Starting
michigan llc is a great way to protect your personal assets while enjoying the tax benefits of a partnership. An LLC is a type of business structure that combines the liability protection of a corporation with the tax benefits of a partnership. In Michigan, a single-member LLC can be formed under state laws as long as the owner follows all requirements for the formation of a business. This type of limited liability company has one member who is shielded from personal liability for business debts and obligations. The first step in forming a Michigan Limited Liability Company (LLC) is selecting the business name. Michigan LLC names must contain the words “Limited Company” or “Limited Liability Company” or the abbreviation “L.C.” or “L.L.C.”