Home State vs Foreign State

Home State vs Foreign State › Mississippi › vs Delaware

Mississippi LLC vs Delaware LLC with Mississippi registration

Forming in Mississippi costs $50; forming in Delaware costs $110 and then Mississippi charges $250 to register it, so $360 to start.

Line by line

State feeLLC formed in MississippiLLC formed in Delaware, registered in Mississippi
Formation in DelawareNone$110
Formation in Mississippi$50None
Mississippi foreign registrationNone$250
Delaware yearly filing, two yearsNone$800
Mississippi yearly filing, two years$0$500
Two years of state fees$50$1,660

Over two years the Delaware route costs $1,610 more in state fees than forming at home.

State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.

If you register in Mississippi

Mainstay Filing prepares the Mississippi registration (Filing F0200, Application for Registration of Foreign Limited Liability Company) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Mississippi are on the Mississippi page.

Where the numbers come from

Delaware: formation and yearly filing from Delaware’s own pages. Mississippi: foreign registration and yearly filing from the Mississippi Secretary of State, Business Services and the sources on the Mississippi page.