How to Form an LLC in Mississippi 7 Simple Steps

How To Use This Guide

Use our free guide below to form an LLC in Mississippi or have a reliable service do it for you:

- IncFile ($49 + state fee) for basic & quick LLC formation.

- LegalZoom ($79 + state fee) for the most popular LLC service available.

Step 1) Verify & Secure Your LLC Name

Choose a Business NameTo secure and register your brand name it must be unique, not too similar to another registered name, and shouldn’t contain any restricted wording.

To check, conduct a Business Entity Search through the Sec. of State, and if there are potential trademark issues conduct another quick search using the TESS System through the U.S. Patent Office.

Keep in mind your LLC name should contain the words ‘Limited Liability Company’ or ‘Limited Company’. Abbreviations for these words like ‘L.C.’ or ‘L.L.C’ are also acceptable. If needed, you can also file an Application to Register or Renew Trade and Service Marks.

Filing Fee: $50 resident, $60 non-resident

Remember, this isn’t optional in Mississippi-- it’s mandatory.

Quick Note: Before you commit 100% to a name, you may also want to check that there’s a decent URL available for your business. Use Weebly to search your options. If there’s a quality domain name for purchase, we advise buying it right away. Even if launching a business website isn’t on your radar right now, it’s going to be soon, and you might as well nail down a domain name that’ll make it easy for customers to find you!

Step 2) Appoint A Registered Agent

Choose a Registered AgentA Registered Agent acts on your half to officially receive and help to process important documentation like state filings, tax forms, legal notices and so on.

They must be a resident of the state or a corporation, either domestic or foreign with a physical street address, authorized by the Sec. of State.

You can hire an outside professional service and expect to pay up to $160/year, or get a Registered Agent free of charge when you start an LLC through a service like IncFile. They handle this along with much more depending on your startup package.

Step 3) File Articles Of Organization

Register an LLCTo legally register an LLC in Mississippi, a Certificate of Formation should be filed with the Secretary of State through their secure Online Filing System where you'll need to quickly set up an account.

You can't actually get a legal copy of the form until you do. Make sure to print out a copy for your records!

This form is a public announcement of your brand's intents/purposes, name and address, ownership information, registered agent info, hours of operation, and other basics.

Filing Fee: $50

Step 4) Get An EIN

Get an EIN for Your LLCAn EIN, or Employer Identification Number, is a federal identifier similar to a social security number for individuals. You’ll need it to handle a good portion of your taxes, to set up your business bank accounts, hire employees, etc. Thankfully it’s very easy to get one and set up in “the system.”

To get your free EIN, you can print out and mail in This IRS Form or apply online using the IRS Website.

Step 5) Open A Business Bank Account

Best Business Bank AccountPlease, don't just assume where you currently bank on a personal level is the best choice to establish your brand's financial foundation. How much do you know about business checking and savings accounts? How many different local, state, and national banks and credit unions have you investigated?

Don't be hasty! This is too important. The amount of money you can save per year from one bank to the next, relative to their other services, is important to consider. If you're interested, here's a quick breakdown of Business Checking Accounts from some of the big banks to begin your research.

Step 6) Draft An Operating Agreement

Create an Operating AgreementWhile this isn't required for Mississippi LLCs, it's highly recommended you draft one whether you''re a solopreneur or part of a partnership.

An LLC Operating Agreement is a vital document that sets down on paper internal managerial/financial duties and responsibilities along with basic operating rules - profit sharing, ownership percentages, etc.

An LLC Operating Agreement is a vital document that sets down on paper internal managerial/financial duties and responsibilities along with basic operating rules - profit sharing, ownership percentages, etc.

To get started, check out this list of LLC Operating Agreement templates which you can customize yourself.

Step 7) Handle MS Taxes & Licensing

Small Business TaxesDepending on a number of variables there's some forms to fill out and fees to be paid. For example, where will you be located? Will you be working with the public? What kinds of products or services are you offering? These sorts of details determine the amount of red tape.

To get started bookmark the Jackson district office of the Small Business Administration, and Sec. of State’s Business Services page because they’re likely going to be go-to sources. If you need help with this step, consider professional Business License Research packages that can handle the leg work for you.

Need Help Forming an LLC?

How To Form An LLC OnlineIf you'd like help forming an LLC in Mississippi, feel free to read our reviews of the two most popular services available.