Minnesota

LLC, Business License, Incorporation

With the 21st largest population in the United States, Minnesota services both large and small businesses. Minnesota's major industries include agriculture, forestry, and mining. Regardless of your industry, we can help you take advantage of Minnesota's business services.

Forming a Corporation in Minnesota

Each state has its own set of rules for businesses seeking to form a corporation there. If you've decided to incorporate in Minnesota, The Company Corporation will take care of all the details. We'll research the availability of your company name and help you prepare and file your Articles of Incorporation with the Minnesota Secretary of State. We can also assist with many of your follow-up needs such as amendment filings, written consents, and annual report preparation and filing.

Here are some helpful facts about Minnesota's incorporation requirements:

Corporate Name Requirements

Minnesota requires corporations to have names that can't be confused with any corporate, limited partnership, limited liability partnership, limited liability company, not-for-profit, or reserved names on record with the Secretary of State. When you incorporate with The Company Corporation's help, we'll research your company name to make sure it meets Minnesota's standards.

Permitted designations: Minnesota corporate names may be followed by several approved designations, including:

  • Co.
  • Company
  • Corp.
  • Corporation
  • Inc.
  • Incorporated
  • Limited
  • Ltd.

Filing Requirements

Remember, when you work with The Company Corporation, we'll take care of your incorporation filing for you. This information is presented only for your reference.

Required documents: The state of Minnesota requires businesses to file Articles of Incorporation with the Secretary of State.

Turnaround time: In general, turnaround time for incorporating a business in Minnesota is 2-3 business days.

Follow-up filings: Not required.

Officers/Directors Information

Minimum number: Corporations are required to have one or more directors.

Director qualifications: The Articles of Incorporation or bylaws may prescribe the qualifications for directors.

Appearance in articles: Not required. Directors' names and addresses do not have to appear in the Articles of Incorporation.

Written consent: Permitted. Directors may act in writing in lieu of holding a meeting.

Annual Reports

Time to file: Corporations must file annual registrations with the Minnesota Secretary of State on or before December 31.

Turnaround time: Turnaround time at the state is between 7 and 10 business days.

Signatures: No signature required. Emailed or faxed signatures are accepted.

Filing extensions: Not permitted.

Ready to Incorporate in Minnesota? Get Started

Forming an LLC in Minnesota

Each state has its own set of requirements for businesses that plan on forming a Limited Liability Company (LLC) there. If you decide to form an LLC in Minnesota, The Company Corporation will take care of all the details. We'll research the availability of your company name and help you prepare and file your Articles of Organization with the Minnesota Secretary of State. We can also take care of many of your company's follow-up needs, including annual report preparation and filing.

Here are some helpful facts about Minnesota's LLC requirements:

LLC Name Requirements

Minnesota requires Limited Liability Companies to have names that can't be confused with any limited liability company, limited liability partnership, corporate, limited partnership, not-for-profit, or reserved names. When you form your LLC with The Company Corporation's help, we'll research your company name to make sure it meets Minnesota's standards.

Permitted designations: Minnesota LLC names may be followed by several approved designations, including:

  • LLC
  • Limited Liability Company

Filing Requirements

Required documents: Companies that wish to form an LLC in Minnesota must file Articles of Organization. Remember, when you work with The Company Corporation, we'll take care of this filing for you.

Turnaround time: In general, turnaround time for forming an LLC in Minnesota is 2-3 business days.

Follow-up filing: Not required.

Annual Reports

Time to file: LLCs must file their Annual Registration the Minnesota Secretary of State on or before December 31.

Turnaround time: Turnaround time at the state is 30 business days.

Signatures: No signatures are required. Emailed or faxed signatures are accepted.

Filing extensions: Not permitted.

Ready to Incorporate in Minnesota? Get Started

Get Minnesota Business Licenses

Before your business can legally begin to operate, you must satisfy its license, permit, and tax registration requirements. Almost all state, county, and local governments require businesses to obtain one or more licenses and permits. Additionally, selling taxable goods and services or hiring employees requires that you register with tax authorities. All business license, permit, and tax registration requirements vary by your industry and location.

Examples of possible licenses required in Minnesota:

  • Entertainment License
  • Hotel/Motel Tax License
  • Design Firm License

Too busy to research your licensing requirements? We can help.

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