Mississippi LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Mississippi is easy, fast, and affordable.
| Mississippi LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Mississippi Filing Fee | $50 |
| Total | $149 |
Naming the LLC
The name of the limited liability company must contain the words "limited liability company" or the abbreviation "L.L.C." or "LLC".
Required Information
You will need to provide the name of your LLC, the Registered Agent’s name and physical address, and the name of the organizer (the person forming the LLC).
Steps to Forming a Mississippi LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Mississippi Secretary of State within one business day.
Processing time can vary, but Mississippi filings typically take 3-4 business days. When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Mississippi.
Mississippi LLC Advantages
- Mississippi LLCs are usually approved in 3-4 business days.
- Mississippi keeps the names of the owners (members) and the actual business address private (so private they don't even collect it or keep it on file). The Registered Agent of your LLC will be public information To help maintain your privacy, you can choose to have TotalLegal be your Registered Agent. .
Maintaining a Mississippi LLC
It’s not hard at all. It's not hard at all. Each Mississippi LLC is required to file an annual registration every year. Annual registrations must be completed between January 1 and April 1 of each year. The annual registration fee is $50. The annual registration and the fee can be completed and paid easily online.
Making Changes to Your LLC
Making changes to your LLC in Mississippi is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $50.00 or less.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Mississippi very easy.