Mississippi LLC registration form [New Research]

Last updated : Sept 1, 2022

How much is the LLC fee in Mississippi?

To form an LLC in Mississippi, you need to file a Certificate of Formation with the Mississippi Secretary of State and pay the $50 filing fee.

How do I register my business with the state of Mississippi?

Companies may register online at www.DOR.ms.gov.

How long does it take to get an LLC in Mississippi?

Online filings: In total, online filing approvals for Mississippi LLCs take 1-2 days. Since you can download your documents as soon as they're approved, there is no extra transit time.

How much does it cost to register your business in Mississippi?

In many states, it's more expensive to incorporate a business into a corporation than it is to form an LLC. However, in Mississippi, the Articles of Incorporation (the document that officially registers a corporation in the state) has the same filing fee as the Articles of Organization: $50.

How much does an EIN cost in Mississippi?

Plus, getting an EIN is free and takes just 10 minutes online.

Is a business license required in Mississippi?

While Mississippi doesn't require every business to get a business license, local counties and cities may if you operate within their area. The state does require all retail establishments and some service providers to obtain a Sales and Use Tax permit.

Is business ID same as Ein?

If you operate a business the IRS may require you to obtain an Employee Identification Number (EIN), which is also referred to as your business tax ID number. Each EIN is unique in the same way that your Social Security number is.

How do I get an EIN number in Mississippi?

Once you determine that your small business needs a Mississippi state tax ID, the most convenient channel to apply is online. You can complete the online application in a matter of minutes, then wait a few days to a few weeks for the application to fully process.

How do I find my Mississippi tax ID number?

If you've run payroll in Mississippi in the past, you can find your Tax Account ID Number and Withholding Filing Status by: Reviewing notices that you've received from the Mississippi Department of Revenue or; Calling the agency at (601) 923-7700.

What do I need for a LLC in Mississippi?

1. Name Your Mississippi LLC.
2. Choose Your Registered Agent.
3. Prepare and File Certificate of Formation.
4. Receive a Certificate from the State.
5. Create an Operating Agreement.
6. Get an Employer Identification Number.

What is the downside of an LLC?

Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Many states also impose ongoing fees, such as annual report and/or franchise tax fees. Check with your Secretary of State's office.

How are LLCs taxed in Mississippi?

No Corporate/Franchise Taxes Mississippi does not impose any corporate or franchise tax on LLCs. The only taxes owed on the LLC's revenue is the personal income tax paid by the members.

How much does an LLC cost?

You can file the LLC filing documents online, by mail, or in-person when visiting the local SOS office. The filing costs usually vary from $50 to $150 which is a single-time fee. If you plan to form your company in another state, then you might have to provide additional documentation and pay a higher formation fee.

How much does it cost to file an annual report in Mississippi?

How much does it cost to file an annual report in Mississippi? Annual report filing is free for domestic LLCs, $250 for foreign LLCs, and $25 for corporations. If you need to update your registered agent or business name, you may also file an amendment for an additional $50.

What income is not taxable in Mississippi?

For 2022, the first $5,000 of taxable income is exempt, but the first $10,000 is exempt beginning in 2023. Plus, the tax rate on taxable income above $10,000 is gradually reduced starting in 2024. Seniors will also like the fact that most retirement income is exempt from Mississippi tax.

Do I need to register as a business?

Put simply, if you are making money from your hobby or side hustle, then you'll need to register as a business with HMRC, even if you work from home and don't have business premises. You need to register when: Any trading or professional business activity takes place. Goods or services are bought or sold.

Is an EIN number free?

Applying for an Employer Identification Number (EIN) is a free service offered by the Internal Revenue Service.

How do I go about getting a business license?

1. Form Your Business Entity. You'll need a business license in the name of your business.
2. Apply for an Employer Tax Identification Number.
3. Determine Which License(s) You Need.
4. Apply for a Business License.
5. Renew Your Business License.

How much is a vendor license in Mississippi?

Once you have filled out the application, visit the Treasury Department located on the 1st floor to pay any applicable fees and return to the 2nd floor to receive a stamp. The fee is $250+ bond.

How do I find out if a business name is taken in Mississippi?

The quickest way to find out if your business name is available in Mississippi is to head to the Mississippi Secretary of State website. Once there, you can type your business name into the search bar.

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Write a comment

hey there guys my name is marcus and in this video i'm going to show you step-by-step process how we can form an llc in mississippi so let's start the first thing you want to do is just scroll down below to the description and click on the link when you will do it you will get on this site called legalzoom legalzoom is amazing website which is going to help you like create your llc and why do i recommend illegalzoom not only because it's amazing service but when i what i'm seeing right now is that plenty of entrepreneurs who are starting out they are all micromanaging all the accounting all the legal stuff of all the business administration and they are not actually focusing on the business and generating revenue and increasing the sales etc so legalzoom is going to help you a lot right now so click here on llc and when you're gonna do it you want to call your llc some name that you created check availability then you just write here your state mississippi right click search and when you're going to do it let's wait it's going to like check if you can actually nice it's available now you just add here your email address and get my llc now right here when do you want to actually launch let's go with the zoom and when you got it let's go continue and is stones company our first llc or if it's no i'm going to press that yes it's my first llc and what will stone's company do you just want to write here e-commerce or just something that you're gonna do actually like e-commerce or i don't know let's say construction or floor is consulting travel click continue will stones company have an employee in the first year i'm not going to have but if you're going to have presius i'm going no and then essential services for stone's company by law you will require a registered agent so yes and also you need to have some legal documentation the first essential service is a registered agent and you can do it with legalzoom or you can appoint a different registered agent i recommend going with your legalzoom because they will work everything for you and then you're gonna see right here you have three options here you can go with the operating agreement then you can go like operating agreement plus n or operating agreement ein and licenses let me show you if you're gonna choose the iron is really important because without it you can file taxes or open a bank account but i recommend going with the middle one or the last one only because um they're going to cover everything for you so let's just go with the middle one and lego zoom is going to offer you two point of like two services here additional services you can go with a 30 minute with consultation consultation with the independent attorney about tax issue legal issue for 40 bucks a month but you don't need to have it actually or then you can have a total compliance here and what this means that they're going to set up everything for you to stay compliant taking care of annual report fillings and formalities and if they miss anything they're going to pay a finer penalty so that's huge now you can simply click click take my included trial or no thanks and what you're going to do here you need to choose a package here so we can go with the economy version which is 80 a day well like 80 or you can go with the express gold which is going to be 350 you're gonna have your company in 10 business days and then what you can do is seven days a week lifetime customer support and they will help you whenever you need so this in this way express gold is amazing but of course you can choose economy it's up to you right then you can also open a checking account in bank of america but you don't need to and right here you can see that it's going to cost us 558 with everything but still you can change the raid economy the llc package and it's going to cost like 300 right now or you can simply change back to express gold and continue checkout and then you just add your first name last name address and everything and you're well done and you get to go and you have your own llc so they'll just send you the email you send them some informations and that's pretty much it so if you have any questions guys ask me down in comments i'm really happy to help you and this is the most important thing so focus on actually creating business focus on effective processes in what way i'm better comparing to yesterday me in what way i was more effective comparing it to yesterday you want to play or plan your days in advance to be more effective and that's pretty much it so thank you very much everybody for watching and have a great day and goodbye see ya

Thanks for your comment Marcus Guilbert, have a nice day.
- Aisha Montierth, Staff Member

Thanks for this interesting article

Thanks Fornacau your participation is very much appreciated
- Aisha Montierth

About the author

Aisha Montierth

I've studied museology at Kutztown University of Pennsylvania in Kutztown and I am an expert in data management. I usually feel mad. My previous job was professional sports scout I held this position for 26 years, I love talking about pickleball and basketball. Huge fan of Chris Young I practice billiards and collect police memorabilia.