When starting a business in Michigan, various documentation is required depending on the type of business entity you choose to establish. First, you will need to select a business structure, such as a sole proprietorship, partnership, corporation, or limited liability company. Each of these has specific documentation requirements.
For sole proprietorships, minimal formal documentation is necessary aside from obtaining any applicable business licenses or permits. A partnership typically requires a partnership agreement, establishing the terms of the partnership, and it may also need to register with the Michigan Department of Licensing and Regulatory Affairs if it does business under a name different from the partners’ names.
If you choose to form a corporation or a limited liability company, you are required to file articles of incorporation or articles of organization, respectively, along with a registered agent's information. Additionally, federal Employee Identification Numbers may be needed for tax purposes.
It is essential to check local regulations, as some cities or counties may have additional licensing requirements specific to certain industries. Moreover, businesses may require permits or licenses depending on their operations, which are often governed by local municipalities. For the most accurate, up-to-date information on all necessary documents and requirements, it is advisable to visit the current Michigan Department of Licensing and Regulatory Affairs website.