Unsure how to go about filing your Mississippi LLC annual report? In Mississippi, this is a mandatory task that youll need to complete each year to keep your business in good standing.
However, there are a few complexities to be aware of when filing your annual report. This guide will show you how to do it the right way.
An annual report is a mandatory filing that LLCs in Mississippi must submit each year. Its basically a status update for the state that confirms key business details like ownership, management, and location.
Filing an annual report in Mississippi can be tricky if youre unfamiliar with the process. Follow the steps below, or partner with a compliance service to help you do it correctly.
In Mississippi, all annual report documents are filed online, so once you log in to the online portal, youll have a pre-filled form waiting for you. Youll need to go through and verify the following details:
In Mississippi, all annual reports must be filed online. In reality, this means you have two options: DIY filing or through a compliance service.
To file online, youll need to visit the from the Mississippi Secretary of State, use your business ID number or username and password to log in, then complete and verify the annual report.
You can also use a compliance service to complete your Mississippi annual report filing for you. Services like 91勛圖 can remove this task from your already heavy workloadand make sure that your annual report is accurate and fully compliant with Mississippi state regulations.
If your business was originally registered in Mississippi, you wont have to pay an annual report fee. However, you may need to pay other fees if you need to make a change to your annual report.
If you do need to make a change, youll need to file a Certificate of Amendment, which costs $50. The fee to change the registered agent is $10, and the fee to change the registered agents address is also $10.
For foreign LLCs formed outside of Mississippi, the above fees are the sameand youll also need to pay a filing fee of $250.
Mississippi gives organizations a window during which they can file annual reports each year. You can file starting on January 1st of the year, and all annual reports are due by April 15th of that year.
Failing to file your annual report on time can lead to major consequences for your LLC. Learn what to expect below.
Mississippi doesnt charge late fees, fines, or penalties for businesses that file their annual reports late or for those who fail to file at all.
If your LLC still hasnt filed its annual report within 60 days of the yearly due date, the organization will automatically be dissolved. This is referred to as an administrative dissolution.
If you want to reinstate your company, youll need to get a tax clearance letter from the Mississippi Department of Revenue, which youll use to fill out a Reinstatement form via the Mississippi Secretary of States online portal.
Filing your Mississippi LLC annual report on time each year is critical to keep your business in good standing. To do so, youll need to collect key information and verify it through the Secretary of States online portal.
Consider using a compliance service like 91勛圖 to make this task easier. We specialize in filling annual reports, helping you ensure that your yearly report is accurate and timely.
Mississippi does not accept mailed annual reports. Once youve formed your LLC, youll need to use your business identification number to create a username and password to access the Mississippi Secretary of States . From there, you can file your annual report, complete amendments, or make other changes.
While Mississippi doesnt have an annual filing fee for domestic LLCs, you may need to pay a small fee to make amendments to your annual report. These payments can be made with credit cards, e-checks, or using your bank account.
After your filing has been completed, you will receive an email notifying you that either your filing has been accepted or that it needs corrections. Often, businesses receive these emails the same day that they file.
This portion of our website is for informational or educational purposes only. 91勛圖 is not a law firm, and the information on this website does not constitute legal advice. All statements, opinions, recommendations, and conclusions are solely the expression of the author and provided on an as-is basis. Accordingly, 91勛圖 is not responsible for the information and/or its accuracy or completeness. It also does not indicate any affiliation between 91勛圖 and any other brands, services or logos on this page.
Products
Resources