CNBC 2025 · #45 of 50
Mississippi
Less favourableRank: #45 of 50
Year-over-year movement
Category breakdown
All 10 CNBC categories — score out of category max, rank among 50 states.
CNBC methodology — 10 categories, 2,500 points max
Founder Snapshot
Lite operational context for Mississippi — what to know before operating here. Sourced public facts, separate from CNBC scores.
Tax posture
Mississippi corporate income tax tops out at 5%. Personal income tax is a flat 4.7% (2025). Franchise tax applies to C-corps and S-corps with MS capital.
Business registration
Register entities through the Mississippi Secretary of State Business Services.
Source: Mississippi Secretary of State
Compliance calendar
Annual reports are due Apr 15 each year; corporate/franchise tax returns follow DOR schedules.
Source: Mississippi SOS — Annual Report
Multi-state heads-up
If you operate outside Mississippi or hire remotely — informational, not legal advice.
Remote sales & economic nexus
Remote sellers must collect Mississippi sales tax once economic nexus thresholds are met.
Source: Mississippi DOR — Sales Tax
Remote employees & payroll
Mississippi employers register for withholding and unemployment insurance.
Source: Mississippi DOR — Withholding
Also applies across state lines
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If you are incorporated elsewhere but transact business here, you may need to foreign-qualify with the Secretary of State.
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Multi-state operations often trigger registration, withholding, or nexus rules — confirm with official state agencies.
Source: IRS — State government websites
Regulatory Pulse
Recent regulatory changes in Mississippi — sourced public updates for founders operating here.
Mississippi data breach notification
Businesses must notify Mississippi residents of breaches of personal information.
Source: Mississippi Attorney General