Mississippi Small Business Startup Package for S-Corporation

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State:
Multi-State
Control #:
US-P107-PKG
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Description

The package is designed to assist an S corporation in running the corporation by providing a large selection of necessary and commonly used forms at a greatly reduced price. The forms provided are valuable tools to ensure the smooth operation of typical business affairs. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!


The documents in this package include the following:



Profit and Loss Statement - This is a general Statement of Profits and Losses for a company. It lists in detail, all profits, or gains, as well as all losses the business may have suffered. This form can be used by any type of company, whether a corporation or a sole proprietor.







2553-S Corp Election for Small Business - This form is used to be treated as a subchapter S corporation by the IRS.



General Trademark License Agreement - This form is a Trademark License Agreement. The licensor is the owner of certain trademarks and the licensee desires to use the trademark on the terms and conditions set forth in the agreement. The licensor agrees to grant to the licensee an exclusive worldwide right and license to use the trademark in connection with the licensee's product.



Investor Stock Purchase Agreement - This is a form authorizing the sale of stock to investors in a company. Detailed provisions cover the representations and warranties of both parties, as well as the specifics of the transaction.



Amendment to Bylaws - This is an Amendment to the Bylaws form, to be used across the United States. This is to be used as a model, and should be modified to fit one's own personal needs.


Job Invoice-Short - This form is a job invoice form. It contains provisions for a job description, starting date, completion date, date and hours worked, list of materials and costs, and an itemized statement of total due for materials, labor, and other.








Employment Agreement - General - This form is used when an Employee agrees to be employed by Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of Employer services as may be reasonably requested from time to time by the Employer. The agreement contains provisions for compensation, confidentiality, non-competition and breach of contract.



Employment Agreement with Covenant Not to Compete - This form is used when an Employee agrees to be employed by an Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of the Employer as may be reasonably requested from time to time by the Employer. This agreement contains a covenant not to compete clause.



Self-Employed Independent Contractor Employment Agreement General - A company agrees to hire a contractor to perform work on the terms and conditions set forth in the agreement. The contractor agrees that all financial and accounting records will remain the confidential property of the company. The form also provides that the company will reimburse the contractor for all reasonable and necessary expenses incurred by the contractor with the performance of his/her duties.



Secrecy, Nondisclosure and Confidentiality Agreement by Employee or Consultant to Owner - The first party has possession of proprietary information and know-how relating to an idea, product or service, and wishes to employ the second party but desires that the second party agree not to disclose information learned by second party during such employment. Both parties agree that all information, ideas, products or services, processes, written material, samples, models and all other information of any type, whether written or oral, submitted to the second party by the first party is now, and will remain, the property of first party.



Drug Testing Policy Disclosure and Consent Form - This form explains the drug testing policies of a particular company and includes a consent form.



Employee Permission to Do a Background Check - This is a form signed by an employee or prospective employee granting an employer permission to do a background check.



Employment Position Announcement - This form is a business type form that is formatted to allow you to complete the form using Adobe Acrobat or Word. This form allows an employer to announce that applicants for a position with the company are being sought.


Consultant Agreement - This form is a Consultant Agreement for use with consultants exposed to commercial trade secrets or other confidential information as part of their work with a business.


Internet Use Policy - This agreement is to be signed by an employee upon the request of a company concerning the proper uses of internet access. The agreement defines acceptable uses and states that the inappropriate use of the Internet may lead to denial of access or other action by the company.



Also included in this package are: Employment Termination Agreement, Cash Disbursements and Receipts, Check Request form, Daily Accounts Receivable, Yearly Expenses by Quarter, Petty Cash Form and Purchasing Cost Estimate

Mississippi Small Business Startup Package for S-Corporation is a comprehensive and all-inclusive solution designed to assist entrepreneurs in establishing their S-Corporation in the state of Mississippi. This package provides a streamlined and efficient process for business owners to fulfill all the necessary legal requirements, paperwork, and filings to form their S-Corporation successfully. The Mississippi Small Business Startup Package for S-Corporation offers a range of services tailored specifically to assist small businesses. These services include, but are not limited to, entity formation, tax identification number (EIN) acquisition, drafting and filing Articles of Incorporation, obtaining necessary licenses and permits, and providing legal support throughout the new business setup process. By opting for the Mississippi Small Business Startup Package for S-Corporation, entrepreneurs can ensure compliance with state regulations and avoid any potential legal hurdles. This package not only saves time and effort but also helps entrepreneurs to focus on their core competencies while leaving the legal and administrative aspects of starting an S-Corporation to experts. Different types or variations of the Mississippi Small Business Startup Package for S-Corporation may include: 1. Basic Startup Package: This package includes all the essential services required to establish an S-Corporation, such as entity formation, EIN acquisition, and initial legal consultation. 2. Advanced Startup Package: In addition to the services provided in the basic package, the advanced package may offer additional services like business name search, drafting corporate bylaws, and filing necessary state and federal tax registrations. 3. Premium Startup Package: This all-inclusive package offers an extensive range of services, including entity formation, EIN acquisition, drafting and filing Articles of Incorporation, obtaining necessary licenses and permits, corporate minute book setup, and ongoing legal support. 4. Customized Startup Package: Some service providers may offer customized packages tailored to meet specific business needs. These packages can include services selected by the business owner and can be adjusted based on their industry, size, and unique requirements. In summary, the Mississippi Small Business Startup Package for S-Corporation is an invaluable resource for entrepreneurs looking to start their S-Corporation in Mississippi. It provides a seamless process, legal compliance, and expert guidance, allowing business owners to concentrate on building and growing their company.

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FAQ

The S corporation structure can be especially beneficial when it comes time to transfer ownership or discontinue the business. These advantages are typically unavailable to sole proprietorships and general partnerships. S corporation advantages include: Protected assets.

Yes ? some limitations apply to how you structure your business if you choose to incorporate as an S Corp.

Personally, I think if your business is making more than $60,000 in profit every year, then you should look into forming an S corp. Keep in mind that we're talking about taxable income, not gross revenue. Your gross revenue is all the money you make from your products and services.

The fee typically charged will vary by state between $800 and $1,000. Some states, like Nevada, don't charge a franchise tax fee, making them an alluring place to do business. Miscellaneous government filing fees: Government filing fees may vary from $50 to $200 depending on the state and the type of business.

The annual tax for S corporations is the greater of 1.5% of the corporation's net income or $800.

You need to earn at least $40,000 in profit for an S Corp to make sense, though. Otherwise, the costs of forming and running it exceeds the benefits of an S Corp. Here are some charts that show the tax savings for businesses with $40,000, $80,000, and $100,000 in profit.

Many new business owners choose to hire an S Corp lawyer to help incorporate the business. This process includes drafting essential documents and filing these documents with the IRS. Based on ContractsCounsel's marketplace data, the average cost of an S Corp is $1,200.

Step 1: Name Your Mississippi LLC. ... Step 2: Choose a Registered Agent. ... Step 3: File the Mississippi LLC Certificate of Formation. ... Step 4: Create an Operating Agreement. ... Step 5: File Form 2553 to Elect Mississippi S Corp Tax Designation.

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Owners are called “shareholders.” A corporation is created by filing Articles of Incorporation with the Secretary of State. Corporations have officers elected ... Form a Mississippi LLC, Corporation, or DBA with our updated Mississippi Startup Guide, or fill out our online order form and we'll do the legwork for you.This form provides a guideline for you to fill in with the details of your particular business so that it can be used to seek funding and other participation. Here's an overview of the key steps you'll need to take to start your own business in Mississippi. 1. Choose a Business Ide Form 84-105,a. Jun 30, 2023 — Name Your Business; Choose a Registered Agent; File the Mississippi Certificate of Formation; Create an Operating Agreement; File Form 2553 to ... Mississippi corporation formation requirements from BizFilings. Our Mississippi guide provides MS incorporation requirements for your business. Step 1. Define your business concept. · Step 2. Draft a business plan. · Step 3. Choose a business name. · Step 4. Fund your startup costs. · Step 5. Choose a ... May 3, 2023 — Step 1: Name Your Mississippi Corporation. Choosing a business name is the first step in starting a corporation. 1. Mississippi naming ... When you form Mississippi Corporation, you'll need to decide between forming a C Corporation and an S Corporation. Form an S corp in Mississippi with this step-by-step guide. Start an MS LLC with S corporation status with ZenBusiness.

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Mississippi Small Business Startup Package for S-Corporation