How do I start a business in Mississippi?

How much does it cost to register a business in MS?

Fees for Starting a Business in Mississippi:

Fee Type Cost
Filing Fee for Domestic Nonprofit Corporation $50.00
Filing Fee for Foreign Nonprofit Corporation $100.00
Filing Fee for Domestic LLC $50.00
Filing Fee for Foreign LLC $250.00

Do you need a business license in Mississippi?

Mississippi does not have a statewide basic business license. Businesses may need to register with the Mississippi Secretary of State or the Mississippi Department of Revenue for corporate income & franchise tax, sales tax, or payroll taxes.

How do I apply for a LLC?

Steps to Form an LLC

  1. Choose a name for your LLC.
  2. File Articles of Organization.
  3. Choose a registered agent.
  4. Decide on member vs. manager management.
  5. Create an LLC operating agreement.
  6. Comply with other tax and regulatory requirements.
  7. File annual reports.
  8. Out of state LLC registration.

How do I get a Mississippi business license?

Go to www.sos.state.ms.us/sos_newhomepage/default.asp or call them directly at 1-800-256-3494 to learn more about registering. If you decide to do business as a general partnership or sole proprietorship, you do not need to register with the state.

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How much does it cost to file an LLC in Mississippi?

To start an LLC in Mississippi you will need to file the Certificate of Formation with the Mississippi Secretary of State, which costs $50. You can apply online. The Certificate of Formation is the legal document that officially creates your Mississippi Limited Liability Company.

How do I get an LLC in Mississippi?

How to Start an LLC in Mississippi

  1. Choose a Name for Your LLC. …
  2. Appoint a Registered Agent. …
  3. File a Certificate of Formation. …
  4. Prepare an Operating Agreement. …
  5. Obtain an EIN. …
  6. File Annual Reports.

How can I get a free LLC?

How to Create and File an LLC for Free

  1. Six Steps to Forming an LLC for Free. …
  2. Gather Information. …
  3. Get a Business Name and Address. …
  4. Get the Formation Document From the Secretary of State Website. …
  5. Get a Registered Agent. …
  6. Look at Other LLC Formation Options. …
  7. LLC Paperwork: Fill Out and File the Formation Document.

What documents do you need for LLC?

The 7 documents you need to create an LLC

  • Internal Revenue Service (IRS) Form SS-4. …
  • Name reservation application. …
  • Articles of organization. …
  • Operating agreement. …
  • Initial and annual reports. …
  • Tax registrations. …
  • Business licenses.

How much does an LLC cost yearly?

As of 2021, the average LLC annual fee in the US is $91. Most states call this the Annual Report, however, it has many other names: Annual Certificate.

Can you start an LLC by yourself?

To form an LLC by yourself, you need to reserve a business name, appoint a registered agent, file the Articles of Organization, obtain an Employer Identification Number, and open a business bank account. The time and money you need to file an LLC yourself depend on the state where you are filing.

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Should I get an LLC before starting a business?

You don’t need an LLC to start a business, but, for many businesses the benefits of an LLC far outweigh the cost and hassle of setting one up. … You can also get those things by forming a corporation or other type of business entity. It’s also perfectly legal to open a business without setting up any formal structure.