The very first thing you must do is identify your enterprise. This identify will go on all official paperwork, so you have to have it able to go earlier than you are able to do anything. That stated, relying on the character of your new enterprise, you need 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 website. This search instrument means that you can discover corporations with precise or partially matching names. For those who discover one thing an identical or almost an identical to your enterprise, you may also discover out whether or not it’s energetic or inactive. If it’s inactive, you might be able to use the identify.
However what occurs if you understand your identify is exclusive however you’re not able to type your LLC but? In that case, you possibly can reserve a enterprise identify with the state. Reserving the identify prevents anybody else from utilizing it, nevertheless it’s solely legitimate for 180 days. You’ll must submit an Utility for Reservation of Title with the Secretary of State and pay a $25 submitting charge.
One other level to contemplate 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 prospects and shoppers, and so they could also be extra descriptive about what your enterprise gives. Nevertheless, as a result of your DBA is totally different out of your official firm identify, you have 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 charge. Nevertheless, you have to pay this charge yearly to maintain your DBA in good standing.
