LLC Cost in Mississippi — Complete Breakdown
Everything you need to know about forming and maintaining an LLC in Mississippi.
Mississippi LLC Formation Costs
Good news: Mississippi does not charge an annual report fee for LLCs.
Detailed Cost Breakdown for Mississippi
| Cost Item | Amount |
|---|---|
| Articles of Organization (Filing Fee) | $50 |
| Annual Report / Franchise Tax | $0/yr |
| Registered Agent Service | $150/yr |
| Expedited Processing (optional) | +$50 |
| Operating Agreement (recommended) | $0 – $200 |
| EIN (Federal Tax ID) | Free (IRS) |
| Estimated First-Year Total | $200 |
Cost Comparison: Mississippi vs. Neighboring States
| State | Filing Fee | Annual Fee | Total 1st Year | vs. Mississippi |
|---|---|---|---|---|
| Mississippi | $50 | $0 | $200 | — |
| Tennessee | $300 | $300 | $750 | +$550 |
| Alabama | $236 | $0 | $386 | +$186 |
| Louisiana | $100 | $35 | $285 | +$85 |
| Arkansas | $45 | $150 | $345 | +$145 |
Frequently Asked Questions: Mississippi LLC
How much does it cost to start an LLC in Mississippi?
The state filing fee for an LLC in Mississippi is $50. Including a registered agent service (~$150/yr) and any annual report fees ($0), expect total first-year costs of approximately $200.
How long does it take to form an LLC in Mississippi?
Standard processing in Mississippi takes 5-7 business days. Expedited processing is available for an additional $50 and takes 24 hours.
Does Mississippi require a registered agent?
Yes, Mississippi requires all LLCs to maintain a registered agent with a physical address in the state. Professional registered agent services typically cost $150/year.
What are the annual costs of an LLC in Mississippi?
Annual LLC costs in Mississippi include the annual report/franchise tax fee of $0 and registered agent fees of approximately $150/year, for a total of about $150 per year after formation.
Can I be my own registered agent in Mississippi?
Yes, you can serve as your own registered agent in Mississippi as long as you have a physical street address in the state and are available during business hours to accept legal documents.