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Minnesota LLC

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When you file an LLC ( Limited Liability Company ) with the secretary of state, you gain the advantages of limited liability for the entity's debts and obligations. An LLC combines aspects of partnerships and corporations, so it is less formal and more flexible than a typical corporation, yet offers protection and advantages that are almost the same.

File an LLC in Minnesota Online

File an LLC in Minnesota

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Advantages of an LLC:

  • LLCs are easy to set up and maintain
  • Members are typically not liable for the debts of the LLC
  • Income and losses can be passed through to members as in a sole proprietorship or partnership
  • LLCs do not have the same corporate formalities as a corporation
  • An LLC has a flexible management and ownership structure

Minnesota Specific Filing Requirements:

  • Limited Liability Companies registered to do business in Minnesota must have names that contain the words 'Limited Liability Company' or the abbreviation 'LLC.' In the case of a Professional Limited Liability Company, the name must include either 'professional limited liability company' or the abbreviation 'PLC.'
  • LLCs in Minnesota do not have to name a registered agent if they do not want to, but they do have to include a registered address where a person who represents the LLC be found. The address must be a physical, street address located in the state, and can be the principal place of business for the LLC. However, many LLCs still name a separate registered agent, either to help maintain privacy or because they do not have a permanent place of business in the state. Foreign LLCs also must designate a separate registered agent.
  • Limited Liability Companies in Minnesota must file an annual renewal every calendar year, anytime before December 31st. There is no fee to file, provided the LLC has not had its standing revoked or terminated.
  • The state generally completes filings within 3 business days*.

Incorporate In Minnesota

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Business owners most commonly form a corporation to protect their personal assets from their business liabilities. A correctly structured corporation allows owners, directors & officers to manage and run the business without worrying that they could potentially lose their home, car and personal savings due to business obligations or debts.

File a Corporation in Minnesota Online Elect an S-Corp Tax Status For Your Business

File a Corporation in Minnesota

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Reasons to file a Minnesota Corporation:

  • Separate yourself from the business and reduce your personal liability.
  • Potential tax benefits not offered to Sole Proprietors & Partnerships.
  • A C-Corporation has no limit on shareholders.
  • Shareholders are not required to be United States Citizens in a C-Corporation.
  • More professional business structure in the eyes of consumers.

Minnesota Specific Filing Requirements:

  • The state does not require a business address located within the state of Minnesota.
  • The state generally completes filings within 3 business days*.
  • Director information is required on the Articles of Incorporation.

Minnesota Non-Profit Corporation

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Business owners most commonly form a corporation to protect their personal assets from their business liabilities. A correctly structured corporation allows owners, directors & officers to manage and run the business without worrying that they could potentially lose their home, car and personal savings due to business obligations

File a Non-Profit Corporation in Minnesota Online

File a Non-Profit Corporation in Minnesota

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Reasons to file an Minnesota Non profit Corporation:

  • A 501(c) organization, also known as a "non-profit", is an American tax-exempt non-profit organization.
  • There is a deduction, for federal income tax purposes, for some donors who make charitable contributions to most types of 501(c)(3) organizations.
  • There are 28 types of non-profit organizations that are exempt from some federal income taxes.
  • When becoming a non-profit, you first must become incorporated as one in your state. Then the corporation can apply for the tax exempt status.
  • To accept money or donations for a qualifying entity (such as churches, charities & civic leagues), a nonprofit entity should be filed.

Minnesota Specific Filing Requirements:

  • The state does not require a business address located within Minnesota.
  • Generally filings are completed within 3 weeks at the state level.
  • Director information is required on the Articles of Incorporation.

Minnesota Professional Corporation

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If a corporation will be engaging in what your state might call professional services, then a "Professional Corporation" must be formed pursuant to certain statutory provisions. professional services according to most states usually consists of services like medical services, legal services, accounting and financial services etc.

File a Professional Corporation in Minnesota Online

File a Professional Corporation in Minnesota

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Reasons to file an Minnesota Professional Corporation:

  • Professional corporations (abbreviated as PC or P.C.) are corporate entities that are required by licensing boards, for such professionals as attorneys, architects, engineers, public accountants and physicians.
  • Legal regulations applying to professional corporations typically differ in important ways from other corporations.
  • Professional corporations may exist as part of a larger, corporate entity. For example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

Minnesota Specific Filing Requirements:

  • The state does not require a business address located within Minnesota.
  • Generally filings are completed within 3 weeks* at the state level.
  • Director information is required on the Articles of Incorporation.

MyCorporation Makes Filing Easy:

Answer a few basic questions

We'll complete and submit your filings

You'll receive your completed filings

State Information:

As the home to the largest, privately held corporation in America, and to thirty-three of America's top publicly traded companies, Minnesota has a very active economy and a median household income that ranks amongst the top ten of the states. Minnesota is also one of the most iron-rich states, producing 75% of America's iron ore. Though the tax burden is slightly higher in Minnesota than other states, businesses continue to open their doors within state lines thanks to Minnesota's support and its stronger economy. Click here to learn more about starting a business in Minnesota.

*State filing turn around times are subject to change without notice. Times listed on our site are accurate at the time of our last update.


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