Launch Your Business in

Michigan
Launching Your Business in Michigan
Michigan has a plethora of highly skilled workers. To encourage firms to establish or develop in Michigan, Michigan frequently gives tax abatements and other economic incentives
Launch an LLC
Launch Your LLC in Michigan

From having the largest concentration of engineers in the state to having one of the top ten skilled workforces. Michigan is known for its innovative culture and unique way of life. There are several advantages to starting a business in Michigan. With around 31% of residents holding a bachelor's degree or more, the state's workforce is well-educated. 

Launch-A-Biz offers a wide range of business registration services like Business creation, filings, and advisory services, Business rescue, turnaround consulting and advisory, Operations, Distribution & Supply Chain. The company's mission is to give customers high-quality service and solutions that are tailored to their specific business registration needs.

How to Launch a Business in Michigan

The Michigan Department of Licensing and Regulatory Affairs mandates the submission of Articles of Organization to form a Michigan LLC. The cost of filing is $50. The state of Michigan does not require an LLC operating agreement. Check with the city or town clerk where the LLC's primary place of business is situated for local licensing.

You must register with the Michigan Department of Treasury if you have workers or you intend to sell goods. The Department of Licensing and Regulatory Affairs requires all LLCs conducting business in Michigan to submit an annual statement. The cost of filing is $25.

Business Taxes in Michigan

There is a corporate income tax (CIT) in Michigan, but no franchise or privilege tax. Corporation income is taxed at a fixed rate of 6% in Michigan. Personal income in Michigan is taxed at a flat rate of 4.25%.

Launch a Corporation
Michigan Corporation

By submitting Articles of Incorporation with the Michigan Department of Licensing and Regulatory Affairs, your corporation is legally created. The filing fee is calculated by multiplying the number of authorized shares by $10. For the first 60,000 shares, there is a $50 fee; for up to 1 million shares, there is a $100 fee.

The Department of Licensing and Regulatory Affairs requires all enterprises doing business in Michigan to file an annual report which has a filing fee of $25.

Corporation Taxes in Michigan

There is a corporate income tax (CIT) in Michigan, but no franchise or privilege tax. Corporation income is taxed at a fixed rate of 6% in Michigan. Personal income in Michigan is taxed at a flat rate of 4.25%. 

Launch-A-Biz devotes all of its efforts to making things easier for our consumers. We are committed to our client's satisfaction. It doesn't have to be a difficult road for you as an entrepreneur. We're here to assist you in determining the best course of action for you.

Let's Launch Your Business

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