New Magnolia, Inc.  World Gateway To Corporate Mississippi

 

Frequently Asked Questions

501i.jpg (745 bytes)   Why the sudden growth of companies incorporating in Mississippi?

501i.jpg (745 bytes)   Do I have to live in Mississippi?

501i.jpg (745 bytes)   Must I use an attorney to incorporate?

501i.jpg (745 bytes)   If I am incorporated in another state or jurisdiction, do I need to qualify to do business in the State of Mississippi?

501i.jpg (745 bytes)   How quickly can I incorporate?

501i.jpg (745 bytes)   How do I reserve a corporate name?

501i.jpg (745 bytes)   How do I amend my certificate of incorporation?

501i.jpg (745 bytes)   How do I change my registered office and registered agent?

 

Q: Why the sudden growth in companies incorporating in Mississippi?

A: The reason is not just one but several. They include the Mississippi General Corporation Law that is one of the most advanced and flexible corporation statutes in the nation. Secondly,  the state legislature seriously takes its role in keeping the corporation statute and other business laws current. Lastly, the office of the Secretary of State operates much like a business rather than a government bureaucracy with its modern imaging system and customer service oriented staff.

Q: Do I have to live in Mississippi?

A: No. Mississippi  law requires every corporation to have and maintain a registered agent in the State who may be either an individual resident, a domestic corporation, or a foreign corporation authorized to transact business in the State whose business office is identical with the corporation's registered office.

Q: Must I use an attorney to incorporate?

A: No, but you should contact an attorney concerning legal matters. The Division of Corporations acts in an administrative capacity only.

Q: If I am incorporated in another state or jurisdiction, do I need to qualify to do business in the State of Mississippi?

A: Yes, Mississippi law requires every corporation to submit a completed "Foreign Corporation" form with the Division of Corporations along with a certificate of existence issued by your state or jurisdiction.

Q: How quickly can I incorporate?

A: The Division of Corporations offers a variety of services including "2-Hour", "Same Day" and "24-hour" processing of documents which are designed to meet your business needs. Normal processing of your incorporation filings typically take a 10 to 14 days.   (See Expedited Services)

Q: How do I reserve a corporate name?

A: You can reserve a name for up to 30 days by calling  CurrentAgent. The name you choose must be distinguishable from corporations or other entities reserved or registered under the laws of Mississippi. A $10.00 fee will be applied to your VISA or MasterCard. Please have your account number and expiration date available.

Q: How do I amend my certificate of incorporation?

A: File a Certificate of Amendment. The corporation's president or vice president, attested to by the secretary or assistant secretary must sign this certificate.

Q: How do I change my registered office and registered agent?

A: File a Certificate of Change of Agent form. See Fee Schedule for the amount of the filing fee of this document.

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