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Corporations

• Corporations A Corporation is an association of persons, created by law and existing as an entity with powers and liabilities independent of those of its members.

• Corporation Forms

• IRS EIN Application and Responsible Party

• Foreign Corporation Filing Information PDF icon

• Michigan Nonprofit Corporation Filing Information PDF icon

• Michigan Profit Corporation Filing Information PDF icon

• Nonprofit Corporations Act amended - P.A. 9 of 2008

• Use of Laser Equipment by Health Professionals Dec. 5, 2005 Michigan Department of Community Health position statement. Practice of medicine within corporation and limited liability companies.

• Addressing Requirements PDF icon

• Reduction in fees for shares of profit corporation takes effect January 1, 2006 Governor Granholm signed into law Public Act 212 of 2005 on November 21, 2005, substantially reducing the fees profit corporations pay for authorized shares greater than 60,000.


Entity Types

• Domestic Profit Corporation Domestic profit corporations are formed for the purpose of generating profit for shareholders.

• Business Corporation Act 1972 PA 284

• Domestic Nonprofit Corporation Nonprofit corporations are those formed in which members may not receive any profits of the corporation. A nonprofit corporation is formed under the Michigan Nonprofit Corporation Act. Some purposes for which nonprofit corporations are commonly formed are those involving religious, educational and charitable activities.

• NonProfit Corporation Act 1982 PA 162

• Foreign Corporation A foreign corporation is one that is incorporated under laws other than the laws of this state.

• Professional Service Corporation A professional service corporation, as the name implies, is a corporation made up exclusively of licensed professionals.

• Professional Corporations, Chapter 2A, 1972 PA 284 2012 PA 569, effective January 2, 2013, repealed the Professinal Service Corporation Act, 1962 PA 192, and essentially recodified the provisions as a new chapter within the Business Coporation Act, 1972 PA 284.




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