One of the requirements of maintaining an LLC or corporation in Mississippi is filing an Annual Report. The Annual Report is used to confirm and update the company’s information each year with the Secretary of State.
What is Needed to File a Mississippi Annual Report
The report asks for information such as:
- Legal name of the entity
- Business ID Number – To find your Secretary of State’s Business ID Number, enter your business name and find the “Business ID” field.
- Federal Employer Identification Number
- NAICS Code
- Principal Address
- Name and address of the Registered Agent
- Name and address of the officers, directors, members and/or managers
The Annual Report filing is processed immediately.
Annual Report Cost
There is no cost to file the Annual Report for the LLC, however there is a $25 fee for Corporations.
The Annual Report is due by April 15th each year and can be made as early as January 1st.
The first annual report isn’t due until the year following formation. For example, if your LLC or Corporation was formed January 1st, 2020, the first Annual Report will be due April 15th 2021.
The Secretary of State’s office emails a reminder in advance of the Annual Report due date. Even though a reminder is sent, it’s important to make an additional reminder for yourself should you not receive it.
My business made little or no money. Do I still have to file the Annual Report?
Even if your Corporation or LLC received no income or had no business activity, the Annual Report is still required to be filed.
What happens if you don’t file the Annual Report on time?
While there is no charge for a late Annual Report filing, if it isn’t filed by June 15th, the entity will be administratively dissolved by the Secretary of State.
How do you change the Registered Agent?
While the Mississippi Annual Report form asks for the name and address of the Registered Agent, the Registered Agent can’t be updated on this form.
To update the Registered Agent’s information, fill out a Change of Agent Form. There is a $50 filing fee to make the change.
Mississippi Secretary of State Contact Information
Mississippi Secretary of State
401 Mississippi Street
Jackson, MS 39201
If you have questions, they can be contacted at (601)-359-1633.