How much does it cost to start an LLC in Mississippi in 2026?

Forming an LLC in Mississippi requires a one-time initial filing fee of $50 paid to the Mississippi Secretary of State. When accounting for standard registered agent compliance ($39-$125/yr), expect initial Year 1 costs to be approximately $89.

What are the annual recurring fees for a Mississippi LLC?

Mississippi charges an annual report fee of $0 filed on a none basis (due April 15 annually). There is no state franchise tax on standard LLCs in Mississippi.

What is the true 5-year cost of maintaining a Mississippi LLC?

Over 5 years, the true cost of a Mississippi LLC is approximately $245. This includes initial formation ($50), recurring none reports ($0), statutory franchise taxes, and compliance support.

Can I form an out-of-state LLC (e.g. Wyoming or Delaware) if I live in Mississippi?

While you can legally form an entity in Delaware or Wyoming, if your principal place of business, employees, or operations are located in Mississippi, you must register as a Foreign LLC in Mississippi. In Mississippi, the foreign qualification filing fee is $250 plus ongoing maintenance of $0/year, often resulting in double fees.

Verified 2026 Statutory Guide

Mississippi LLC Cost Calculator & 5-Year Taxes

Initial state filing fee: $50. Ongoing annual report fee: $0 (none). No state franchise tax.

Compare Mississippi vs Others

Direct Answer • 2026 Official Fee Schedule

Starting an LLC in Mississippi costs $50 for the one-time Articles of Organization filing fee, plus $0/yr in recurring none report fees. Over 5 years, maintaining a Mississippi LLC costs an estimated $245.

Initial State Filing$50One-time payment

Annual Report$0Due April 15 annually

Franchise Tax$0none

Registered Agent$39–$125Annual service

Statutory Department: Mississippi Secretary of State

Verify on State Website (.gov)

Mississippi LLC 5-Year Cost Model

Adjust parameters below to model state filing fees, recurring franchise taxes, and compliance overhead.

Popular:

1. State of LLC FormationInitial: $50

Approval speed: 1-2 business days online•Public Privacy: Standard

2. Where do you conduct business?

If you reside or hire employees in a different state from your LLC, that state requires Foreign Qualification registration.

3. Estimated Annual Gross Revenue$150,000

Mississippi Tax Rule: Mississippi franchise tax is being fully phased out (0% effective 2028, negligible currently).

4. Registered Agent ServiceMandatory by law

5. Expedited State Processing

Standard Processing (Included)

Mississippi already processes online filings within 1-3 business days.

Deciding where to incorporate?

Compare Mississippi vs Wyoming & Delaware →

Year 1 Setup Cost

$89

Initial formation fee ($50) + registered agent

Annual Maintenance

$39 /yr avg

No annual report fee

5-Year True CostAll Hidden Fees Included

$245(~$4/mo)

Total 5-year statutory commitment to maintain legal compliance in Mississippi.

5-Year Cost Trajectory & Fee Composition(Click any year to inspect)

Notice how initial filing fees are often dwarfed by recurring franchise taxes and maintenance.

Inspecting: Year 1 ($89)

$89

Year 1Formation

$39

Year 2Renewal

$39

Year 3Renewal

$39

Year 4Renewal

$39

Year 5Renewal

State Formation & Expedited

Franchise & Entity Taxes

Annual / Biennial Reports

Special Mandates (Publication, etc.)

Registered Agent Compliance

Home State Foreign Qualification

Year 1 Itemized Line Items

Total: $89

State Filing$50

Franchise Tax$0

Annual Report$0

Special / Pub$0

Registered Agent$39

Foreign Qual.$0

5-Year Budget Allocation by Cost Category

Total State Filings

$50

20% of 5-yr budget

Total Franchise Taxes

0% of 5-yr budget

Annual / Biennial Reports

0% of 5-yr budget

Registered Agent Service

$195

80% of 5-yr budget

Publication / Mandates

0% of 5-yr budget

Recommended Business BankingFDIC Insured up to $5M

Open a zero-fee business checking account for your Mississippi LLC

Separate your business finances immediately to preserve limited liability corporate veil protection.

Explore Mercury ($0 Monthly Fees)

Mississippi LLC Statutory Framework & Compliance Guide (2026)

Statutory requirements and fee schedules under the Mississippi Secretary of State.

Official State Portal (.gov)

Annual Report Due DateApril 15 annuallyFrequency: NONE

Normal Turnaround1-2 business days onlineExpedited: Fast / Included

Public Record PrivacyStandardRegistered agent protects personal address

State Personal Income Tax4% to 5%LLC pass-through profits flow to owners

Mississippi Franchise Tax & Business Privilege Tax Rules

Mississippi franchise tax is being fully phased out (0% effective 2028, negligible currently).

Advantages of a Mississippi LLC

$50 initial filing fee
$0 annual report fee
Low corporate regulatory burden

Drawbacks & Hidden Costs

$250 fee for foreign entities registering to do business

Founder Pro-Tip for Mississippi

Annual report is filed online for free between January 1 and April 15.

Step-by-Step Mississippi LLC Formation Checklist (2026)

Choose an Available Entity Name

Must include "LLC", "L.L.C.", or "Limited Liability Company" and be distinguishable on the Mississippi Secretary of State registry.

Appoint a Mississippi Registered Agent

Must have a physical street address in Mississippi (no P.O. boxes) to receive official service of process during regular business hours.

File Articles of Organization ($50 State Fee)

Submit electronically to the Mississippi Secretary of State. Approval is typically granted within 1-2 business days online.

Execute an Operating Agreement & Obtain Federal EIN

Establish member capital contributions, voting rights, and obtain a free 9-digit EIN from IRS.gov for business checking accounts.

Maintain Ongoing Legal Good Standing (April 15 annually)

Submit the none report with the $0 fee to prevent automatic forfeiture or late fee assessments.

Compare Mississippi with Rival & Neighboring States

Evaluating formation options? Review fee structures in competing jurisdictions:

Filing: $100

Filing: $110

Filing: $300

Filing: $70