Starting a Business in Michigan
LLC filing: $50 | Corp filing: $60 | Business-friendly score: 6.2/10
Business Environment at a Glance
6.2/10
Business-Friendly Score
4.25%
Income Tax
6%
State Sales Tax
$10.56
Minimum Wage
Business Filing Fees in Michigan
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $50 | One-time, filed with Secretary of State |
| LLC Annual Fee | $25 | Due annually to maintain good standing |
| Corporation Filing Fee | $60 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $25 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 4.25% |
| Corporate Tax Rate | 6% (Corporate Income Tax) |
| State Sales Tax | 6% |
| Max Local Sales Tax | 0% |
| Minimum Wage | $10.56/hr |
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Michigan Special Requirements
- Annual statement/report required ($25)
- Michigan Sales Tax License required for retail businesses
- Workers compensation required for 1+ employees
- City income tax applies in some municipalities (Detroit, Grand Rapids, etc.)
Major Cities in Michigan
Browse Industries in Michigan
Start Your Business in Michigan
The state filing fee for an LLC in Michigan is $50. Licenses, insurance, equipment and rent usually cost far more: see the full picture for your business type and city.
Estimate your startup costs