Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Form with which a corporation may resolve to authorize an officer or representative to file necessary official documents for a given purpose.
Can I set up an S corp myself? While it's possible to file articles of incorporation and go through the S corporation election process on your own, S corp requirements are strict and complex. It's recommended you consult an attorney or tax professional.
Filing as an S Corp in Michigan Step 1: Choose a Business Name. Step 2: Appoint Directors and a Registered Agent. Step 3: File Articles of Incorporation. Step 4: Create S Corp Bylaws. Step 5: Apply for an Employer Identification Number. Step 6: File Form 2553 for S Corporation Election.
Despite both S corp and LLC benefitting from pass-through taxation, we should note that S corp faces stricter ownership and management structure regulations than LLC. Therefore, business owners who value flexibility and simplicity may find LLC a more suitable option.
Your Michigan state tax ID number is assigned to your business when you register with the state government of Michigan. It's necessary to hire Michigan employees, sell taxable goods and services in Michigan, or sell regulated goods like alcohol or tobacco in the state.
Michigan law requires that persons who own, conduct or transact business in a county, register the business name in that county as a matter of public record. 2. My business has been incorporated with the state.
Michigan recognizes the federal S corporation election and does not require a state-level S corporation election.
Filing as an S Corp in Michigan Step 1: Choose a Business Name. Step 2: Appoint Directors and a Registered Agent. Step 3: File Articles of Incorporation. Step 4: Create S Corp Bylaws. Step 5: Apply for an Employer Identification Number. Step 6: File Form 2553 for S Corporation Election.
You can register for a Michigan seller's permit online through the Michigan Department of Treasury. To apply, you'll need to provide the Michigan Department of Treasury with certain information about your business, including but not limited to: Business name, address, and contact information. Federal EIN number.