What an LLC Costs in Mississippi
The Mississippi LLC filing fee, the annual report fee, any state franchise or minimum tax, and other required costs, from the official state sources.
Short answer: The filing fee for a Certificate of Formation of a Mississippi LLC is $50. Miss. Secretary of State, Services & Fees Schedule (Limited Liability Companies)
| LLC filing fee | The filing fee for a Certificate of Formation of a Mississippi LLC is $50. Fee from the Secretary of State's Services & Fees Schedule (revised October 2024). |
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| Annual report | Under Mississippi law, all limited liability companies operating in Mississippi must file an Annual Report with the Secretary of State. The report can be filed on or after January 1 and is due by April 15 of that year, and it must be filed online. There is no fee for the annual report of a Mississippi LLC; the annual report of a foreign LLC is $250. Failure to file the annual report may result in administrative dissolution; reinstatement of a Mississippi LLC costs $50 (foreign LLC $100). |
| State franchise or minimum tax | For Mississippi income tax purposes, an LLC is classified the same way it is classified for federal income tax purposes: an LLC treated as a partnership files as a pass-through entity, and an LLC treated as a corporation files as a corporation for Mississippi income and franchise tax purposes. Mississippi's franchise tax on corporations is $0.50 per $1,000 of capital employed in excess of $100,000 (or assessed property values in the state, if greater) for tax years beginning in 2026, falling to $0.25 per $1,000 for tax years beginning in 2027; the minimum franchise tax is $25. |
Where to get help in Mississippi
More Mississippi starting an llc & small business
- LLC Annual Report in Mississippi
- Registering a DBA (Assumed Name) in Mississippi
- All Mississippi starting an llc & small business rules
FAQ
How much does it cost to form an LLC in Mississippi?
The filing fee for a Certificate of Formation of a Mississippi LLC is $50.
Does an LLC have to file an annual report in Mississippi?
Under Mississippi law, all limited liability companies operating in Mississippi must file an Annual Report with the Secretary of State. The report can be filed on or after January 1 and is due by April 15 of that year, and it must be filed online. There is no fee for the annual report of a Mississippi LLC; the annual report of a foreign LLC is $250. Failure to file the annual report may result in administrative dissolution; reinstatement of a Mississippi LLC costs $50 (foreign LLC $100).
What state taxes does an LLC pay in Mississippi?
For Mississippi income tax purposes, an LLC is classified the same way it is classified for federal income tax purposes: an LLC treated as a partnership files as a pass-through entity, and an LLC treated as a corporation files as a corporation for Mississippi income and franchise tax purposes. Mississippi's franchise tax on corporations is $0.50 per $1,000 of capital employed in excess of $100,000 (or assessed property values in the state, if greater) for tax years beginning in 2026, falling to $0.25 per $1,000 for tax years beginning in 2027; the minimum franchise tax is $25.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.