Michigan Profit Corporations - Pursuant to section 922 (1) of the Business Corporation Act, if a corporation refuses to file any annual report or pay any filing fee or a penalty fee added to the fee required by law for a period of 2 years from the date on which the annual report or filing fee was due, the corporation shall be automatically dissolved July 15, which is 60 days after the expiration date of May 15, of the 2-year period.
Foreign Profit Corporations - Pursuant to section 922 (2) of the Business Corporation Act, If a foreign corporation neglects or refuses for 1 year to file the annual report or pay the annual filing fee for a penalty fee added to the fee required by law, its certificate of authority is subject to revocation on July 15, in accordance with section 1041, which is 60 days after the expiration date of May 15, of the 1-year period.
Foreign Profit Corporations with total authorized shares less than previous attributable shares attributable to Michigan or 100% of the corporation's total authorized shares are attributable to Michigan may file on line.
“To avoid paying penalty fees, submit your annual report on or before May 15th”
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