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This Warranty Deed from Individual to LLC form is a Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
An LLC stands for Limited Liability Company, a business structure that combines the flexibility of a partnership with the limited liability protection of a corporation.
Forming an LLC in Mississippi provides personal liability protection for its members, avoids double taxation, and offers flexibility in management and ownership.
To form an LLC in Mississippi, you need to file the Articles of Organization with the Mississippi Secretary of State's Office, pay the required fees, and fulfill any other necessary state requirements.
Yes, Mississippi allows the formation of a single-member LLC where an individual can own and operate the business alone while still enjoying the benefits of limited liability protection.
Yes, in Mississippi, you must file an Annual Report with the Secretary of State's Office and pay the required fees to keep your LLC in good standing. It is also important to comply with all tax and licensing obligations.
Mississippi mandates that the name of your LLC must include the words 'Limited Liability Company,' 'Limited Company,' or the abbreviations 'LLC,' 'LC.' It cannot contain certain restricted words unless proper approval or licensing is obtained.
Yes, a foreign LLC can operate in Mississippi, but it must register as a foreign entity by filing an Application for Registration with the Secretary of State's Office and appointing a registered agent in the state.
The current filing fee for forming an LLC in Mississippi is $50, payable to the Secretary of State's Office. However, additional costs may be incurred if you seek professional assistance or require expedited processing.
Mississippi LLCs are generally subject to state taxes, such as the state income tax, but they do not pay a separate state-level business tax. However, specific tax obligations may vary based on the nature of the business.
Yes, you can change the name of your LLC by filing an Amended Certificate of Formation with the Secretary of State's Office. If you wish to dissolve your LLC, you need to file a Certificate of Dissolution.
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