Start a Business in Michigan
Michigan offers a straightforward formation process with competitive fees and a diverse economy spanning automotive, technology, healthcare, and agriculture. With over 900,000 small businesses and a growing startup ecosystem in Detroit and Ann Arbor, Michigan provides founders with affordable entry and strong market access.
Filing Fees
| Entity Type | Filing Fee |
|---|---|
| LLC | $50 |
| Corporation | $60 |
| Nonprofit | $20 |
| DBA / Trade Name | $10 |
| Annual Report | $25 |
No franchise tax; annual report/statement fee of $25
Processing Times
- Standard: 5-7 business days
- Expedited: Same day ($50 fee, in-person only)
- Online: 3-5 business days via LARA COFS
Key Facts
- LLC filing fee is only $50 — tied for lowest nationally
- Annual report/statement costs just $25
- Corporate income tax rate of 6% (CIT)
- No publication requirement
- Resident agent must have a Michigan street address
Compliance Deadlines
| Item | Due | Penalty |
|---|---|---|
| Annual Statement (LLC) | February 15 annually | Administrative dissolution |
| Annual Report (Corp) | May 15 annually | Administrative dissolution |
| Resident Agent | Maintain continuously | Administrative dissolution |