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Mississippi LLC Annual Tax & Fee Calculator
Calculate your total costs for forming and maintaining an LLC in Mississippi. Very low filing fee ($50).
Need Registered Agent Service?
Required if no MS address
First Year Total
$50
One-Time Formation Costs
Annual Fees
No annual fee required in Mississippi
Very Low Ongoing Costs
Mississippi has some of the lowest LLC maintenance costs. Great choice for budget-conscious business owners.
Mississippi LLC Key Facts
Important information for Mississippi LLC owners
Very low filing fee ($50)
No annual fee
One of cheapest states
Growing business environment
Mississippi LLC Deadlines & Due Dates
Important dates for Mississippi LLC compliance
Annual Tax Due
April 15 (if applicable)
Annual Report
April 15 each year (no fee)
Processing Time
5-7 business days
Mississippi LLC Forms
Required forms for Mississippi LLC compliance
Mississippi LLC FAQ
Common questions about Mississippi LLC taxes and fees
LLC Formation and Annual Costs in Mississippi (2026)
Forming an LLC in Mississippi requires a $50 filing fee paid to the Mississippi Secretary of State. Mississippi requires an annual report but charges no fee for the filing.
| Fee Type | Amount | Frequency |
|---|---|---|
| Articles of Organization (filing fee) | $50 | One-time |
| Annual Report | $0 | Yearly |
| Registered Agent (optional, if using service) | $125/year | Yearly |
Your total first-year cost (filing fee + annual fee) is approximately $50. Ongoing costs are minimal ongoing costs.
Mississippi LLC Compliance Requirements
Maintaining your Mississippi LLC in good standing requires meeting several compliance obligations.
Annual Report: Mississippi LLCs must file an annual report by April 15 each year. There is no fee for this filing.
Registered Agent: Every Mississippi LLC must maintain a registered agent with a physical address in the state. The registered agent receives legal and tax documents on behalf of the LLC. You can serve as your own registered agent or hire a professional service (typically $125/year).
Operating Agreement: While Mississippi does not legally require an operating agreement, having one is strongly recommended. It defines ownership structure, member roles, profit-sharing, and management procedures for your LLC.
EIN (Employer Identification Number): All LLCs with more than one member, or that have employees, need an EIN from the IRS. Single-member LLCs without employees can use their Social Security number but obtaining an EIN is still recommended for banking and tax purposes. Applying is free through the IRS website.
Tax Treatment of Mississippi LLCs
Mississippi LLCs are classified as pass-through entities for federal tax purposes. A single-member LLC is treated as a disregarded entity (reported on Schedule C of the owner's personal return), while a multi-member LLC is taxed as a partnership (filing Form 1065 with K-1s issued to each member).
Mississippi taxes LLC income at personal income tax rates ranging from 0% to 5% (the first $10,000 of income is tax-free). LLC profits pass through to members and are reported on their personal Mississippi tax returns. Combined with no annual fee, Mississippi is one of the most affordable states for LLC ownership.
S-Corp Election: Mississippi LLCs can elect S-Corp tax status by filing IRS Form 2553. This can reduce self-employment taxes for profitable LLCs by splitting income between a reasonable salary (subject to payroll taxes) and distributions (not subject to SE tax). This election is typically beneficial when your LLC consistently earns over $40,000-$50,000 in annual profit.
Official Mississippi Resources
- Mississippi Secretary of State
Business filings
- Mississippi Department of Revenue
Tax information
Fees are subject to change. This calculator provides estimates based on current Mississippi law. Consult with a tax professional or attorney for advice specific to your situation. Fee information accurate as of January 12, 2026.