I need to change my LLC to a corporation.?

Logan Bero: Go on line and look up the Department of Regulation and Licensing for the state of Michigan. Follow the prompts and you can find anything you need including the paperwork to fill out in order to change your entity and business status. Good Luck with your corporation from one Michigan native to another.

Dawn Saha: Well an LLC is a Limited Liability Corporation and has a lot of advantages over a true corporation unless you are going to a Sub - S Corp. Changing to a real corporation will mean that your income will be distributed through non deductible dividends which will be taxed by you and that your company income will be subject to income taxes before the issuance of those dividends. In a LLC you can just move the income over to you via a K1 and advoid the double taxation.A CPA (I am one) is your best bet because the tax issues are of the most importance here. If you make the decision to change then you may or may not need a lawyer....Show more

Roni Kurz: www.bizfilings.com

Ermelinda Stalnaker: onverting Entities Convert an LLC to a company or a company to an LLC by incorporation centers specialists from BizFilings immediately. whilst the character of your employer alterations, it could modern an threat to alter from one entity style to a various: changing a company right into a limited criminal duty employer (LLC) as an occasion, the owners of a company ought to decide for to develop into an LLC to combine an proprietor that's not a US citizen. changing an LLC right into a company as an occasion, an LLC ought to decide for to look for undertaking capital investment and furnish inventory to potential investors. changing a employer from one employer style to a various demands the employer proprietor to persist with the technique used via the state the place the entity replaced into formed. BizFilings helps you with the aid of the conversion technique via: determining the suitable technique for conversion in! terior the state the place your employer replaced into formed ! paying for and making waiting the suitable state types for conversion submitting your finished conversion types to the suitable state enterprise or businesses Notifying you whilst the conversion technique is finished...Show more

Mack Ukich: So would I be able to change to an S corp then?I am basically trying to avoid unlimited liability.