When starting a business in Mississippi, one of the crucial steps is filing the Articles of Incorporation with the Secretary of State. This legal document establishes the existence of your corporation in the eyes of the law.
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Filing the Articles of Incorporation may sound daunting, but with the right information and guidance, the process becomes simple and straightforward. In this article, we will guide you through the step-by-step process of filing Mississippi Articles of Incorporation.
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Step 1: Understand the Requirements
Before filing the Articles of Incorporation, it is essential to have a clear understanding of the requirements set by the state.
1. **Business Name**: Choose a unique and distinguishable name for your corporation. Ensure it complies with Mississippi Corporate Name requirements, which means avoiding any restricted words and trademarks.
2. **Registered Office and Agent**: Provide the physical address of your corporation's registered office. The registered agent responsible for accepting legal documents on behalf of the corporation must also be identified.
3. **Incorporators**: Identify the incorporators, including their names and addresses. The incorporators are individuals who sign and submit the Articles of Incorporation on behalf of the corporation.
Step 2: Prepare the Articles of Incorporation
To complete the Mississippi Articles of Incorporation, you need to gather specific information and complete the necessary forms.
1. **Form Submission**: Visit the Mississippi Secretary of State’s website to find the correct form for filing the Articles of Incorporation.
2. **Entity Structure**: Indicate whether your corporation is a domestic or foreign corporation. If you are forming a new corporation in Mississippi, choose "Domestic." Otherwise, choose "Foreign" if your corporation was formed outside of Mississippi.
3. **Business Information**: Provide the requested information about your corporation, such as the name, the nature of the business, and the purpose of incorporation.
4. **Shares of Stock**: Specify the total number of authorized shares and their par value, if any.
5. **Registered Agent**: Clearly identify your designated registered agent and their contact information.
6. **Incorporators' Information**: List the names and addresses of all incorporators involved in the formation of the corporation.
Step 3: Filing and Fee Payment
Once you have completed the Articles of Incorporation, it is time to file the document with the Mississippi Secretary of State. Remember to retain a copy of the document for your records.
1. **Online Filing**: You can file online through the Mississippi Secretary of State's website. This is the most convenient and fastest way to submit the Articles of Incorporation. Pay the required filing fee online.
2. **By Mail**: Alternatively, you can print the completed Articles of Incorporation and mail them with the appropriate payment to the Mississippi Secretary of State's office.
Step 4: Processing
After filing the Articles of Incorporation, the Mississippi Secretary of State's office will review the document for compliance and accuracy. The processing time typically varies but ranges from a few days to a few weeks.
Once approved, the Articles of Incorporation are officially filed, and you will receive a filing acknowledgment from the Mississippi Secretary of State's office.
Conclusion
Filing Mississippi Articles of Incorporation might seem overwhelming, but following the steps outlined above will help simplify the process. Remember to consult legal counsel to ensure compliance with all state rules and regulations.
Once the filing is complete, your corporation gains legitimacy, protection, and all the benefits that come with being an official legal entity. It brings your business one step closer to achieving its goals and pursuing success.
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