LLC, Business License, Incorporation
With the 8th largest population in the United States, Michigan services both large and small businesses. Michigan's major industries include information technology, life sciences, and manufacturing. Regardless of your industry, we can help you take advantage of Michigan's business services.
Forming a Corporation in Michigan
Each state has its own set of rules for businesses seeking to form a corporation there. If you've decided to incorporate in Michigan, The Company Corporation will take care of all the details. We'll research the availability of your company name and help you prepare and file your Articles of Incorporation with the Michigan Department of Energy, Labor and Economic Growth. We can also assist with many of your follow-up needs such as amendment filings, written consents, and annual report preparation and filing.
Here are some helpful facts about Michigan's incorporation requirements:
Corporate Name Requirements
Michigan requires corporations to have names that can't be confused with any corporate, not-for-profit, assumed corporate, reserved or registered names on record with the Bureau of Commercial Services. When you incorporate with The Company Corporation's help, we'll research your company name to make sure it meets Michigan's standards.
Permitted designations: Michigan corporate names may be followed by several approved designations, including:
Remember, when you work with The Company Corporation, we'll take care of your incorporation filing for you. This information is presented only for your reference.
Required documents: The state of Michigan requires businesses to file Articles of Incorporation with the Department of Energy, Labor and Economic Growth.
Turnaround time: In general, turnaround time for incorporating a business in Michigan is 10-15 business days. Expedited filings, which require an additional fee, typically take 2-3 business days.
Follow-up filings: Not required.
Minimum number: Corporations are required to have one or more directors as well as a president, secretary and treasurer.
Director qualifications: The Articles of Incorporation or bylaws may prescribe the qualifications for directors. A director is not required to be a shareholder or resident of Michigan or the U.S. unless spelled out in the articles or bylaws.
Appearance in articles: Not required. Directors' names and addresses do not have to appear in the Articles of Incorporation.
Written consent: Permitted. Directors may act in writing in lieu of holding a meeting.
Time to file: Corporations must file a Michigan Domestic Corporation Information Update with the Department of Energy, Labor and Economic Growth on or before May 15.
Turnaround time: Turnaround time at the state is 10 business days.
Signatures: Only company officers are authorized to sign annual reports. Emailed or faxed signatures are accepted.
Filing extensions: Permitted. Filing extensions can be filed for two years.