Topic guideUpdated 2026-02-27
Minnesota Business Formation — LLC, Corporation & More
How to form an LLC or corporation in Minnesota, filing fees, annual reports, and entity comparison.
LLC Formation
The most popular entity for small businesses. To form an LLC in Minnesota:
1
Choose a unique name (check availability with Minnesota Secretary of State, Business Services)
2
File Articles of Organization with Minnesota Secretary of State, Business Services (fee: $135) §322C.0201
3
Check Minnesota's registered office and Registered agent requirements for your entity type and designate accordingly
4
Create an Operating Agreement §322C.0110 (not always required by law, but strongly recommended)
5
Obtain an EIN from the IRS
6
Register for state and local taxes
Corporation Formation
1
Choose a unique corporate name
2
File Articles of Incorporation (fee: $155)[Minnesota SoS]
3
Appoint directors and officers
4
Adopt bylaws
5
Issue stock certificates
6
Hold initial board meeting and document minutes
Annual/Periodic Filing Requirements
Minnesota LLCs and corporations must file annual renewals with the Secretary of State. LLC annual renewal fee is $0 (no fee for online renewals); $25 paper. §322C.0209.
Entity Comparison
| LLC | Corporation | Sole Proprietorship | |
|---|---|---|---|
| Liability Protection | Yes | Yes | No |
| Formation Filing | $135[Minnesota SoS] | $155[Minnesota SoS] | None |
| Annual Filing | Required | Required | None |
| Taxation | Pass-through | Double (C) or Pass-through (S) | Personal |
| Management | Flexible | Board/Officers | Owner |
✓An LLC offers the best combination of liability protection and tax flexibility for most small businesses. Consult an attorney or CPA before choosing your entity type.
Prepare for Your Consultation
Quick checklist (Small Business)
Gather these before your first consultation.
Business formation docs
(articles of org., EIN, operating agreement)
Contracts and agreements
(client contracts, vendor agreements, leases)
Licenses and permits
(business license, permits, tax registrations)
General preparation tips only. Specific needs depend on your state and business type.
No Obligation
Ready to Talk to a Lawyer?
Submit a short intake form and a participating Minnesota attorney who handles this type of matter may reach out to you. No commitment required.
No attorney-client relationship is created unless you later sign an engagement agreement. Participating attorneys may pay a marketing fee to receive inquiries.
Common Questions
Frequently Asked Questions
General answers to common questions. Specific outcomes depend on your facts and timing.
If you have a deadline, court notice, or upcoming hearing, mention it when requesting assistance so timing can be evaluated promptly.
Related guides
Legal authoritiesStatutes referenced on this page
Minn. Stat. § 322C.0201
LLC Formation — Articles of Organization
LLC formation requirements in Minnesota. Filing fee: $135. Filed with Minnesota Secretary of State, Business Services.
Verified 2026-09-17 · quarterly review
Minn. Stat. § 322C.0110
Operating Agreement
Scope, function, and limitations of LLC operating agreements in Minnesota.
Verified 2026-07-20 · quarterly review
Minn. Stat. § 322C.0209
Annual/Periodic Reports
Minnesota LLCs and corporations must file annual renewals with the Secretary of State. LLC annual re...
Citations link to official or authoritative sources. Laws change — verify current text before relying on any statute. How we verify citations →

