Mississippi Business Compliance Checklist

Mississippi has one of the lowest LLC costs and a workers' comp exemption for employers with under 5 employees. This page covers everything from filing fees to sales tax to hiring laws.

LLC Filing

$50

Annual Report

$25

Every year

Sales Tax

7%

state base rate

Franchise Tax

No

1. Entity Formation

LLC filing fee (Articles of Organization)$50
Corp filing fee (Articles of Incorporation)$50
Registered agent requiredYes — must have a physical address in the state
Publication requirementNo
Processing time~7 business days (expedited available for extra fee)

2. Annual Maintenance

Annual/periodic reportEvery year — fee $25
Franchise taxNone

3. Sales Tax

State base rate7%
Combined rate range (with local)7% – 8%
Economic nexus (out-of-state seller)$250,000 per year
Marketplace facilitator lawYes — marketplaces (Amazon, Etsy) collect on your behalf.

Need to check nexus across multiple states? Use our Sales Tax Nexus Checker.

4. Employer Requirements

Minimum wage$7.25/hr (2025)
Paid sick leave lawNone (federal only)
Non-compete enforceabilityEnforceable — reasonable scope and duration required
Contractor classification testCommon-law (IRS) test

Full employment law breakdown: Mississippi Hiring Laws.

5. Workers' Compensation

Mississippi allows private-market workers' comp insurance (competitive market). Coverage is required starting with your 5th employee.

Estimate your premium with our Workers' Comp Calculator.

6. State Income Tax

Flat rate: 4.4% on all income.

Compliance by Business Structure

Pick your structure to see structure-specific compliance items.

What Makes Mississippi Distinctive

Compliance quirks and rules that separate Mississippi from other states — worth understanding before you file.

  • Mississippi charges only $50 for LLC formation and $25 for the annual report.
  • Mississippi's Business One Stop portal consolidates entity, tax, and license filings.
  • Mississippi's income tax is transitioning to a flat 4.4% (eliminating brackets by 2026).

This is a reference, not legal advice.

State fees and rules change. Verify current values with the Mississippi Secretary of State, Department of Revenue, and Department of Labor before filing. For complex situations, consult a licensed CPA or attorney.