Business Formation / LLC Mississippi

How Much Does It Cost to Start an LLC in Mississippi?

📝 Initial Formation Costs

• Certificate of Formation: $50 (mandatory)
  This one-time fee is required to officially register your LLC with the Mississippi Secretary of State. 

• Credit Card Processing Fee: $4 (if applicable)
  When filing online, a $4 processing fee is added to the $50 filing fee. 

• Name Reservation (Optional): $25
  If you wish to reserve your desired LLC name before filing, you can do so for 180 days. 

• Assumed Name (DBA) Registration (Optional): $25
  If you plan to operate under a different name than your LLC's legal name, you'll need to file for an assumed name.

🔄 Ongoing Annual Costs

• Annual Report: $0 (mandatory)
  Mississippi requires LLCs to file an annual report, but there is no fee if filed on time. 

🛡️ Additional Optional Costs

• Registered Agent Service: $0–$300/year
  You can act as your own registered agent at no cost, or hire a service for privacy and convenience.

• Operating Agreement: $0–$500
  While not required, drafting an operating agreement is recommended to outline the management structure and operating procedures of your LLC.

• Employer Identification Number (EIN): $0
  Obtaining an EIN from the IRS is free and necessary for tax purposes.

💰 Estimated Total Costs

• Minimum Startup Cost: $50
  (Filing Certificate of Formation)

• Typical Startup Cost with Optional Services: $75–$579
  (Including name reservation, DBA registration, and registered agent service)

• Annual Maintenance Cost: $0–$300
  (Annual report plus optional registered agent service)

📌 Additional Considerations

• Business Licenses and Permits: Costs vary depending on your business type and location. Check with local city or county governments for specific requirements.

• State Taxes: Mississippi LLCs are generally pass-through entities for tax purposes, but you may be subject to state income tax, sales tax, or other taxes depending on your business activities.

• Federal EIN: Obtaining an Employer Identification Number (EIN) from the IRS is free and necessary for tax purposes.

🛑 What additional costs am I responsible for?

In addition to our fee, you will be potentially responsible for the costs of some or all of the items below if applicable.

1. Licenses 
   
2. Filing Fees
3. Reports
4. Name Reservations
5. Articles of Organization