Requirements for starting a business in Michigan
- Minimum share capital is $1
- Any increase in company shares will affect the initial filing fees
- At least one director is required
- Residency for directors is not required
- Directors are also not required to be listed in the articles of incorporation
- The company name must contain the relevant company form; corporation, incorporation or an abbreviation
- It must also be unique from other companies names
How much does it cost to start a business in Michigan?
- Due to the unique and individual nature of businesses, all enquiries are POA
How long does it take to start a business in Michigan?
Starting a business in Michigan takes approximately one week, assuming that required documentation is supplied quickly.
Serviced or virtual offices in Michigan
- Virtual offices (include telephone, fax and mail forwarding facilities) £220 per month payable quarterly in advance plus £660 deposit refundable within 30 days upon termination of your office contract.
- Service offices are furnished according to requirement.
Accountancy Services
Contact us for a quote of our accountancy services based upon the approximate number of monthly invoices and projected annual turnover.
How to start a business in Michigan
To commence the process of starting a business in Michigan, we require the following:
- A completed application form.
- 100% of the Michigan Limited Liability Company or corporation Formation cost, due on receipt of a pro-forma invoice from us.
- A certified copy of each Directors/Shareholders passport.
- Two utility bills less than three months old.