How Long Does It Take To Form an LLC in Mississippi (Guide)
Before your LLC can benefit from the advantages of your company's structure, it is important to determine the timeframe for the SOS to review and approve your application, including the LLC articles of organization.
As a seasoned Mergers and Acquisitions expert, I worked with several entrepreneurs and assisted them in forming their businesses.
Together with industry experts in Mississippi, we navigated the Secretary of State's official website to provide you information regarding the LLC processing time in the state.
Quick Summary
- It can take up to 24 hours to form an LLC in Mississippi through online application. Filing by mail is not available in the state.
- The Secretary of State doesn't offer expedited processing for domestic and foreign LLC formation documents in Mississippi.
- There are 262,272 small businesses—99.3% of all businesses in the state.
- The processing time may be prolonged due to documentation errors, processing issues, and weekends and holidays. I always make sure that the paperwork is in order and advise my clients to do the same before finalizing the application.
What is The Fastest Way to Start an LLC in Mississippi?
The fastest way to start an LLC in Mississippi is online application, which takes only a few minutes and may take 24 hours.
To file online, I visited the SOS Business Services homepage and registered a user account using my clients' legal name, business email, and physical address [1].
Afterward, select the articles of organization and continue to fill out the necessary details, then pay the state fees.
All state fee payments for company filings can be made online using a credit card (Visa, American Express, MasterCard, and Discover), e-check or ACH account.
LLC Processing Time in Mississippi
The Mississippi SOS doesn't offer other filing methods for submitting your registration papers.
Initially, LLC owners could submit their incorporation documents via mail, but after launching the new online filing system on August 25, 2014, the SOS canceled mail and physical paper submissions [2].
Here is the filing method the SOS offers and the processing period for an LLC.
1. Mississippi LLC Processing Time Online (Immediate approval)
Online LLC filings can be approved immediately once payment is confirmed, but some documents can take up to 24 hours to be processed.
In my experience, filing online is an excellent option because there's no additional transit period, and business owners get their LLC paperwork approved in less time.
"Mississippi's efficiency in processing online LLC applications typically results in a quick turnaround time."
- Jon Morgan, CEO, Co-Founder and Editor-in-Chief of Venture Smarter
2. Expedited Mississippi LLC Processing Time Online or By Mail
After thorough research, we discovered that since all business filings are done online and processed almost immediately, the Secretary of State doesn't offer expedited services.
See our article for more information about the cost to start an LLC in Mississippi.
Factors Influencing The Formation Timeline Of Mississippi LLCs
Although documents filed online are processed immediately, several reasons can prolong the formation timeline, which includes the following:
- Processing errors: Since registration is done online, website downtime, network issues and other processing errors could delay the approval time.
- Document issues: The time it takes to correct inaccuracies in your LLC formation papers will prolong the overall process. That’s why I advise clients to always review the documents before submitting online.
- Weekends and holidays: Since the state doesn’t conduct business during this time, your formation papers are processed the next business day.
Recent trends show that around 55% of newly formed LLCs in Mississippi are in the sectors of retail, healthcare, and construction, reflecting the key industries driving the state's economic development.
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FAQs
Can I Check the Status of My Mississippi LLC Formation During the Processing Period?
You cannot check the status of your Mississippi LLC formation during the processing period since the application for all online filings are immediately approved.
Is There a Difference in Processing Time for Domestic and Foreign LLCs in Mississippi?
There's no processing time for domestic and foreign LLCs in Mississippi.
How Much Does It Cost To Get an LLC in Mississippi?
It costs \$50 to get an LLC in Mississippi, which covers your Articles of Incorporation, and is payable to the Secretary of State.
Should You Hire an LLC Service in Mississippi?
An LLC service provider will help you through the process of starting a business. That’s why we recommend hiring these best LLC formation services in Mississippi to handle the tedious filing for you.
They offer integrated LLC service packages suitable for any business. Plus, you'll also get added benefits, such as website design, premium registered agent service, and ongoing compliance with state business laws.
References:
- https://corp.sos.ms.gov/corp/portal/c/page/corpnewfilings/portal.aspx
- https://www.sos.ms.gov/business-services/faqs#ar01
