Mississippi LLC Cost

The minimum cost to start an LLC in Mississippi is $54, which includes the filing fee for your LLC formation document (known as the Certificate of Formation) and a $4 credit card processing fee.

However, the total expense involved in creating a Mississippi LLC can vary based on your specific business needs and choices.

In our Mississippi LLC Cost guide, we've detailed all the costs you might incur when setting up and maintaining an LLC in this state.

More than 84% of our readers form their LLC through a professional service to save time and avoid mistakes.

Northwest ($29 + State Fees)

How Much Does a Mississippi LLC Cost

The table below outlines the key requirements for forming a Mississippi limited liability company (LLC) and their associated fees.

	LLC Cost Summary
Requirement	Fee
Certificate of Formation	$54+
Registered Agent Fee	$0-$130+
LLC Name	$0-$50

Mississippi LLC Filing Fee ($54+)

To legally establish your LLC in Mississippi, you must file the appropriate document with the Mississippi Secretary of State:

• Domestic LLCs: Must file a Certificate of Formation
• Foreign LLCs: Must file an Application for Foreign Registration Statement

Both of these documents carry a filing fee of $50, with an additional $4 charge for credit card processing.

If you opt to use an LLC formation service, the total cost will be slightly higher, as it will include the service provider’s fee on top of the state filing fees.

LLC formation service costs can vary widely but generally start at around $29, increasing if you add more features — such as an EIN or business bank account. 

Have a look at our in-depth review of the best and most affordable LLC Formation Services in 2024. 

Mississippi Registered Agent ($0+)

As part of completing your Mississippi LLC Certificate of Formation or Foreign Registration Statement, you will need to appoint a registered agent.

This individual or business entity is responsible for receiving important legal, tax, and governmental documents on behalf of your Mississippi LLC, and will need to be physically present at their registered office during normal business hours.

While you can act as your own registered agent without incurring any additional cost, hiring a professional service is often recommended in order to avoid potential non-compliance. 

A professional registered agent service also helps keep your personal information private, as you will be able to use your service’s business address instead of your own in your LLC’s public records.

The cost of such services typically ranges between $130 and $300 per year, although this will depend on the provider in question. 

Mississippi LLC Name ($0-$50)

When setting up your Mississippi LLC, you'll need to choose a unique name that is available for use.

While registering a name itself doesn’t involve a cost, there are two potential expenses related to securing your LLC’s name.

Reserving a Name

If you’ve found the perfect name for your LLC but aren't quite ready to move forward with your business’s formation just yet, you can reserve it by submitting a Name Reservation form to the Mississippi Secretary of State.

This reservation costs $25 and will secure your chosen name for 180 days. If you need more time, you can renew the reservation for an additional $25.

Before reserving a name, it’s advisable to perform a Business Entity Search on the Mississippi Secretary of State’s website in order to confirm that your desired LLC name is available.

You should also check that a matching domain is not already taken, as this helps maintain consistency in your LLC’s online presence. 

Doing Business As (DBA) Name

If you plan to operate your Mississippi business under a name other than its legal one, you’ll need to register a Doing Business As (DBA) name, which is also known as a Fictitious Business Name in Mississippi.

Registering a fictitious business name costs $25 and is done by filing a Fictitious Business Name Registration with the Secretary of State.

Note: Your DBA name will be valid until December 31 of the fifth year following its registration. You’ll need to renew it before this date, which also costs $25.

Optional Mississippi LLC Formation Costs

In addition to the common fees mentioned above, there are a few additional costs that you might encounter depending on your LLC’s specific circumstances and needs. 

Mississippi LLC Operating Agreement 

While not legally required, having an operating agreement is highly recommended for Mississippi LLCs.

This is an internal document — that does not need to be filed with the Secretary of State — and which outlines the roles and responsibilities of all members and/or managers.

This can help both avoid and solve potential disputes in the future. 

Local Business Licenses

Depending on your location and business activities, your LLC might need to obtain a certain local business license in order to operate legitimately.

For instance, if you plan to operate a peddling business in Algoma, you’ll need to acquire a Peddler’s Permit, which costs $100.

Note: The contact information for your LLC’s relevant county officials can be found on the Mississippi Association of Supervisors website.

Certificate of Existence

A Certificate of Existence is often necessary to open a business bank account or to satisfy lenders that your LLC is properly registered and authorized to conduct business in Mississippi.

You can request this certificate through the Mississippi Secretary of State’s Business Services portal for a $25 fee.

While it’s possible to submit this request by mail, online submissions are processed much more quickly, and so are recommended. 

Certified Copies of Business Documents

If your LLC requires certified copies of important business documents, these can be obtained electronically through the Mississippi Secretary of State’s website. 

The fee for this is $10 plus an additional $1 per page.

Ongoing Costs to Maintain a Mississippi LLC

There are a few ongoing expenses that you’ll need to cover annually in order to maintain your Mississippi LLC.

We’ve delineated the two most common ones below.

File an Annual Report

To maintain your LLC’s good standing, you’ll need to file an annual report with the Mississippi Secretary of State by April 15 each year. This report keeps the state’s records updated with your business’s current information.

Filing the annual report is typically done online through the Mississippi Secretary of State’s website. You’ll need to access the “Business Filings” section and enter your LLC’s ID number to find the form.

The report will include information from previous filings, which you must review and update as needed. A $25 filing fee is required to submit the report.

Note: If you don’t know your LLC’s ID number, you can find it by searching for your business entity on the Mississippi Secretary of State’s website.

Registered Agent Maintenance

If you choose to use a professional registered agent to handle your legal documents, you’ll need to pay an annual fee for their services. 

The cost of this service varies, but is generally between $125 and $300 per annum. 

Even though this is not required, we generally recommend new business owners to hire a third-party service in order to save time, ensure compliance, and protect their personal information.

Ready to Get Started?

Have a look at our LLC Mississippi Guide (DIY Approach)

Let Northwest Registered Agent handle it for you ($29 + State Fees) 

Mississippi LLC vs Other States

Mississippi is one of the most cost-effective states for forming an LLC, with a minimal upfront cost of $54 and no annual fees.

Having said that, it's important to note that the best state to form your LLC in is generally the one where you plan to operate from. 

This simplifies legal compliance, including taxation and licensing, as you'll only need to follow one state’s regulations.