A Michigan contractor forms a corporation and needs to register with LARA. The corporation has authorized capital stock of $100,000. What is the filing fee for Articles of Incorporation?
Correct Answer
B) $60
Michigan charges a $60 filing fee for Articles of Incorporation for corporations with authorized capital stock up to $60,000, with additional fees for higher amounts.
Why This Is the Correct Answer
Michigan charges a $60 filing fee for Articles of Incorporation for corporations with authorized capital stock up to $60,000, with additional fees for higher amounts.
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A contractor operates as a sole proprietorship and wants to incorporate. They must notify LARA of the business structure change within how many days?
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A Michigan LLC contractor has 3 members. For tax purposes, how will the LLC be treated by default unless an election is made?