Form a Corporation in Mississippi

Everything you need to know about forming a Corporation in Mississippi. Filing fees, requirements, timeline, and step-by-step guidance.

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$50
Filing Fee
5-7 business days
Processing Time
$25
Annual Tax
Required
Registered Agent

How to File

1

Choose a Corporate Name

Select a unique name for your corporation that includes a required designator such as 'Corporation,' 'Incorporated,' 'Company,' or an abbreviation thereof. Conduct a name availability search through the Mississippi Secretary of State's online business search portal to ensure the name is not already in use.

15-30 minutes

2

Appoint a Registered Agent

Designate a registered agent with a physical street address in Mississippi to receive legal documents and official correspondence on behalf of the corporation. The registered agent can be an individual Mississippi resident or a business entity authorized to conduct business in the state.

15-30 minutes

3

File Articles of Incorporation

Prepare and file the Articles of Incorporation with the Mississippi Secretary of State, either online through the Business Services portal or by mail. The articles must include the corporate name, registered agent information, number of authorized shares, and incorporator details.

30-60 minutes

4

Create Corporate Bylaws

Draft internal corporate bylaws that govern the management and operation of the corporation, including rules for board meetings, officer roles, shareholder rights, and decision-making procedures. Although not filed with the state, bylaws are a critical internal governance document required under Mississippi corporate law.

1-3 hours

What's Next After Filing

Once your Corporation is officially formed, you'll want to complete these important steps:

  • Hold an Organizational MeetingConduct the initial organizational meeting of the board of directors to adopt the bylaws, appoint corporate officers, authorize issuance of stock, and complete other foundational corporate actions. Record meeting minutes to maintain proper corporate records.
  • Obtain an EIN and Open a Bank AccountApply for a federal Employer Identification Number (EIN) from the IRS, which is required for tax filings, hiring employees, and opening a business bank account. Open a dedicated corporate bank account to maintain separation between personal and corporate finances.
  • Register for State Taxes and LicensesRegister with the Mississippi Department of Revenue for applicable state taxes, including corporate income tax and sales tax if applicable. Obtain any required local business licenses or permits depending on the nature and location of the business operations.

Advantages

  • Limited liability protection shields shareholders' personal assets from corporate debts and legal judgments
  • Easier to raise capital through the issuance of stock and attracting investors compared to other entity types
  • Unlimited lifespan — the corporation continues to exist regardless of changes in ownership or the death of shareholders
  • Potential tax advantages, including the ability to elect S-Corp status to avoid double taxation at the federal level
  • Enhanced credibility and professional image with customers, vendors, and financial institutions

Considerations

  • Double taxation risk for C-Corporations, where profits are taxed at the corporate level and again as shareholder dividends
  • More complex and costly to form and maintain compared to an LLC or sole proprietorship, with required formalities like annual meetings and minutes
  • Strict compliance requirements including annual reports, franchise taxes, and maintaining corporate records that can be burdensome for small businesses

Annual Obligations

Franchise Tax:$25
Annual Report Fee:$25
Report Due:April 15
Mississippi corporations must file an Annual Report with the Secretary of State by April 15 each year. The filing fee is $25. Corporations are also subject to Mississippi corporate income tax at a flat rate of 5% on net taxable income (as of 2024, with phased reductions underway). A franchise tax based on capital employed in Mississippi applies at $2.50 per $1,000 of capital, with a minimum of $25. Failure to file the annual report can result in administrative dissolution.
Last verified: July 2026Source

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