How to Form a Corporation in Michigan: A Step-by-Step Guide

There are a few procedures you must complete if you want to incorporate a business in Michigan. Although the process can be a little complicated, with careful planning and attention to every step, you can establish a profitable business that serves your needs.

To start a corporation in Michigan, you must first decide on a name for your company. Your business name must be original and unclaimed by any other Michigan companies. To find out if the name you want is available, visit the LARA website of the Michigan Department of Licensing and Regulatory Affairs (LARA).

Second step: submit articles of incorporation The Michigan Department of Licensing and Regulatory Affairs (LARA) is where you must submit your articles of incorporation after that. This document contains crucial information about your company, like its name, address, and goals. Information about your board of directors and any shareholders must also be included.

Step 3: Write your bylaws Although bylaws aren’t strictly necessary under Michigan law, they are a crucial component of managing a corporation. The bylaws of your corporation’s operations, including how directors are chosen and meetings are run, are outlined in detail. If you lack legal knowledge, you might want to think about hiring a lawyer to assist you in drafting your bylaws.

Step 4: Obtain Business Permits and Licenses You might require additional licenses and permits, depending on the type of business you’re launching. For instance, you’ll require a food service license if you’re opening a restaurant. To find out which licenses and permits you require, contact the Michigan Department of Licensing and Regulatory Affairs. S corporations: Do they need to register in Michigan?

S corporations are indeed required to register with the Michigan Department of Treasury. Both state and federal tax returns are included in this. S corporations are exempt from Michigan’s state income tax, nevertheless.

A corporation’s legal status is established by its articles of incorporation, which are formal legal documents. They contain details on the corporation’s name, objectives, and organizational structure. The Michigan Department of Licensing and Regulatory Affairs must receive articles of incorporation in Michigan.

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