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Start Your Business in Michigan

 

The advantages of incorporating or forming an LLC in Michigan:

Business incentives in Michigan
States today must offer a credible package of incentives in order to remain competitive. Michigan's menu of incentives includes assistance for companies that are locating in the state, as well as those that choose to grow and expand here: Renaissance Zones — Specific geographic virtually tax-free areas
  • No real property tax
  • No personal property tax
  • Single Business Tax is eliminated or greatly reduced
Agricultural Processing Renaissance Zones (the project shell creates jobs and private investment and benefit Michigan farmers)
  • No real property tax
  • No personal property tax
  • Single Business Tax is eliminated or greatly reduced
State and local tax exemption for companies that locate and perform AET research, development, and manufacturing within the NextEnergy zone
  • Nonrefundable credit against Single Tax Liability for Taxpayers engaged in research, development or manufacturing of alternative energy technology
  • Infrastructure Development, Community Development Block Grants provide federal funds for road, water and sewer improvements
  • Site Location/Site Proposal Assistance (MISITENET) serves to assist consultants and businesses interested in locating facilities in Michigan
  • SelectSites is a site portfolio program that complements and enhances the Michigan Site Network (MISITENET)
  • Certified Business Parks Program
  • Smart Zone are collaborations between universities, industry, research organizations, government, and other community institutions intended to stimulate the growth of technology-based businesses and jobs by aiding in the creation of recognized clusters of new and emerging businesses
  • Job Creation Tax Credit
  • Business Activity Credit
  • Brownfield Redevelopment Credits
  • Industrial Property Tax Abatement
  • Personal Property Tax Relief in Distressed Communities
  • Obsolete Property Rehabilitation
  • Economic Development Job Training (EDJT) for businesses making new investments, training new workers or upgrading skills of existing employees.
  • Industrial Development Revenue Bonds, loans for manufacturing projects, solid waste hazardous waste facilities, and not-for-profit corporate projects.
  • Retention Program for existing business community
  • Tax Increment Financing to finance infrastructure improvements for economic development projects
  • Business Cost Estimates for expanding companies are available through the Michigan Economic Development Corporation

 

Incorporate in Michigan

 
Michigan incorporated   Form a Corporation (INC.) in Michigan.

Be the president of your corporation! Incorporate your business now.
Incorporate
 

Form an LLC in Michigan

 
Michigan limited liability company   Form a Limited Liability
Company (LLC.)

Protect your assets forming a legal entity which limits your liability in Michigan!
Limited Liability Company
 



Start Your Business in Any State
Read detailed information on the advantages of forming a Corporation or Limited Liability Company in your state. Please click on the state you are interested in.


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