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Transacting business in Michigan refers to engaging in activities that generate revenue, such as selling goods or services within the state. Factors determining whether a business is transacting include the location of the office, employees, and the volume of sales. For corporations, adhering to a Michigan Comprehensive Agreement Between Board Member and Corporation can help clarify operation standards and responsibilities amidst various business activities.
Setting up an AC Corporation in Michigan involves filing articles of incorporation with the Department of Licensing and Regulatory Affairs. You'll need to prepare necessary documents and establish a board of directors. A Michigan Comprehensive Agreement Between Board Member and Corporation can be a useful tool in this process, as it formalizes the relationship between board members and the corporation, helping to prevent misunderstandings.