Michigan Money Transmitter license renewal
Renewing your Michigan Money Transmitter License
Michigan Money Transmitter licensing renewals: Michigan requires Money Transmitter companies to renew their license. Companies must also comply with federal, state and local laws. Other licenses or permits may also be required to be renewed depending on the location and nature of each particular business.
Renewing your Certificate of Authority
With certain limited exceptions, a Michigan Certificate of Authority is required to be renewed annually if a company does business in Michigan regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Michigan requires companies not incorporated in Michigan to obtain before “transacting business” within the state borders of Michigan .
License Fees
The filing fee for renewing a license as a Money Transmitter in Michigan is: Call for a free quote.
The filing fee for renewing a Michigan Certificate of Authority is $150.
Do you want to check on other states’ requirements for obtaining a New Money Transmitter license? Click here.
Michigan Money Transmitter license renewal
Call Now to discuss the best filing options for renewing your Michigan Money Transmitter licenses!
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Want to verify if an existing company is licensed in Michigan as a Money Transmitter company? Click here.