Mississippi LLC Annual Report
LLCs formed in Mississippi need to file this report with the Mississippi Secretary of State each and every year. i.e., annually. Read about how to file this report.
File report online
Visit the official state government’s website to submit annual report online.
Visit Mississippi official website
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
Mississippi LLC Annual Report
An annual report is used to keep an LLC’s contact information up-to-date and to keep your LLC in compliance and in good standing with the state of Mississippi.
Filed every year
Each and every LLCs formed in Mississippi must file this report every year.
Update your business information
The annual report is primarily used to update business data such as the NAICS code and/or names and addresses of the LLC members or managers
File Online
Annual report can only be filed online. There is no option to file by mail.
Change in Business Address
You can also change your principal office address by updating it on the annual report when it is due.
Mississippi actions
Here are some of the actions business owners can take in Mississippi:
How to file Annual Report in Mississippi?
Follow these steps:
1. Visit official website
Every Mississippi LLC is required to file an Annual Report each year. The Mississippi Annual Report is due on April 15th of each year.
Due
annually by April 15
The Annual Report must be postmarked, complete and compliant, before April 15 to avoid late fees.
LLC Annual Report
Every LLC has to file this report in Mississippi to stay compliant with the state laws.
Filing Annual Report
Mississippi LLC is expected to file this report annually by April 15
File it online on MS Secretary of State website
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Online fee
$0
Online processing time
instant
Failure to pay
Mississippi does not charge late fees if you miss the filing deadline but will dissolve your LLC after 4 months.
Certificate of Formation
In Mississippi, Certificate of Formation is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Certificate of Formation
Here's how you file it
File it online on State of Mississippi website
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Online fee
$50
Online processing time
2 days
Entity name
Every LLC should have a unique name in Mississippi. Mississippi maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Mississippi business search tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Mississippi business services division. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$25
Reservation period
180 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
Mississippi Code §79-29-109
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Here are some of the guidelines in simple language:
- 1
Must contain the words "limited liability company" or the abbreviation "L.L.C." or "LLC".
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Report in Mississippi
It is very important to maintain full compliance in Mississippi. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Mississippi.
Mississippi LLC
Mississippi Business search