How to Form an LLC in Mississippi
Everything you need to form a Limited Liability Company in Mississippi (MS). Filing fee: $50 | Processing time: 5-7 business days
Filing Fee
$50
Annual Report
$0 (no annual report required)
Processing Time
5-7 business days
Online Filing
Yes
State Income Tax
0% to 5% individual income tax; 5% corporate income tax
Steps to Form an LLC in Mississippi
1
Check LLC name availability with the Mississippi Secretary of State
2
Designate a registered agent in Mississippi
3
File a Certificate of Formation with the Mississippi Secretary of State
4
Pay the $50 filing fee
5
Obtain an EIN from the IRS
6
Draft an Operating Agreement
7
Register for state tax accounts as needed
Pros of Forming in Mississippi
- ✓Low $50 filing fee
- ✓No annual report requirement for LLCs
- ✓Lowest cost of living in the US
Cons of Forming in Mississippi
- ✗State income tax applies to LLC earnings
- ✗Smaller consumer market and business ecosystem
- ✗Limited access to major metro amenities and talent pools
Best For
Small businesses and sole proprietors seeking the lowest possible costs with no annual maintenance requirements.
Calculate Your Mississippi LLC Costs
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