Michigan’s Licensing and Regulatory Affairs Corp.’s (LARA) Securities and Commercial Licensing bureau (CSCL) in Lansing will debut the Corporations Online Filing System (COFS) on Oct. 30. The COFS will facilitate business growth in Michigan and create more convenient business transactions with the state.
“We’re excited to launch this state-of-the-art software program that drastically improves our business filing system and adds many new online capabilities to better serve Michigan’s business community,” says Julia Dale, CSCL director.
“Online filing means easier filing, faster service, and expedited fee payment processing that eliminates all the paperwork, mailing, and waiting — freeing up our customers’ valuable time to more profitably spend toward actually starting and running their businesses.”
COFS enables business to set up secure electronic debit accounts, sign up for electronic notifications of yearly report requirements, submit documents and annual filings, pay filing fees, and order certificates online. Additionally, expanded searches will be available through COFS, which allows a business to search rejected submissions and search the Corporations Divisions card files.
When submitting documents using COFS, businesses will be assigned new exclusive entity identification numbers by the Corporations Division. It will not affect the business taxpayer identification number.
The Corporations Division will no longer accept submissions through MICH-Elf, FILEOnline, and the front office, and all sites will be replaced by the COFS.