Form Mississippi LLC- Limited Liability Company

Form Mississippi Limited Liability Company

Forming a state LLC (Limited Liability Company) in Mississippi provides owners and members of board of the organization limited liability against the debts of the business. Mississippi, a state focusing on the sectors of lumber and agriculture provides various opportunities for investors to build up their business in the state. In Mississippi, the name of an LLC must contain the words Limited Liability Company or an abbreviation (LLC, L.L.C., LC, or L.C.) at the end of its name.

Mississippi LLC Minimum Requirements

The minimum requirements to form a Mississippi LLC are:

The Mississippi Secretary of State will request the responsibilities and duties to be met by the organization and the employees of the organization.

a. Fees and Taxes

The minimum fee to file an LLC in Mississippi is $50. Filings must be done with the Mississippi Secretary of State. In Mississippi, the LLC also certain tax benefits and discounts like tax deductions and exemption. The income tax department of the state issues the Employer Identification Number (EIN) that allows you to open a bank account for your organization and track your income tax details.