How To Register A Small Business In Michigan

The requirements for these state occupational licenses are set by various state agencies and licensing boards and varies depending on the profession but often will involve specific educational and or examination requirements.

How to register a small business in michigan. For most small businesses registering an llc is a great option. If your business is a sole proprietorship or general partnership called a co partnership in michigan register your business name with the county clerk s office. Michigan does not have a general michigan business license that all businesses must have but it does license hundreds of different professions and occupations. This process is secure convenient and faster than registering by mail. Obtain your fein here.

In comparison to other business entities llcs are easier to set up and manage and they have favorable tax treatment. Assumed name and co partnership name. Businesses with one or more owners can file an assumed name registration. Here are six things you must do to register your business in the state of michigan. Once the number has been assigned the business will need to be registered with the county clerk.

There are two types of name registrations at the county level. Then you can read our detailed guide on naming your business. Before you can do that though you have to figure out what type of business structure you want to form. An llc s corp c corp or sole proprietorship. Beginning to register a small business begins with obtaining a federal employer identification number fein which is like the business social security number.

It will be needed for financial transactions especially when applying for credit. It is required to open a checking account and to facilitate other financial transactions like opening a credit account with a vendor. Gordon originally organized his car repair business as a michigan corporation named gordon s ann arbor garage inc. Employers may register for business taxes in michigan including uia employer account number and or a sales tax license using the online e registration application. Register your michigan business.

I like to refer to it as your business s social security number. Your federal employer identification number fein is a tax id assigned to you for your business. Register the assumed business name with the county clerk.