How to Start a Business in Mississippi (Step by Step Guide)

Starting Business in MississippiAre you thinking about starting your own business in Mississippi? If so, then you have come to the right place!

On this page, you can find step by step DIY instructions on how to incorporate your business in Mississippi. From selecting the business entity type to forms to be filled, we have covered it all.

Let’s get Started

The first step in setting up your business is to select the business structure.

Broadly there are 4 types of business entities that can be registered:

  1. Limited Liability Company (Most Popular)
  2. Corporation
  3. Sole Proprietorship
  4. Partnership

Each business structure differs on the basis of taxation, asset liability and estate planning. We have written a detailed tutorial on how to choose a business entity type for your business here.

Below we have given a broad outline of the steps involved in registering an LLC or Corporation in Mississippi.

Clicking on each step, opens up a detailed guide on how to complete it.

How to Start an LLC in Mississippi

Agency ResponsibleMississippi Secretary of State – Business Services Division
Form(s) to be filledCertificate of Formation
ModeOnline
Name ReservationOptional, Fee $25 (Online)
Filing Fee$50
Time3 days
LawMississippi Code § 79-29-201


Summary:

  1. Choose business name
  2. File for Business name reservation (Optional)
  3. Select a Registered Agent
  4. Fill Certificate of Formation
  5. Draft Operating Agreement
  6. Get an EIN Number (IRS Form SS-4)
  7. Register for Mississippi Tax ID number
  8. Get necessary business license
  9. File Annual Report

How to Start a Corporation in Mississippi

Agency ResponsibleMississippi Secretary of State – Business Services Division
Form(s) to be filledArticles of Incorporation
ModeOnline
Name ReservationOptional, Fee $25 (Online)
Filing Fee$50
TimeInstant
LawMS Code § 79-4-2.02 (2013)

Summary:

  1. Search for a Business Name
  2. File for Business Name Reservation (Optional)
  3. Select Registered Agent
  4. Fill Articles of Incorporation form
  5. Create Bylaws
  6. Get an EIN Number
  7. Obtain Tax ID number
  8. Get necessary business license
  9. File Annual Report

References:
https://www.sos.ms.gov/Policy-Research/Documents/1revisedLLCact.pdf

Last fact-checked on 25/07/2018

Mississippi Business Name Reservation

Before officially forming your business (LLC, Corporation etc) in Mississippi, you may consider reserving the name for your company first. Reserving business name is especially helpful in cases when you are sure to form the business in next few months but are not ready yet. Name reservation can protect your PERFECT business name, till the […]

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Mississippi Business Entity and Corporation Search

The Business Services Division of Secretary of State of Mississippi maintains an online tool where one can search for information about any business which is incorporated in the state. The tool is free to use for the public. The business search functionality is beneficial for business owners, registered agents, and the public. One can find […]

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