While forming an LLC in Michigan is affordable, you may face some ongoing costs. Many states have a franchise tax, but Michigan has a 4.95% business-income tax and a 0.8% modified-gross-receipts ...

In this guide on starting an LLC in Michigan, we’ll provide simple, step-by-step instructions to launch your Michigan LLC and maintain it in good standing.

The Michigan Limited Liability Company Act of 1993, amended in 2002, describes the way LLCs are formed and operate. If you have questions regarding how your LLC should function in Michigan, you ...

Starting an LLC in Michigan is not free. Businesses must pay a $50 fee when registering their companies and an annual $25 fee to maintain the LLC. This is in addition to any taxes and fees for ...

If you aren't ready to register your LLC but are concerned your business name might be taken by someone else, you can reserve it for a small fee. In Michigan, names may be reserved for up to 180 ...

LLC owners can receive tax incentives from Michigan, such as the small business alternative credit, which offers an alternate tax rate of 1.8% of adjusted business income.

The best LLC services offer everything from name reservation, registered agent services and tax help to annual statement filing. Discover the best Michigan LLC services below.

For nearly a decade, Toni Matthews-El has published business topics ranging from cloud communication software to best steps for establishing your own LLC. In addition to Forbes Advisor, she's ...