Mississippi Entity Types Guide

Published: June 5, 2025 • Incorporation
Mississippi Entity Types Guide | Complete Guide to LLCs, Corporations & Business Structures
🌳 MISSISSIPPI
Mississippi Entity Types Guide

Complete guide to forming LLCs, corporations, nonprofits, and professional entities in Mississippi – with Magnolia State regulations and compliance requirements

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LLC Formation Fee
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Mississippi Entity Types – Overview

🌳 Welcome to Mississippi Business Formation

Mississippi offers a comprehensive menu of business entity types with competitive fees and streamlined online filing. Whether you’re launching a startup, managing a professional practice, or establishing a nonprofit, Mississippi provides modern business statutes with low formation costs and FREE annual reports for domestic LLCs.

Mississippi Business Entity Menu

The Mississippi Secretary of State Business Services Division recognizes the following business entity types:

Limited Liability Companies

  • Domestic LLC
  • Professional LLC (PLLC)
  • Foreign LLC (registered)
  • Single-member & multi-member

Corporations

  • Business Corporation
  • Professional Corporation (PC)
  • Nonprofit Corporation
  • Religious Corporation
  • S Corporation (tax election)

Partnerships

  • General Partnership
  • Limited Partnership (LP)
  • Limited Liability Partnership (LLP)
  • Limited Liability Limited Partnership (LLLP)

Sole Proprietorships

  • Fictitious Business Name (DBA)
  • No formal filing required
  • Full personal liability

Key Mississippi Business Framework

✅ Mississippi Statutory Framework:
  • Mississippi Code Title 79: Comprehensive corporations, associations, and partnerships framework
  • Chapter 4: Mississippi Business Corporation Act (for-profit corporations)
  • Chapter 10: Professional Corporations
  • Chapter 11: Mississippi Nonprofit Corporation Act
  • Chapter 13: Uniform Partnership Act (general partnerships)
  • Chapter 14: Mississippi Uniform Limited Partnership Act
  • Chapter 29: Revised Mississippi Limited Liability Company Act
  • Chapter 35: Mississippi Registered Agents Act
  • Chapter 37: Mississippi Entity Conversion and Domestication Act

Mississippi vs Other Jurisdictions

Factor Mississippi Delaware Texas
LLC Formation Fee $50 $90 $300
LLC Annual Report (Domestic) FREE $300/year None (PIR only)
Corp Formation Fee $50 $89 $300
Corp Annual Report $23.25/year $50/year + franchise tax None (PIR only)
Online Filing ✅ Yes ✅ Yes ✅ Yes

When to Choose Mississippi Formation

✅ Choose Mississippi When:

  • Operating a business physically located in Mississippi
  • Want FREE annual reports for domestic LLCs
  • Low formation fees are priority ($50 for most entities)
  • Real estate investments in Mississippi
  • Professional practice in Mississippi (law, medicine, etc.)
  • Want to leverage Pass-Through Entity (PTE) tax election
  • Prefer quick online processing (24-hour turnaround)

⚠️ Consider Delaware/Other States When:

  • Raising venture capital (VCs prefer Delaware C-corps)
  • Planning to go public (Delaware corporate law track record)
  • No physical Mississippi presence (may qualify as foreign entity)
  • Multi-state operations (consider operational headquarters state)
⚠️ Foreign Qualification Requirement:

If your business is formed in another state but conducts business in Mississippi, you must register as a foreign entity. Foreign registration fees are significantly higher:

  • Foreign for-profit corporation: $500
  • Foreign LLC: $250-$258
  • Foreign nonprofit corporation: $100
  • Annual reports: Foreign LLCs pay $250/year (vs FREE for domestic LLCs)

“Doing business” in Mississippi generally includes:

  • Having a physical office or location in Mississippi
  • Employing workers in Mississippi
  • Regular, ongoing sales or services to Mississippi customers
  • Owning or leasing real property in Mississippi for business purposes

Quick Comparison: Mississippi Entity Types

This table provides a high-level comparison of Mississippi’s business structures. Scroll horizontally on mobile devices.

Factor Sole Prop General Partnership LP LLP LLC Corporation Nonprofit PC/PLLC
Liability Shield ❌ None ❌ Joint & several ⚠️ GPs: none; LPs: limited ✅ Yes (except own acts) ✅ Yes ✅ Yes ✅ Yes ✅ Yes (except own malpractice)
Tax Default Schedule C Pass-through (K-1) Pass-through (K-1) Pass-through (K-1) Pass-through (or elect C-corp) C-corp (or elect S-corp) Tax-exempt (if 501(c) qualified) C-corp, S-corp, or pass-through
Formation Fee $0 $0 (if unregistered) $50 $250 $50 $50 $52.12 $50
Annual Report ❌ No ❌ No ❌ No ❌ No FREE (domestic) $23.25 $10 (or $20 biennial) FREE (PLLC) or $23.25 (PC)
Owner Restrictions 1 person only 2+ persons 1+ GP, 1+ LP 2+ partners 1+ members 1+ shareholders N/A (members/directors) Licensed professionals only
Best Use Cases Solo freelancers, minimal risk Small partnerships, low formality Real estate, passive investors Law/accounting firms Most small/mid businesses VC-backed startups, going public Charities, foundations Lawyers, doctors, CPAs, etc.
🌟 Mississippi’s Unique Advantage:

Domestic LLCs in Mississippi enjoy FREE annual reports, making ongoing compliance costs significantly lower than most states. This can save hundreds of dollars per year compared to states like Delaware ($300/year) or foreign LLCs in Mississippi ($250/year).

Mississippi Limited Liability Companies (LLCs)

📘 Mississippi LLC Law: Mississippi Code Title 79, Chapter 29 – Revised Mississippi Limited Liability Company Act

Mississippi has adopted a modern LLC statute with broad freedom of contract in operating agreements, allowing flexible management structures, distribution arrangements, and custom governance provisions.

Formation: Certificate of Formation

Mississippi LLCs are formed by filing a Certificate of Formation with the Mississippi Secretary of State Business Services Division.

Required Content for Mississippi Certificate of Formation

Requirement Details
LLC Name Must include “Limited Liability Company,” “LLC,” or “L.L.C.” and be distinguishable on state records
Principal Office Address Physical address (can be in or outside Mississippi)
Registered Agent Name and physical Mississippi street address (no PO boxes); agent must consent
Management Structure Member-managed or manager-managed (optional to specify)
Organizer Name and address of person forming the LLC
Effective Date Upon filing or specify future date

Filing Fees & Processing

Filing Method Fee Processing Time
Online Filing $50 Typically within 24 hours
Mail Filing $50 Longer processing time

Operating Agreement

📋 Operating Agreement (Strongly Recommended):

While Mississippi does not require you to file an operating agreement, having a written operating agreement is strongly recommended. The operating agreement governs internal operations and member relationships.

Key provisions to address:

  • Member capital contributions and ownership percentages
  • Profit and loss allocation (can differ from ownership percentages)
  • Management structure (member-managed vs manager-managed)
  • Voting rights and quorum requirements
  • Transfer restrictions and buy-sell provisions
  • Dissolution and liquidation procedures

Annual Reports

Entity Type Annual Report Fee Due Date
Domestic LLC FREE January 1 – April 15
Foreign LLC $250 January 1 – April 15
✅ Mississippi LLC Annual Report Advantage:

Domestic Mississippi LLCs file annual reports for FREE – one of the lowest ongoing compliance costs in the nation. Compare this to Delaware ($300/year), California ($20 + $800 franchise tax), or even foreign LLCs in Mississippi ($250/year).

Tax Treatment

LLC Type Default Federal Tax Can Elect
Single-member LLC Disregarded entity (Schedule C) C-corp or S-corp
Multi-member LLC Partnership (Form 1065, K-1s) C-corp or S-corp

Professional Limited Liability Companies (PLLCs)

Mississippi allows licensed professionals to form Professional LLCs (PLLCs) for the practice of their profession, governed by Mississippi Code Title 79, Chapter 29, Article 9.

Who May Form a PLLC

  • Architects
  • Dentists
  • Physicians
  • Certified Public Accountants (CPAs)
  • Attorneys
  • Engineers
  • Other licensed professionals (check with licensing board)

PLLC Requirements

Requirement Details
Members All members must be licensed in the SAME profession (single-profession requirement)
Managers If manager-managed, managers must be licensed professionals
Name Must end with “Professional Limited Liability Company,” “P.L.L.C.,” or “PLLC”
Formation Fee $50
Annual Report FREE (same as domestic LLC)
Liability No shield for own malpractice; PLLC protects from other members’ malpractice and general business debts

✅ When to Choose LLC/PLLC

  • Want liability protection with pass-through tax
  • Flexible management and profit allocation
  • Operating a small/mid-sized business or real estate holdings
  • Professional practice (if PLLC authorized for your profession)
  • Want FREE annual reports (Mississippi domestic LLC advantage)
  • Not raising venture capital or planning IPO

❌ When to Avoid LLC/PLLC

  • Raising venture capital (VCs prefer C-corps)
  • Going public (must be corporation)
  • Want to issue stock options/equity grants to employees
  • Your profession requires PC (not PLLC) per licensing board

Mississippi Business Corporations

📘 Mississippi Corporate Law: Mississippi Code Title 79, Chapter 4 – Mississippi Business Corporation Act

Flexible general business corporation statute supporting both closely held and widely held corporations, with detailed provisions on governance, shares, and fiduciary duties.

For-Profit Corporations

Formation: Articles of Incorporation

Corporations are formed by filing Articles of Incorporation with Mississippi Secretary of State.

Required Content for Articles of Incorporation

  1. Corporate name (must include “Corporation,” “Incorporated,” “Company,” “Limited,” or abbreviation: Corp., Inc., Co., Ltd.)
  2. Number of authorized shares (and classes/series if more than one)
  3. Registered agent name and Mississippi street address
  4. Principal office address
  5. Incorporator(s) name and address
  6. Director information (if initial directors named)

Filing Fee

  • Articles of Incorporation: $50
  • Processing: Online filings typically processed within 24 hours

Annual Reports

Requirement Details
Required? ✅ Yes
Annual Fee $22 + $1.25 e-filing fee = $23.25
Biennial Option $40 (file every 2 years instead of annually)
Due Date January 1 – April 15

Corporate Governance

  • Shareholders: Elect directors, approve major transactions
  • Board of Directors: Manage business and affairs; delegate to officers
  • Officers: CEO, CFO, Secretary, etc.; appointed by board
  • Bylaws: Required (not filed; kept in corporate records)
  • Meetings: Annual shareholder meetings recommended

Tax Treatment

Tax Election How It Works
C-Corporation (default) Entity-level tax on corporate income (4%-5% Mississippi corporate income tax); dividends taxed to shareholders (double taxation)
S-Corporation (election) Pass-through tax; income flows to shareholders on K-1; must meet IRS eligibility (≤100 shareholders, all U.S. individuals/estates/trusts, one class of stock)
💡 Mississippi Pass-Through Entity (PTE) Tax Election:

Mississippi offers a unique Pass-Through Entity Tax Election (enacted via HB1691 in 2022) that allows:

  • S corporations, partnerships, and LLCs to elect to be taxed at entity level
  • Owners can deduct their share of state income tax as a business expense
  • Workaround for federal $10,000 SALT deduction limitation
  • More than 50% voting owners must consent to election
  • Election made on Form 84-381, due by tax return due date

✅ When to Choose Corporation

  • Raising venture capital or planning IPO
  • Want stock options/equity incentive plans
  • Multiple classes of stock needed (preferred, common)
  • S-corp election for self-employment tax savings
  • Established corporate governance structure desired
  • Leverage PTE tax election for SALT deduction optimization

Consider Biennial Filing

  • Corporations can elect biennial filing ($40 every 2 years)
  • Saves time and reduces compliance frequency
  • Still maintains good standing
  • Reduces administrative burden

Professional Entities

📘 Mississippi Professional Corporation Law: Mississippi Code Title 79, Chapter 10 – Professional Corporations

Professional Corporations (PCs)

Mississippi authorizes Professional Corporations for licensed professionals who want corporate structure with professional practice limitations.

Who May Form a Professional Corporation

  • Accountants (CPAs)
  • Attorneys
  • Physicians and surgeons
  • Dentists
  • Architects
  • Engineers
  • Other licensed professionals (consult licensing board)

Formation & Ownership Restrictions

Requirement Details
Purpose PC must be organized solely for practice of licensed profession
Shareholders Only licensed professionals in same field (or entities composed of them)
Directors/Officers Must be licensed professionals
Name Must comply with licensing board rules (typically include profession or “P.C.”)
Filing Articles of Incorporation with professional designation
Filing fee $50
Annual report $23.25 (annual) or $40 (biennial)

Liability

🚨 No Malpractice Shield:

A professional corporation does not shield individual professionals from personal liability for their own malpractice or negligence. The PC limits liability for:

  • Other professionals’ malpractice
  • General business debts

Each professional remains personally liable for their own professional acts.

PC vs PLLC Comparison

Factor Professional Corporation (PC) Professional LLC (PLLC)
Structure Corporation LLC
Statute Title 79, Chapter 10 Title 79, Chapter 29, Article 9
Tax default C-corp (can elect S-corp) Pass-through (can elect C-corp/S-corp)
Formality High (board, bylaws, minutes) Medium (operating agreement)
Formation fee $50 $50
Annual report $23.25 (or $40 biennial) FREE
Liability shield Yes (except own malpractice) Yes (except own malpractice)
Best for Traditional firms; S-corp tax planning Modern firms; pass-through simplicity; FREE annual reports
✅ PLLC Annual Report Advantage:

Professional LLCs in Mississippi file annual reports for FREE, while Professional Corporations pay $23.25 annually. This ongoing cost savings can make PLLCs more attractive for many professional practices.

Partnerships

📘 Mississippi Partnership Law:
  • Chapter 13: Uniform Partnership Act (general partnerships)
  • Chapter 14: Mississippi Uniform Limited Partnership Act

General Partnership

Formation

  • No formal filing required: Partnership arises automatically when two or more persons carry on a business for profit as co-owners
  • Optional: File Statement of Partnership Authority or partnership agreement
  • Optional DBA: If doing business under name other than partners’ names ($25)

Liability

🚨 Joint & Several Liability:

Each partner is jointly and severally liable for all partnership debts and obligations. One partner’s actions can bind the entire partnership and expose all partners to personal liability.

Limited Partnership (LP)

Structure

  • General partners: Manage partnership; unlimited personal liability
  • Limited partners: Contribute capital; limited liability (capped at investment); no management control

Formation

Requirement Details
Filing Certificate of Limited Partnership
Fee $50
Annual Report Not required

Use Cases

  • Real estate investment partnerships
  • Private equity and venture capital fund structures
  • Family limited partnerships (FLPs) for estate planning
  • Oil & gas or natural resource investment structures

Limited Liability Partnership (LLP)

Formation

Requirement Details
Filing Statement of Qualification
Fee $250 (higher than most entity types)
Name requirement Must include “LLP,” “L.L.P.,” or “Limited Liability Partnership”
Annual Report Not required

Liability Protection

LLP partners are NOT personally liable for partnership obligations arising from errors, omissions, negligence, or misconduct of another partner or employee. Each partner remains liable for their own acts.

Best Use Cases

  • Law firms: Lawyers want protection from other partners’ malpractice
  • Accounting firms: CPAs shielded from co-partner negligence
  • Architecture/engineering firms: Professional liability isolation
  • Consulting firms: Professional services with multiple partners

Limited Liability Limited Partnership (LLLP)

Mississippi recognizes LLLPs – limited partnerships where even general partners have limited liability protection.

  • Formation: File as LP with LLLP designation
  • Benefit: All partners (GPs and LPs) have limited liability
  • Structure: Enhanced protection for general partners compared to traditional LP
✅ Partnership Entity Selection:
  • General Partnership: Minimal formality, but full personal liability – not recommended unless very small/low-risk
  • Limited Partnership: Passive investors (LPs) + active managers (GPs); common for real estate and funds
  • LLP: Professional service firms that want partnership tax treatment with liability protection
  • LLLP: Enhanced LP with liability protection for general partners
  • Consider LLC instead: For most small businesses, an LLC offers better liability protection, flexibility, and FREE annual reports

Nonprofit & Religious Corporations

Nonprofit Corporations

📘 Mississippi Nonprofit Corporation Law: Mississippi Code Title 79, Chapter 11 – Mississippi Nonprofit Corporation Act

Formation

Requirement Details
Filing Articles of Incorporation (nonprofit version)
Formation Fee $52.12
Annual Report $10 (annual) or $20 (biennial)
Due Date January 1 – May 15

Eligible Purposes

According to Mississippi Code Section 79-11-201, nonprofit purposes must be limited to one of:

  • Scientific
  • Literary
  • Preventing cruelty to animals/children
  • Religious
  • Educational
  • Testing for public safety
  • Fostering national/international amateur sports competition

Key Features

  • Non-stock structure: No shareholders; can have members or be non-member nonprofit
  • No profit distribution: Surplus must be used for exempt purposes, not distributed to directors/officers
  • Board of directors: Minimum of one director (though three or more recommended for 501(c)(3) applications)
  • Organizational meeting: Must occur within two (2) years of incorporation date per Mississippi Constitution Section 180
  • Dissolution: Upon dissolution, assets must go to another nonprofit or public use

Federal Tax-Exempt Status

⚠️ State Formation ≠ Federal Tax Exemption:

Forming a Mississippi nonprofit corporation does not automatically grant federal tax-exempt status. To obtain 501(c)(3) or other tax-exempt status:

  • File IRS Form 1023 (501(c)(3) application for charitable organizations) or Form 1024 (other exemptions)
  • Meet IRS requirements for charitable/exempt purposes, governance, and operations
  • Obtain IRS determination letter confirming exemption

Religious Corporations

Religious corporations are governed within Mississippi Code Title 79, Chapter 11 (Nonprofit, Nonshare Corporations and Religious Societies).

Formation & Special Status

Requirement Details
Filing Articles of Incorporation (religious corporation)
Formation Fee $52.12 (same as nonprofit)
Annual Report $10 (annual) or $20 (biennial)
Due Date January 1 – May 15
Charitable Solicitation Exempt from registration requirements

Key Benefits

  • Exemptions: Bona fide religious organizations need NOT register with Secretary of State for charitable solicitation purposes
  • 501(c)(3) status: Churches automatically qualify for 501(c)(3); no Form 1023 required (though EIN and determination letter still recommended)
  • Liability protection: Incorporation provides liability protection for members and directors

✅ When to Choose Nonprofit Corporation

  • Exclusively charitable, educational, or scientific purpose
  • Want 501(c)(3) tax-exempt status
  • Seeking foundation grants
  • No profit distribution to owners
  • Tax-deductible donations for donors

✅ When to Choose Religious Corporation

  • Forming a church, synagogue, mosque, or religious society
  • Want automatic 501(c)(3) qualification (churches)
  • Exempt from charitable solicitation registration
  • Religious mission and worship-focused activities

Formation Process & Fee Summary

Mississippi Filing Fees Summary

Service Fee Notes
LLC Certificate of Formation $50 Online or mail
Corporation Articles of Incorporation $50 For-profit corporation
Nonprofit Articles of Incorporation $52.12 Nonprofit/religious corporations
Professional Corporation $50 Same as for-profit corp
Professional LLC (PLLC) $50 Same as LLC
Limited Partnership Certificate $50 LP or LLLP
LLP Statement of Qualification $250 Convert GP to LLP
Foreign For-Profit Corporation $500 Significantly higher than domestic
Foreign LLC $250-$258 Register to do business in MS
Foreign Nonprofit Corporation $100 Register to do business in MS
Name Reservation $25 180 days
Fictitious Business Name (DBA) $25 Renewal every 5 years ($25)
Certificate of Good Standing $25 Per certificate
Certificate of Amendment $50 Amend formation documents
Certificate of Dissolution/Cancellation $25 Dissolve entity
Change of Registered Agent $10 Update registered agent

Annual Report Fees

Entity Type Annual Report Fee Biennial Option
LLC (domestic) FREE N/A
LLC (foreign) $250 N/A
PLLC (domestic) FREE N/A
Corporation (for-profit) $23.25 $40 (every 2 years)
Professional Corporation $23.25 $40 (every 2 years)
Nonprofit Corporation $10 $20 (every 2 years)
Religious Corporation $10 $20 (every 2 years)
Cooperative $10 $20 (every 2 years)
Limited Partnership Not required N/A
LLP Not required N/A

Step-by-Step Formation: LLC Example

Mississippi LLC Formation Checklist

  1. Choose LLC name (must include LLC/L.L.C. and be distinguishable)
  2. Check name availability on Mississippi Secretary of State website
  3. Optional: Reserve name ($25 for 180 days)
  4. Appoint registered agent (Mississippi resident or entity with MS address; agent must consent)
  5. Draft operating agreement (strongly recommended; not filed)
  6. File Certificate of Formation online ($50; typically processed within 24 hours)
  7. Obtain EIN from IRS (free, apply online at irs.gov)
  8. Open business bank account
  9. Register for Mississippi taxes if applicable (sales tax, corporate income tax for certain industries)
  10. File annual report (FREE for domestic LLCs; due January 1 – April 15 each year)
  11. Consider PTE tax election (Form 84-381 if beneficial for SALT deduction optimization)

Entity Conversion & Domestication (Chapter 37)

🔄 Mississippi Entity Conversion & Domestication Framework:

Mississippi Code Title 79, Chapter 37 provides a comprehensive framework for entity conversions and domestications, allowing businesses to:

  • Convert: Change entity type (LLC → Corp, Corp → LLC, LP → LLC, etc.) without dissolution
  • Domesticate: Move an out-of-state entity to Mississippi or vice versa
  • Preserve: Maintain contracts, licenses, and legal continuity through the conversion

These transactions are filed with the Mississippi Secretary of State using specific conversion/domestication forms.

Ongoing Compliance & Tax Considerations

Annual Compliance Requirements

Entity Type Annual Report Required? Fee Due Date
LLC (domestic) ✅ Yes FREE January 1 – April 15
LLC (foreign) ✅ Yes $250 January 1 – April 15
Corporation (for-profit) ✅ Yes $23.25 (or $40 biennial) January 1 – April 15
Nonprofit Corporation ✅ Yes $10 (or $20 biennial) January 1 – May 15
Religious Corporation ✅ Yes $10 (or $20 biennial) January 1 – May 15
Limited Partnership ❌ No N/A N/A
LLP ❌ No N/A N/A
⚠️ No Late Fees, But Administrative Dissolution:

Mississippi does not impose late fees for missed annual reports. However, failure to file triggers administrative dissolution procedures:

  • Secretary of State sends notification of delinquency
  • Business has 60 days from notification to file
  • Certificate of dissolution is signed if not filed within 60 days
  • Dissolution results in loss of legal status and good standing

Mississippi Tax Framework

Corporate Income Tax

Tax Type Details
Applicable Entities C corporations, S corporations doing business in Mississippi
Tax Rates Progressive: 4% to 5% (depending on income level)
Filing Requirement ALL corporations must file, even if inactive or not earning income
Form MS Form 83-3 (Corporate Income and Franchise Tax Return)
Estimated Payments Required if annual tax liability exceeds $200

Franchise Tax

Tax Component Details
Applicable Entities C corporations and foreign corporations doing business in Mississippi
Tax Rate $1.00 per $1,000 of capital employed value
Minimum Tax $25 annually
Calculation Basis Value in excess of $100,000 OR assessed property values in state (whichever is greater)
Filing Due with corporate income tax return (same return)

Pass-Through Entity Tax Election (PTE)

✅ Mississippi PTE Tax Election (HB1691 – Enacted 2022):

Mississippi offers a unique tax planning opportunity for pass-through entities:

  • Eligible entities: S corporations, partnerships, LLCs, foreign pass-through entities
  • Election mechanism: Entity elects to be taxed at entity level on Form 84-381
  • SALT deduction workaround: Allows owners to deduct state income taxes as business expense, bypassing $10,000 federal SALT limitation
  • Owner credit: Owners receive credit for PTE taxes paid on their individual returns
  • Consent requirement: More than 50% voting owners must consent to election
  • Deadline: Election made on or before tax return due date
  • Ongoing: Election continues until revoked

Sales and Use Tax

Tax Component Details
State Sales Tax Rate 7%
Total Rate (with local) 7%-8%+ (depending on location)
Who Must Register All in-state retailers; remote sellers with annual sales > $250,000 to MS customers
Registration Fee FREE
Registration Method Online through MS Department of Revenue Taxpayer Access Point (TAP)
Processing Time 2-3 weeks

Registered Agent Requirements (Chapter 35)

📘 Mississippi Registered Agents Act: Mississippi Code Title 79, Chapter 35

Core Requirements:

  • Physical address: Must maintain physical street address in Mississippi (no PO boxes)
  • Availability: Agent must be available during normal business hours (8 AM – 5 PM, Monday-Friday)
  • Qualification: Can be Mississippi resident individual OR business entity authorized to do business in Mississippi
  • Consent: Registered agent must consent to serve; false statement without consent can result in administrative dissolution
  • Change fee: $10 to change registered agent or address

Other Ongoing Requirements

All Mississippi Entities Must:

  • Maintain registered agent with physical Mississippi address (where required)
  • File annual reports (if required)
  • Keep internal records (operating agreements, bylaws, etc.)
  • Comply with Mississippi tax filings (sales tax, corporate income tax, etc.)
  • Maintain separate bank accounts
  • Update filings if name, RA, or address changes

Corporations Specifically Must:

  • Hold annual shareholder meetings (or document consent resolutions)
  • Hold board meetings (quarterly or as needed)
  • Maintain corporate records book
  • Issue stock certificates
  • Document resolutions for major decisions
  • Nonprofits: file IRS Form 990 (if 501(c)(3) and gross receipts > threshold)

My Services – Mississippi Entity Formation

I handle Mississippi entity formations as an attorney-led service. You work directly with me—an experienced business attorney—through the entire process.

What’s included: State filing fees and a registered agent (state requirement) fee for one year. A company (LLC or Corporation) formed in one of the standard-fee states (DE, CA, WY, SC) at the base price. Formation in premium-fee states (TX, MA, NV, NY, IL, TN) is available with an additional fee to cover higher state costs.

Service Packages

Starter

$500

Best for: Single-owner businesses or simple partnerships using standard templates with basic information inserted.

Delivery Time 14 days
Number of Revisions 0

Includes:

  • EIN (Tax ID Number)
  • Basic Bylaws/Operating Agreement

Standard

$750

Perfect for: Most businesses requiring customized founding documents with professional guidance on entity type, state selection, and taxation.

Delivery Time 5 days
Number of Revisions 2

Includes:

  • EIN (Tax ID Number)
  • Customized Bylaws/Operating Agreement
  • 30min Consultation

Advanced

$850

Ideal for: Complex business structures requiring sophisticated legal frameworks, multiple owners, investors, or specialized provisions.

Delivery Time 3 days
Number of Revisions 5

Includes:

  • EIN (Tax ID Number)
  • Customized Bylaws/Operating Agreement
  • 1hr Consultation
  • Advanced Corporate Structuring & Custom Drafting
    (Ownership transfers, investor terms, multiple share classes, etc.)

Mississippi-Specific Add-On Services

Service Fee
Foreign LLC/Corp registration (Certificate of Authority) $800+
S-corp election (Form 2553 preparation and filing) Included in Standard/Advanced
PTE tax election (Form 84-381 preparation and filing) $400
Professional corporation/PLLC setup (with licensing board coordination) $1,500+
Entity conversion (LLC ↔ Corp, etc. using Chapter 37 framework) $1,500+
Registered agent service (annual) $200/year
Annual report filing service (for corporations/nonprofits) $150/year
Mississippi sales tax registration $300

Why Work With Me?

  • Attorney-led service: I personally handle your formation, not a paralegal or automated system
  • Mississippi expertise: Deep knowledge of Mississippi Code Title 79 framework and state tax considerations
  • FREE annual report advantage: Help you leverage Mississippi’s FREE annual reports for domestic LLCs
  • PTE tax optimization: Guide you through Pass-Through Entity tax election for SALT deduction maximization
  • Professional entity experience: Work with licensing boards to ensure PC/PLLC compliance
  • Fixed fees: No surprise bills; all packages are flat-fee with clear scope
  • Long-term relationship: I’m here for amendments, compliance, conversions, and growth as you scale

Contact & Booking

Ready to form your Mississippi business entity? Let’s discuss your needs and determine the right structure.

📧 Email: owner@terms.law
📅 Schedule a call: Use the Calendly link below to book a 30-minute strategy session.

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