The very first thing you must do is identify your corporation. This identify will go on all official paperwork, so you will need to have it able to go earlier than you are able to do anything. That mentioned, relying on the character of your new enterprise, it’s best to confirm whether or not your identify is exclusive. One of the simplest ways to do that is to search for the identify on the Mississippi enterprise entity search web site. This search software lets you discover firms with actual or partially matching names. When you discover one thing equivalent or practically equivalent to your corporation, you may also discover out whether or not it’s lively or inactive. If it’s inactive, you might be able to use the identify.
However what occurs if you recognize your identify is exclusive however you’re not able to type your LLC but? In that case, you may reserve a enterprise identify with the state. Reserving the identify prevents anybody else from utilizing it, however it’s solely legitimate for 180 days. You’ll have to submit an Utility for Reservation of Identify with the Secretary of State and pay a $25 submitting payment.
One other level to think about is whether or not you’ll use a DBA (doing enterprise as) identify. DBAs are useful as a result of they will usually sound extra interesting to clients and shoppers, and so they could also be extra descriptive about what your corporation gives. Nevertheless, as a result of your DBA is totally different out of your official firm identify, you will need to register the DBA with the state individually. As with the identify reservation type, you submit the doc to the Secretary of State and pay a $25 submitting payment. Nevertheless, you will need to pay this payment yearly to maintain your DBA in good standing.
