Minnesota at a glance. The state fee is $155: 41 other jurisdictions charge less to form an LLC and 8 charge more. The annual report is free, so routine state costs after formation are $0. Timing: December 31.
What it costs to form an LLC in Minnesota
The state fee to form an LLC in Minnesota is $155. That is $30 more than Florida's $125. Online fee; the same filing costs $135 by mail.
This is the amount charged by the state itself. It does not include a registered agent, a service company's fee, local business licenses or income taxes.
Minnesota annual report and yearly costs
The report is free every year. Timing: December 31.
The state charges no flat yearly fee beyond what is described above.
Corporation in Minnesota
The state fee to form a corporation in Minnesota is $155. Fee for filing online; the state charges $135 by mail.
This is a flat fee in Minnesota. Coral Filings files every corporation with up to 500 authorized shares.
- Annual report: The report is free every year.
Coral Filings can form your Minnesota corporation, as a C-Corporation or with an S-Corporation election planned (you file IRS Form 2553 yourself, and individuals who are not US residents cannot own S-Corporation stock). Start your Minnesota corporation. Read what a C-Corp is and what an S-Corp is.
How to form an LLC in Minnesota, step by step
- Choose a name that follows Minnesota's rules and check that it is available in the state's business search.
- Appoint a registered agent with a physical street address in Minnesota. Coral Filings can act as yours.
- File the formation document with the state's filing office and pay the fee. Use the official portal linked below.
- Request an EIN from the IRS.
- Put the annual report deadline on your calendar so the LLC stays in good standing.
Let Coral Filings handle it
You can usually form an LLC in the state where you do business. Coral Filings can form your Minnesota LLC for you and act as your registered agent in Minnesota (or you can name your own). The state fee is charged at cost. Start your Minnesota LLC. We are not a law firm and do not give legal or tax advice.
Frequently asked questions
How much does it cost to form an LLC in Minnesota?
The state fee is $155. Registered agent, local licenses and service company fees are extra.
Does Minnesota require an annual report for an LLC?
The report is free every year. Timing: December 31.
How much does it cost to form a corporation in Minnesota?
The state fee is $155, a flat fee.
Can I form an LLC in Minnesota if I live in another country?
In most states you can, as long as you have a registered agent with a physical address in the state. Coral Filings can act as your registered agent in the states it sells.
This page is general information, not legal or tax advice. For your specific situation, talk to a licensed attorney or CPA.