The last step on how to form a mississippi llc is to file the paperwork with the Secretary of State. This filing is done at your office as the law firm that you are representing will draw up the appropriate forms for you. You will have to pay a nominal fee, which is usually non-refundable, for their assistance in getting your filings filed. If you represent yourself, you may be asked to provide additional legal advice.

 

Once you know the correct name and address for your new corporation, you must decide if you will be the sole proprietor or if you will hire an agent. A sole proprietor is considered to be the owner of the company. He can use his assets to buy shares of stock in the company, but he still is not the owner. Agents are paid a specified amount by the company and they manage the day to day activities.

 

To incorporate a corporation, one or more individuals must become members. At the time of incorporation, each member must sign a document stating that he or she is a member of the corporation. Each member must designate one or more partners. Partners are persons who have joined the corporation and are authorized to act on behalf of all the other members. To incorporate a Mississippi LLC, the partnership must be registered in the state.

How to Form a Mississippi LLC

 

Forming a Limited Liability Company in Mississippi is slightly different than in other states. For starters, it does not require the same filing requirements as other states. In addition, it does not require the same number of shareholders (one). Because of these differences, it is often easier to file a form of Limited Liability Corporation in Mississippi than in other states. In most cases, the process can be completed within a few days and the LLC will be up and running in a matter of weeks.

 

The next step is to select the LLC's name. The most popular choices in Mississippi are "limited liability company" and "dominant domineering trust." After selecting one of these names, one must submit the application and pay the appropriate fees to the Secretary of State. The specific paperwork for how to form a Mississippi limited liability company is available from the office of the Secretary of State in Jackson.

 

Once the paperwork is completed, all partners must next determine if they are married or not. If one partner signs the papers but is not married, then the other partner must also sign the papers indicating that he or she is not married. If the partners are married, the question of how to form a Mississippi limited liability corporation is answered automatically. The reason for this requirement is to prevent two people with the same name from forming one LLC together and then splitting the profits between them when one dies.

 

If one partner signs the papers but is not a resident of the state, the partners must elect to be represented by a lawyer or agent who is registered to the state. At this point, it is advisable to hire an attorney to help complete the paperwork. Once the paperwork is filed, the corporation will be required to file its articles of organization with the secretary of state. There are specific procedures for how to form a Mississippi Limited Liability Company. The specific documents can be obtained from the office of the Secretary of State in Jackson.

 

Forming an llc in mississippi requires that one owns at least one business. To do this, a person must first obtain a tax identification number. Then, he or she can file an Articles of Organization with the court. After that, he or she will be able to select the members of the board of directors and put up the money required. All these procedures are followed to set up one's own Mississippi Limited Liability Company.

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