Mississippi LLC Requirements

Each state has different requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation.

Cost to form a Mississippi LLC

At BizFilings, we clearly outline our fees and the Mississippi state fees. When you view our pricing to form an LLC you plainly see:

• BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
• State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Mississippi with standard turn-around.
• Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
• Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Certificate of Formation.

LLC Name

The LLC name must end with "Limited Liability Company," "LLC" or "L.L.C." The word "Partner" or variations cannot be used in the name of an LLC. The word "Trust" also cannot be used. The name may not contain language stating or implying that the LLC is organized for a purpose other than the one permitted by the Certificate of Formation. The name cannot be the same as or deceptively similar to that of a domestic or foreign-qualified LLC.

Member/Manager information

The following are Mississippi’s requirements for the members/managers of LLCs:

• Minimum number. LLCs must have one or more members/managers.
• Residence requirements. Mississippi does not have a provision specifying where members/managers must reside.
• Age requirements. Directors must be at least 18 years old.
• Inclusion in the Certificate of Formation. Member/Manager names and addresses are not required to be listed in the Certificate of Formation.

Requirements for the Certificate of Formation

The document required to form an LLC in Mississippi is called the Certificate of Formation. The information required in the formation document varies by state. Mississippi's requirements include:

• Registered agent. LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in Mississippi. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.

Professional services businesses

Mississippi allows professionals, such as accountants, attorneys and physicians to form a professional limited liability companies (PLLCs)..

After forming a limited liability company (LLC) , you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for Mississippi LLCs.

LLC taxes and fees

The following are taxation requirements and ongoing fees for Mississippi LLCs:

• Annual report. Mississippi requires LLCs to file an annual report between January 1 and April 15 each year. There is no filing fee for this report.
• Taxes. For complete details on state taxes for Mississippi LLCs, visit Business Owner's Toolkit  or the State of Mississippi .
• Federal tax identification number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
• State tax identification number. Mississippi does not require a state tax identification number.

Business licenses

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

Additional Mississippi information

View the following additional resources BizFilings has for forming and maintaining companies in Mississippi:

• Mississippi Corporation Formation