Michigan Department of Licensing and Regulatory Affairs (LARA) - Bureau of Corporations, Securities & Commercial Licensing - Licensing Division

Online

Depends on when you apply: $3,171 from May 1st to November 30th, $2,753 from December 1st to February 28th, and $2,335 from March 1st to April 30th.

• Other names under which the PEO conducts business
• The address of each office maintained in Michigan
• A list by jurisdiction of each name under which the PEO has operated in the preceding 5 years, including any alternative names, names of predecessors, and, if known, successor business entities
• A statement of management that includes the name and evidence of the business experience of any individual who serves as president or chief executive officer or otherwise has the authority to act as senior executive officer of the PEO
• A financial statement describing the financial condition of the PEO prepared in accordance with generally accepted accounting principles and audited by an independent certified public accountant
• A financial audit of the applicant. At the time of application for an initial license, the applicant shall submit its most recent audit, which may not be older than 13 months
• Evidence of one of the following:
  • A minimum of $100,000.00 in working capital, as defined by generally accepted accounting principles; or
  • If the PEO or PEO Group cannot document the required financial statement and audit information, a minimum $100,000 in working capital, a bond, irrevocable letter of credit, or securities with a value of $100,000 plus any deficit in capital is required

Online

$3,171

Annually by August 31.

• Submit changes to any of the information provided on the previous application
• The most recent financial audit of the applicant

http://www.michigan.gov/lara/0,4601,7-154-72600_72602_72731_72870---,00.html

$350

http://www.michigan.gov/lara/0,4601,7-154-72600_72602_72731_72870---,00.html

$350

Annually by December 31.