Start a Business

Business Taxes

Michigan just underwent major changes to its business tax structure to make sure the state continues to offer a competitive advantage when it comes to the cost of doing business. The state is committed to giving businesses the Upper Hand with a simple and low cost business tax structure known as the Michigan Business Tax (MBT). This simple, low-cost business tax structure:

• rewards investment in capital, jobs and R&D
• reduces reliance on taxing compensation
• provides personal property and small business tax relief 
• compares favorably to other states' business taxes

To keep your business tax costs as low as possible, it is important that you understand your business tax obligations and filing requirements. Filing properly, and on time, avoids potential penalties. The Guide to Starting a Small Business can give you an overview to ensure you are filing and paying the appropriate business taxes. Consult with a tax advisor or an accountant to help you understand your obligations and/or prepare your returns.

Michigan Business Tax Resources

For an overview of business tax filing requirements, refer to the Guide to Starting a Small Business.

For more information on the Michigan Business Tax, refer to the MBT Web site, or read about how the MBT affects business in our MBT fact sheet.