• The name shall contain the word "Corporation", "Company", "Incorporated", or "Limited", or the abbreviation. The name shall not indicate that the corporation was formed for a purpose other than one or more of the purposes permitted in the articles. The name shall be distinguishable from the corporate name of domestic or foreign corporations, domestic or foreign limited partnerships, or currently reserved names. The name cannot use words "Bank," "Industrial Bank," "Deposit," "Surety," "Security," "Trust," or "Trust Company.

Articles of Incorporation Requirements

• Director Information
  • Minimum Number - One or more.
  • Residence Requirements. - No provision.
  • Age Requirements - None.
  • Directors are not required to be listed in the articles of incorporation.

  
  

• Officer Information
  • The officers are not required to be listed in the articles of incorporation.

  
  

• Stock Information
  • An increase in the shares may cause an increase in the initial filing fee.

  
  

Yearly Requirements

• Annual Statements
  • Domestic and foreign corporations, transacting business, employing capital or persons, owning or managing property in Michigan, must file an annual report with the Department of Commerce by May 15 annually. The filing fee is $15.
    
    
• Income Tax Rate
  • 2.3% tax levied on adjusted tax base allocated or apportioned to Michigan.

For more information on taxes, visit www.treas.state.mi.us