To incorporate in Michigan, you need to be aware of the associated fees and requirements. The cost to incorporate in Michigan includes state fees and other expenses like obtaining an Employer Identification Number (EIN). When you form a corporation in Michigan with MaxFilings, there is no need to pay high hourly charges for an attorney. Most of the cost consists of Michigan state fees.
Filing and State Fees
To form a corporation in Michigan, file Articles of Incorporation with the Michigan Department of Licensing and Regulatory Affairs. You’ll also need to create corporate bylaws and choose your initial director(s). Or use a professional service to handle the paperwork.
The Michigan Department of Licensing and Regulatory Affairs charges $50 for regular service to form an LLC. To reserve your LLC name prior to filing Articles of Organization costs $25.
To register your out-of-state business in Michigan, file foreign qualification with the Secretary of State. You can act as your own Registered Agent.
The total cost to incorporate in Michigan depends on the type of entity. Fees range from $45 to $85 to start a business. Order incorporation online for step-by-step guidance through the process. Affordable services start at $99.
Registering a trade name costs $25. Details like annual costs for a corporation or LLC should be considered too, as these include business or state taxes. Michigan is one of the top states for forming a new business due to its favorable business climate.
Additional Costs and Considerations
It costs $50 to register any business in Michigan by submitting Articles of Organization. An LLC costs $25 per year for the annual report filing. The cost to incorporate a business in Michigan is $10 plus authorized shares fees. Sole proprietorships and partnerships generally cost about $60 to form. Businesses with 1+ employees must have workers’ compensation insurance by law.
A DBA or "doing business as" trade name allows a business to operate under a different name than its registered name.
You may need business licenses too. Not every business needs a license, but those selling products/services may need a seller’s permit. Professionals like doctors require licensing.
What does forming an LLC in Michigan cost? Filing Articles of Organization costs $50. Expedited filing has additional fees. Registered agents need a Michigan address available during business hours year-round. Professional services can act as your registered agent for $125/year.
The LLC name can’t contain confusing words about its business type and must be different from other Michigan businesses. Check with the USPTO to ensure the name isn’t trademarked. Verify domain name availability and conduct a Google search to ensure it’s not used nationally or internationally.
Additional licenses or permits may be needed from federal, state, or local authorities before legally operating in Michigan. For example, restaurants need Food Service Licenses, retailers need Sales Tax Licenses, and car dealers need Dealer Registration Certificates.
Step-by-Step Registration Guide
Here is a step-by-step guide on registering your business in Michigan using seven easy steps. Whether launching a new venture or registering an existing business, this guide will make the process more manageable.
Consider the $50 LLC filing fee in Michigan as you start your business and lower expenses. License renewal fees vary. Check with local authorities to see what permits apply to you. Acquisition costs depend on the licensed activities.
Depending on your Michigan business, you may need to pay fees and fulfill filing requirements. Form an LLC today for $0 + state fee with Bizee handling the paperwork for free.