Form a S-Corp in Mississippi
Everything you need to know about forming a S-Corp in Mississippi. Filing fees, requirements, timeline, and step-by-step guidance.
How to File
Choose Corporate Name
Select an available name ending with Corporation, Corp., Incorporated, or Inc. Check availability through Mississippi SOS website.
30 minutes
Appoint Registered Agent
Designate a Mississippi resident or entity authorized to do business in Mississippi to receive legal documents.
15 minutes
File Articles of Incorporation
Submit Articles of Incorporation with Mississippi Secretary of State along with $50 filing fee.
45 minutes
Obtain EIN
Apply for Federal Employer Identification Number from the IRS for tax purposes and business banking.
30 minutes
What's Next After Filing
Once your S-Corp is officially formed, you'll want to complete these important steps:
- •File Form 2553 — Submit IRS Form 2553 within 75 days of incorporation to elect S-Corporation tax status.
- •Create Corporate Records — Draft bylaws, hold organizational meeting, issue stock certificates, and maintain corporate records.
- •Comply with Ongoing Requirements — Obtain necessary business licenses and prepare for annual report filing requirements.
Advantages
- ✓Pass-through taxation avoids double taxation
- ✓Limited liability protection for shareholders
- ✓Enhanced credibility with customers and vendors
- ✓Easier to raise capital through stock issuance
Considerations
- •Strict IRS requirements including 100 shareholder limit
- •Required corporate formalities and record-keeping
- •Limited flexibility in profit and loss allocation
Annual Obligations
What OpenChamber Does
We don't file paperwork for you — we guide you through doing it yourself, which saves money and helps you understand your business from day one.
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