You might be unsure whether a sellers permit is necessary if you intend to sell products or services in Michigan. In most instances, the answer is yes. Businesses that sell tangible personal property or taxable services in Michigan must get a sellers permit, commonly known as a sales tax permit or sales and use tax license.
You can submit a paper application by mail or submit an online application through the website of the Michigan Department of Treasury to get a sales permit there. The permit has a two-year validity period and costs $16 to apply. Additionally, you will have to open a Michigan company tax account and consistently submit sales tax returns.
You might also need to register your company in Michigan as an LLC or corporation in addition to getting a sales permit. Depending on how soon you can compile and submit the required documents, the procedure to establish an LLC in Michigan normally takes 5 to 10 business days. You can speed up the process and guarantee everything is done right by using a firm like ZenBusiness to help. Speaking of ZenBusiness, it is a well-liked solution for business owners wishing to launch a venture. They provide reasonable bundles for registered agent services, LLC formation, and other business-related services. There are conflicting opinions, though, as with any service. While some customers have had positive experiences, others have complained about poor customer service or unforeseen costs.
There are benefits and drawbacks to take into account while choosing between an LLC and a S Corp in Michigan. S Corps provide better protection for owners against personal liability and perhaps cheaper self-employment taxes, whereas LLCs offer flexible management and tax alternatives. A lawyer or accountant should be consulted to help you choose the best course of action for your particular business needs.
Last but not least, you can search for a DBA in Michigan on the website of the Michigan Department of Licensing and Regulatory Affairs. An alternate name that a company may employ in place of its legal name is referred to as a “doing business as” name. To stay out of trouble with the law and safeguard your brand, it’s critical to register your DBA.
In conclusion, you probably need a sellers permit and a Michigan business tax account if you intend to sell products or services in Michigan. If you need help forming an LLC, think about using a service like ZenBusiness. Research your options to see if an LLC or S Corp is better for your company. Additionally, remember to register your DBA to safeguard your brand.
You can speak with the county Register of Deeds office in the Michigan county where the property is located to obtain a copy of the deed to your home. The legal description or address of the property must be provided, together with payment for the copy’s cost.