Overview of Registering a Business in Michigan
To register a business name in Michigan, you’ll need to register your business with the state. File for a "doing business as" name with your state’s business division.
While sole proprietorships and partnerships may not need to register, corporations and LLCs typically do.
Standard business registration costs $50, rush filing costs $100. Get required licenses and permits. File for a general business license. Additional permits may be needed.
LLC Formation in Michigan
You can file an LLC in Michigan yourself by visiting the Michigan Secretary of State’s website. The process involves filling out paperwork and paying fees. Appoint a registered agent for your business.
The filing fee to create an LLC in Michigan is $50. Should you wish to expedite, there are additional fees up to $1,000 depending on speed needed. Annual reports cost $25 or $75. Reserving Your Business Name.
Steps to Register Your Business as an LLC in Michigan
To register your business as an LLC in Michigan, first reserve your unique business name and file formation documents – Articles of Organization and Certificate of Assumed Name (if applicable) – with the Secretary of State. The standard filing fee is $50, with expedited processing available for additional fees up to $1,000.
Once your LLC is registered, establish company governance with an operating agreement outlining internal operations and decision-making. Appoint a registered agent to receive official correspondence on your LLC’s behalf. Stay compliant by filing annual reports, which cost $25-75 depending on LLC type.
Obtain required business licenses and permits. You may need general business licensing plus permits specific to your industry. Open a business bank account and get insurance. Promote your business online and via public relations.
As a Michigan LLC, you can choose partnership or corporate tax status federally. State business taxes are 6% of taxable income. Overall, forming an LLC grants liability protection without complex corporate requirements – an ideal setup for many startups and small businesses. With the proper paperwork and planning, launching an LLC in Michigan can efficiently shield your personal assets while empowering your venture’s growth.