresses of owners or shareholders, and the type of business activities the company will engage in.

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