Form your company in Mississippi

Why form an LLC in Mississippi?

Mississippi makes sense mainly if you live in or physically run your business from the state. A remote or non-US founder gains nothing here over Wyoming or New Mexico and takes on a state income tax.

A quick reminder from us: forming in a state where you do not actually operate usually means you still have to register (foreign-qualify) in your home state, often with little or no tax benefit. If you are unsure, tell us how you plan to operate and we will recommend the right fit — free.

Costs and fees

The Mississippi Secretary of State charges roughly $50 to file Articles of Organization, with an ongoing state cost of about None (free annual report due Apr 15). No franchise tax on LLCs; Mississippi levies a personal income tax (approximately a flat 4.4% for 2025) on MS-source income. State fees are paid directly to the state and are separate from our service fee.

• Filing fee: $50 (approximate)
• Ongoing state cost: None (free annual report due Apr 15)
• Typical processing time: Same day online

Taxes and privacy

Personal state income tax in Mississippi: Yes. Owner privacy on the public record is generally rated medium.

Your federal tax obligations (and your EIN) are the same regardless of the state you choose — a single-member LLC is taxed as a pass-through by default, and we can obtain your EIN even if you do not have an SSN.

Pros of forming in Mississippi

• Low $50 one-time Certificate of Formation fee
• Annual report is required but carries no state fee for domestic LLCs
• Online filing through business.sos.ms.gov is fast, typically same day
• Member/manager names are not required on the public Certificate of Formation
• No franchise tax on LLCs

Things to weigh

• Personal state income tax applies to MS-source income (roughly a flat ~4.4% on income above the exemption for 2025)
• The annual report, though free, is mandatory every year by April 15 or the LLC risks administrative dissolution
• No real advantage for non-residents versus Wyoming/New Mexico
• Registered agent and principal office are on the public record

Banking for your Mississippi LLC

Forming in Mississippi does not limit US business banking. Fintechs like Mercury, Relay, and Wise onboard MS LLCs the same as any state, and there is no MS-specific banking rule; expect standard KYC (EIN, formation docs, beneficial-owner ID).

Whichever state you choose, we prepare the documents banks ask for and can obtain your EIN even without an SSN. Bank and provider approval is always their decision — we are not affiliated with any bank.

Is Mississippi right for you?

Best for: Founders actually operating in Mississippi. If you operate physically in Mississippi, forming here keeps things simple. If you are a remote or non-US founder without a specific reason to choose Mississippi, a low-cost, privacy-friendly state like Wyoming or New Mexico is often the better default.

Not sure? Start your application and we will confirm the best state for your situation before anything is filed.