Forming a Mississippi LLC: $50 to Start, $0/Year to Maintain

Mississippi makes it cheap to form and maintain an LLC. The state charges $50 to file your Articles of Organization, and the annual report is free. No franchise tax for LLCs either. Here is the full process from start to finish.

Why a Mississippi LLC?

An LLC shields your personal assets — bank accounts, home, car — from business debts and lawsuits. If something goes wrong in the business, creditors generally cannot reach your personal wealth, provided you keep business and personal finances properly separated.

Mississippi LLCs get pass-through taxation by default. Business income shows up on your personal tax return. No separate corporate tax filing. No double taxation.

Popular use cases: small businesses, freelancers, rental property owners, consultants, online sellers, and side businesses that are growing beyond hobby status.

The Costs

Total first-year cost with our agent service: $149. Ongoing annual cost: $99 (just the agent — the report is free). Mississippi is one of the cheapest states in the country for LLC maintenance.

Step-by-Step Formation

1. Name Your LLC

Must include "Limited Liability Company," "LLC," or "L.L.C." Must be distinguishable from all other entities on file with the Secretary of State. Search the Mississippi business database at sos.ms.gov before settling on a name.

2. Choose a Registered Agent

Mississippi requires a registered agent with a physical street address in the state. PO boxes are not allowed. The entity itself cannot serve as its own agent — you need either an individual or a separate commercial agent.

We provide this for $99/year. Our Mississippi address goes on your filings, keeping your personal address private.

3. File Articles of Organization

Submit to the Mississippi Secretary of State with your $50 fee. Include:

• LLC name
• Principal business address
• Registered agent name and physical address
• Management type (member-managed or manager-managed)
• Organizer information
• Duration (perpetual is standard)

File online at sos.ms.gov for fastest processing. Standard turnaround is 5 to 10 business days.

4. Create an Operating Agreement

Not filed with the state, but crucial for multi-member LLCs and recommended for single-member ones too. Covers ownership splits, profit distribution, voting rights, and exit procedures. Banks ask for it when you open a business account.

5. Get an EIN

Apply free at IRS.gov. Takes about 10 minutes. You get your number instantly. Required for opening a bank account, hiring employees, and filing federal taxes.

6. Open a Business Bank Account

Separate bank account, separate finances, separate records. This is what preserves the liability shield. Commingling personal and business money gives courts a reason to hold you personally responsible for business debts.

Keeping Your LLC Active

After formation:

• File your annual report by April 15 each year ($0 fee)
• Maintain a registered agent with a Mississippi address at all times
• Keep finances separated
• Handle state and federal tax obligations

Miss the annual report or let your agent lapse, and the Secretary of State can administratively dissolve your LLC.

Our Role

We are your registered agent. $99/year puts our physical Mississippi address on your formation documents. We scan and forward all documents the same day they arrive. We remind you before the April 15 annual report deadline. Your home stays off the public record.

Enroll Today — $99/yr