Mississippi Corporation Requirements

Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Mississippi incorporation.

Cost to incorporate in Mississippi

At BizFilings, we clearly outline our fees and the state fees to form a Mississippi corporation. View our pricing to incorporate as a C corporation or S corporation to plainly see:

  • BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
  • State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Mississippi with standard turn-around.
  • Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
  • Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.

Incorporate in Mississippi

Corporate Name

The corporation’s name must contain the word "Corporation," "Incorporated," "Company," "Limited" or an abbreviation thereof. For banking corporations, the words "Bank," "Banking" or "Bankers" may be used. The word "Trust" cannot be used. The name may not contain language stating or implying that the corporation is organized for a purpose other than the one permitted by the Articles of Incorporation. The name cannot be the same as or deceptively similar to that of a domestic or foreign-qualified corporation.

Director information

The following are Mississippi’s requirements for directors of corporations:

  • Minimum number. Corporations must have one or more directors.
  • Residence requirements. Mississippi does not have a provision specifying where directors must reside.
  • Age requirements. Directors must be at least 18 years old.
  • Inclusion in the Articles of Incorporation. Director names and addresses are not required to be listed in the Articles of Incorporation.

Requirements for the Articles of Incorporation

The document required to form a corporation in Mississippi is called the Articles of Incorporation. The information required in the formation document varies by state. Mississippi's requirements include:

  • Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation.
  • Stock. Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value does not affect initial filing fees.
  • Registered agent. Corporations must list the name and address of a registered agent with a physical address (no post office boxes) in Mississippi. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
Mississippi Registered Agent Service

Professional services businesses

Mississippi allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).

After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Mississippi corporations.

Corporate records

Mississippi corporations must keep the following items with their corporate records at the principal office:

  • The Articles of Incorporation and any amendments
  • Bylaws
  • Minutes of director and shareholder meetings
  • A list of names and business addresses of current directors and officers
  • Most recent annual report
  • Any agreements between shareholders

Corporate taxes and fees

The following are taxation requirements and ongoing fees for Mississippi corporations:

  • Annual report and franchise tax. Mississippi requires corporations to file an annual report between January 1 and April 15 each year. The filing fee is $22 with a $1.25 electronic filing fee. Mississippi also has an Annual Corporate Income and Franchise Tax Report, which is due on or before the 15th day of the third month following the close of the accounting year. The amount due is calculated based on the value of the capital employed in Mississippi, with a minimum tax of $25.
  • Taxes. For complete details on state taxes for Mississippi corporations, visit Business Owner's Toolkit or the State of Mississippi .
  • Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
  • State tax identification number. Mississippi does not require a state tax identification number.

Business licenses

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

S corporation election

Mississippi recognizes the federal S corporation election and does not require a state-level S corporation election.

Additional Mississippi information

View the following additional resources BizFilings has for forming and maintaining companies in Mississippi:

State Guides

The state in which you form your company can provide certain benefits.

Please select both a state and a topic.

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