Business formation paperwork on a desk, Mississippi Annual Report

Mississippi Annual Report: April 15 Due Date, Fees and What Happens If You Miss It

Mississippi Annual Report: April 15 Due Date, Fees and What Happens If You Miss It

Most Mississippi LLCs and profit corporations must file an annual report with the Secretary of State every year, and the deadline for most of them is April 15. The report is short and the state fee for a domestic LLC is $0, but skipping it can lead to administrative dissolution, which is much harder to fix than a late form. This guide covers who has to file, what each filing costs, how to file the Mississippi annual report online, and how to recover if you have already missed a deadline.

This article is informational, not legal or tax advice. Filing rules and fees can change, so confirm current requirements with the Mississippi Secretary of State before you file. If your situation is complicated, such as a company with multiple members, a change in ownership, or a dissolution risk, talk to a qualified Mississippi attorney or CPA.

Who Has to File a Mississippi Annual Report

The annual report requirement applies to business entities registered with the Mississippi Secretary of State, Business Services Division. The deadline depends on the type of entity:

  • Domestic LLCs (limited liability companies formed in Mississippi) file by April 15 each year.
  • Profit corporations file by April 15 each year.
  • Nonprofit corporations file by May 15 each year. A 2024 law requires annual reports from all nonprofits, so a nonprofit with no income still has to file.
  • Foreign LLCs and corporations (entities formed in another state that are registered to do business in Mississippi) must also file annual reports. A foreign LLC pays $250 per report. Confirm the foreign filer due date and details on the online portal.

You may file an annual report on or after January 1 of the year it is due. There is no advantage to waiting until April if your information is already accurate, and filing early gives you time to fix any problem the portal flags.

Mississippi Annual Report Fees at a Glance

The fees below come from the Secretary of State's published fee schedule. Check the portal for the amount shown on your filing screen before you pay.

Entity type Report State fee Due date
Domestic LLC MS LLC Annual Report (Form F0108) $0 April 15
Profit corporation Corporate Annual Report (Form F0008) $25 April 15
Nonprofit corporation Annual report Check the portal May 15
Foreign LLC LLC annual report $250 Confirm on the portal

A $0 fee does not mean the filing is optional. The state charges nothing for a domestic LLC report, but the report is still required. For comparison, the Certificate of Formation that created the LLC carries a $50 filing fee, and that is a one-time cost, not a yearly one.

What the Report Asks For

The LLC report asks you to confirm a short list of company details. Have these ready before you start:

  • Your Business ID. Every annual report must be filed with the company Business ID. You can look it up on the Secretary of State's business search at corp.sos.ms.gov business search.
  • Registered agent. The agent for service of process, which must match your registered office in Mississippi.
  • Principal office. The address where the company's main operations are run.
  • Managers or members. The names of the managers, or of the member if the LLC is member-managed.
  • Officers. The names of the people holding officer positions.
  • Operating agreement. Whether the LLC has a written operating agreement. Answer accurately; the portal asks, and the answer should match your company records.

If anything has changed since last year, such as a new manager, a new address, or a new registered agent, the annual report is the easiest place to update the record. Confirm on the portal how the update is recorded before you submit.

How to File the Mississippi Annual Report Online

Annual reports must be filed online. The paper route is not available for the annual report, so plan to file through the Secretary of State's online portal. Here is the usual sequence:

  1. Find your Business ID. Search the company name at the Secretary of State business search. Confirm the exact legal name, because a near-match can point you to the wrong record.
  2. Open the online filing portal. Go to the Business Services online filing portal and choose the annual report for your entity type.
  3. Enter the company details. Work through the screens for the agent, principal office, managers or members, officers, and operating agreement question.
  4. Review before you submit. Check the officer list and agent address carefully, because errors there can send a filing back for review.
  5. Pay the fee if one applies. A domestic LLC report has no fee. A corporation report is $25, and a foreign LLC report is $250.
  6. Save the confirmation. Download or print the confirmation and keep it with your company records.

Processing is quick for most filings. Documents paid for online are normally approved and filed immediately. Filings that need staff review are normally returned within 24 hours of submission. If you do not receive a confirmation, log back into the portal and check the status before you assume the filing went through.

The Annual Report Is Not a License or a Tax Return

Many first-time owners confuse the annual report with other state and local requirements. Keep these separate:

  • No state business license. Mississippi does not issue a general statewide business license. Registering an entity with the Secretary of State is a registration, not a license, and the annual report does not give you permission to operate.
  • City or county privilege license. Every city, town and village issues its own privilege license under Miss. Code 27-17. Counties license only businesses located outside municipalities. Check with your city clerk or county office, because your local requirement is separate from the state annual report.
  • Fictitious (assumed) business name. If you operate under a name other than your registered company name, you file a Fictitious Business Name Registration (Form F0070) with the Secretary of State, not the county. The fee is $25.
  • Sales tax permit. A business making retail sales registers with the Mississippi Department of Revenue for a sales tax permit. The DOR describes this as a permit for the privilege of operating a business in Mississippi, and there is no fee for it, though a bond may be required for applicants with no permanent Mississippi location. The state sales tax rate is 7%.
  • Franchise tax. The franchise tax applies to corporations, not to an LLC taxed as a partnership. For tax year 2026 it is $0.50 per $1,000 of capital in excess of $100,000, with a $25 minimum, stepping to $0.25 for 2027 and repealed effective January 1, 2028. Filing your annual report does not satisfy any tax obligation.

Your annual report and your tax filings are separate. A clean Secretary of State record does not mean your Department of Revenue accounts are in order. For tax questions, check the Mississippi Department of Revenue site or speak with a CPA.

What Happens If You Miss the April 15 Deadline

Missing the annual report deadline is not an automatic dissolution, but it starts a clock that can end in one. Under Miss. Code 79-29-821 and 79-29-823, the Secretary of State can begin the administrative dissolution process once a report is 60 days late. The office sends written notice, and the LLC has 60 days to cure the problem by filing the report. If the LLC does not cure within that window, it is dissolved.

Counting from April 15, the 60-day late mark falls on June 14. The Secretary of State sets the notice date and the cure window runs from there, so do not rely on a calculated date. If you receive a notice, file the report right away and confirm the status on the portal.

Why a dissolved LLC is a serious problem

An administratively dissolved LLC is no longer in good standing with the state. That status can affect your bank accounts, contracts, and business relationships, and it can raise questions about the liability protection you formed the LLC to get. Dissolution is also not a simple paperwork fix. Talk to a Mississippi attorney before making decisions about a dissolved entity, especially if it holds contracts, leases, or debts.

Reinstatement costs

If your entity has been dissolved, reinstatement costs $50 for a domestic entity and $100 for a foreign entity. Those fees come on top of the annual report itself, so the cost of a missed deadline is more than the report fee.

Corporations face an additional step. A corporation must provide a Department of Revenue tax clearance letter to reinstate. The portal tells LLCs whether they need one, so check that screen during the process rather than assuming the answer.

This guide does not list a separate late fee for the annual report. Confirm on the portal whether a late filing carries any additional charge before you submit.

Pre-Deadline Checklist

Use this list in early April so the filing takes ten minutes instead of an afternoon:

  1. Find your Business ID on the Secretary of State business search and confirm the legal name.
  2. Confirm your registered agent is correct and that the agent can still accept service in Mississippi.
  3. Confirm the principal office address.
  4. List current managers or the member, and current officers.
  5. Confirm whether a written operating agreement exists, and answer the question accurately.
  6. Check whether any city or county license needs renewal on its own schedule.
  7. File the report online, pay the fee if one applies, and save the confirmation.

Common Questions About the Mississippi Annual Report

Can I file before April 15?

Yes. You may file on or after January 1 of the year the report is due. Filing early is useful if you want the confirmation in hand well before the deadline.

If my LLC fee is $0, do I still have to file?

Yes. The report is required even though the state fee for a domestic LLC is $0. The obligation is not waived because the fee is zero, and a missed report can still lead to administrative dissolution.

Is the annual report the same as my city license?

No. The annual report is filed with the Secretary of State. A city privilege license under Miss. Code 27-17 is issued by the city, town or village where you do business, and counties license only businesses outside municipalities. You may need both, and they are handled separately.

My business uses a name different from my LLC name. Does the annual report cover that?

No. A fictitious (assumed) business name is registered separately with the Secretary of State on Form F0070 for $25. The annual report covers the legal entity, not the trade name.

Who can I ask for help?

The Mississippi Small Business Development Center Network has a lead center at the University of Mississippi and 19 locations statewide, and its advisers can help with formation and compliance questions at no charge. Find a center through the Mississippi SBDC site. For legal questions about dissolution or reinstatement, a Mississippi attorney is the right resource.

Official Resources

Bottom Line

For most Mississippi LLCs and corporations, the annual report is due April 15, it is filed only online, and the state fee is $0 for a domestic LLC and $25 for a corporation. The filing takes minutes if your Business ID, agent, office address, and officer list are current. The real risk is the silence that follows a missed deadline, which can end in administrative dissolution and a reinstatement cost of $50 for a domestic entity or $100 for a foreign one. Put April 15 on your calendar, file early, and keep your confirmation.

Reminder: this guide is informational and is not legal or tax advice. Confirm fees, due dates and filing rules on the Secretary of State portal, and consult a qualified Mississippi attorney or CPA for your specific situation.

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