• Incorporators must file the Articles of Incorporation, along with the required processing fees, with the Michigan Department of Labor & Economic Growth. Once the filing is officially approved, the business begins its existence as a separate legal entity.
• First, choose the name of your corporation. The name must be clearly different from the name of another business. So, at no extra charge, Proactive Management will perform three name searches to determine if your desired name(s) are available.
• This name must also include one of the following phrases "corporation," "company," "incorporated," or "limited" or end with one of the following abbreviations, "corp.," "co.," "inc.," or "ltd."
• The Articles of Incorporation will address:
  • Name and address for each of the one or more persons acting as incorporators
  • Street address of the registered office if it is different from the address of the corporation's place of business and and the name of the registered agent at such office. The the registered agent can be an officer/owner of the corporation.
  • The total number, class, and par value (if any) of authorized shares
  • A statement of the preferences, qualifications, limitations, restrictions, and the special or relative rights including convertible rights, if any, in respect of the shares of each class
  • The duration of the company if not perpetual
  • The purpose of the company, stated specifically or generally, can be to engage in any lawful activity
  • The document is effective at the time it is endorsed unless a subsequent effective time, not later than 90 days after the date of delivery, is set forth in the document. 
  • State incorporation fees vary based on the total par value of all authorized shares

Disclaimer - Not Providing Legal Services - Proactive Management, Inc. presents the material on this site as general information only. It is not offered as and does not constitute legal advice or legal opinion and should not serve as a substitute for advice from an attorney or accountant familiar with the facts of your specific situation. We provide business formation services. We are not a law firm and do not provide legal or tax advice or services. We make no warranty, express or implied concerning the accuracy or reliability of the content at this site or at other sites to which we link.