Mississippi LLC Requirements

Updated for 2026 · Official Secretary of State Website

Mississippi is one of the most affordable states for LLC formation with a $50 filing fee and no annual report fee. The state's low cost of living and minimal regulatory burden make it straightforward for small business owners. Mississippi's economy spans manufacturing, agriculture, and a growing healthcare sector.

Filing Fee

$50

One-time state fee

Annual Fee

Per year

Processing

1-3 business days

Online filing

Deadline

April 15

Annual report due

Below Average Cost

Mississippi's $50 filing fee and $0 annual report fee make it one of the cheapest states in the nation for both forming and maintaining an LLC.

Notable Facts About Mississippi LLCs

Mississippi charges no fee for its required annual report
The state has one of the lowest costs of living in the United States
Mississippi uses 'Certificate of Formation' for its LLC formation document
The April 15 annual report deadline aligns with federal tax filing deadlines

Tax Information for Mississippi LLCs

Mississippi has a progressive individual income tax with rates from 0% (first $10,000) to 5%. LLCs taxed as pass-through entities pay at individual rates. There is no franchise tax for LLCs. Mississippi has a 7% state sales tax, the highest in the nation.

Formation Steps

1

Choose a Name for Your LLC
Select a unique business name that complies with Mississippi naming requirements. The name must include "LLC" or "Limited Liability Company" and cannot be the same as an existing registered business in Mississippi.
2

Appoint a Registered Agent
Designate a registered agent with a physical address in Mississippi who can receive legal documents and official correspondence on behalf of your LLC.
3

File Articles of Organization
Submit your Articles of Organization (also called a Certificate of Formation in some states) to the Mississippi Secretary of State. This is the official document that creates your LLC.
4

Create an Operating Agreement
Draft an operating agreement that outlines ownership percentages, member roles, profit distribution, and management structure of your LLC. While not always legally required, it is strongly recommended.
5

Get an EIN from the IRS
Apply for a free Employer Identification Number (EIN) from the IRS. You'll need this for opening a business bank account, hiring employees, and filing taxes.
6

Open a Business Bank Account
Open a dedicated business bank account to keep your personal and business finances separate. This helps maintain your LLC's liability protection.
7

File Annual Reports
Mississippi requires periodic reports due by April 15. There is no filing fee. Mark your calendar to avoid late fees or administrative dissolution.

Visit Official SOS Website

Annual Report Details

Fee: $0

Deadline: April 15

Annual report due by April 15 each year. No filing fee for domestic LLCs.

Annual report required but no fee for domestic LLCs.

Need a Registered Agent in Mississippi?

Every Mississippi LLC must have a registered agent with a physical address in the state. A registered agent service ensures you never miss important legal documents or compliance deadlines.

Compare Registered Agent Services

Frequently Asked Questions

How much does it cost to form an LLC in Mississippi?

The state filing fee to form an LLC in Mississippi is $50 for the Certificate of Formation. This cost is below average compared to other states. Additional costs may include a registered agent service ($50-$300/year) and an operating agreement if you hire an attorney.

What is the annual cost of an LLC in Mississippi?

Mississippi charges $0 for its periodic reporting requirement, due April 15. Annual report required but no fee for domestic LLCs. Mississippi's $50 filing fee and $0 annual report fee make it one of the cheapest states in the nation for both forming and maintaining an LLC.

How long does it take to form an LLC in Mississippi?

Online filing in Mississippi typically takes 1-3 business days. You'll need to file Certificate of Formation with the state. Processing times may vary based on filing volume and the time of year.

Do I need a registered agent in Mississippi?

Yes, Mississippi requires every LLC to have a registered agent with a physical street address in the state. The registered agent receives legal documents, tax notices, and official government correspondence on behalf of your LLC.

What taxes does a Mississippi LLC pay?

Does Mississippi require an operating agreement for LLCs?

While not all states legally require an operating agreement, it is strongly recommended for every LLC in Mississippi. An operating agreement defines ownership structure, member roles, and how the business will be managed. Without one, your LLC will be governed by Mississippi's default LLC laws.