New Business on the Rise in Mississippi
Business Formations indicate Growth in the
State
“As we move past this economic recession, more and more businesses want to set up shop in Mississippi, and the numbers show it,” says Secretary of State Delbert Hosemann. “We have unlimited resources in our State, coupled with an educated, trainable workforce. These numbers show many businesses are taking advantage of what Mississippi can offer new industries.”
The statistics show Mississippi businesses
prefer the Limited Liability Company (LLC) structure to a corporate
structure. Corporate formations have decreased from 3,819 per year in
2010 to 3,572 last year. New LLC formations rose to 14,918 from 12,005
in 2010. Mississippi currently has 48,488 corporations registered to do
business in the State and 77,704 LLC’s.
“We believe legislative amendments to Mississippi’s
LLC law, now considered one of the foremost in the country, have further
spurred this growth,” adds Secretary Hosemann.
No comments:
Post a Comment