Filing fee: $50 · Agency: Mississippi Secretary of State
Processing time: 1 business day.
Annual report: Annual report required; no filing fee.
Franchise tax: Mississippi does not impose a franchise tax on LLCs unless the LLC elects to be taxed as a corporation. For LLCs taxed as corporations, the minimum franchise tax is $25, calculated at $2.50 per $1,000 of capital employed or assessed property values, whichever is greater.
Notes: Mississippi LLCs are pass-through entities by default and do not pay state income tax at the entity level. A registered agent with a physical Mississippi address is required.