Form Your Minnesota LLC
State filing fee: $155 • Processing: 5-7 business days
Start Your Minnesota LLC in the Land of 10,000 Lakes
Minnesota combines a strong economy with high quality of life, making it attractive for entrepreneurs. With headquarters of Fortune 500 companies, excellent healthcare systems, and a skilled workforce, Minnesota offers stable business opportunities.
Compare Top 5 LLC Formation Services
| Service | Price | Processing Time | Registered Agent |
|---|---|---|---|
ZenBusiness Best Overall Value | $0 + state fees | 7-10 days Expedited: 1 day | $199/yr |
Bizee Fastest Formation | $0 + state fees | 3 weeks Expedited: 1 day | Free Year 1 Then $119/yr |
Inc Authority Free Formation | $0 + state fees | 7-10 days Expedited: 2 days | Free Year 1 Then $119/yr |
LegalZoom Best for Legal Support | $0 + state fees | 5-14 days Expedited: 1 day | $249/yr |
Rocket Lawyer Legal Documents | $99.99 + state fees | 5-7 days Expedited: Not available | $149/yr |
Top 3 Recommended Services for Minnesota
ZenBusiness
Entrepreneurs who want comprehensive support and compliance tools at an affordable price
ZenBusiness stands out as our top pick for LLC formation services thanks to its unbeatable combination of value, features, and support. With formation starting at $0 plus state fees, you can rest easy with their worry-free compliance service, award-winning customer support, and 100% accuracy guarantee. The Pro and Premium packages add even more value with 1-day processing, an employer ID number, operating agreement, and services to get your business online like domain name registration, AI business website builder, and more.
Pros:
- ✓ Starter package is $0 plus state fees
- ✓ Registered agent and compliance services
- ✓ Free worry-free compliance for 1 year
- ✓ Fast 1-day processing time available
- ✓ 100% accuracy guarantee
- ✓ Award-winning customer support
Cons:
- ✗ Some features require upgraded plans
- ✗ More expensive Registered Agent service
Bizee
Budget-conscious startups needing fast formation
Bizee (formerly Incfile) offers lightning-fast LLC formation with their $0 package. They're perfect for entrepreneurs who need to form their LLC quickly and affordably. With same-day processing in many states and a year of free registered agent service, Bizee provides exceptional value for basic LLC formation needs.
Pros:
- ✓ $0 basic formation package
- ✓ Same-day processing available
- ✓ Free registered agent for first year
- ✓ Compliance alerts included
- ✓ Dashboard for document management
- ✓ Free business tools and templates
Cons:
- ✗ Operating agreement not included in basic package
- ✗ Limited customer support hours
Tailor Brands
Creative businesses wanting formation plus branding
Tailor Brands combines LLC formation with comprehensive branding tools. Their unique approach includes AI-powered logo design, website creation, and marketing materials. Perfect for creative entrepreneurs who want to establish their brand identity alongside their legal structure.
Pros:
- ✓ Includes logo design and branding
- ✓ Website builder included
- ✓ Business card designs
- ✓ Mobile app available
- ✓ Operating agreement included
- ✓ EIN service included
Cons:
- ✗ No rush processing available
- ✗ Monthly subscription required
- ✗ Customer service via chat/email only
Minnesota LLC Formation Costs
Minnesota LLC Cost Breakdown
Additional Costs to Consider:
- • Formation service fees: $0 - $299 (depending on provider)
- • Registered agent service: $99 - $299/year
- • EIN from IRS: Free (or $99+ if using a service)
Frequently Asked Questions
The Minnesota LLC formation fee is $155 when filed online with the Secretary of State. Unlike many states, Minnesota has no annual report requirement for LLCs, making it cost-effective for ongoing operations. Minnesota also has no franchise tax specifically for LLCs. Additional costs may include registered agent service ($99-$299/year) and optional services like EIN filing or operating agreements.
Standard processing time for Minnesota LLC formation is 5-7 business days when filed online through the Secretary of State's website. Paper filings typically take 10-15 business days. Minnesota does not offer expedited processing for LLC formations, but the standard processing is relatively efficient.
Yes, Minnesota requires all LLCs to maintain a registered office with a Minnesota street address and a registered agent who can be reached during normal business hours. The registered agent receives legal documents and official correspondence. You can serve as your own registered agent if you have a Minnesota address, or hire a professional service.
- No annual report filing required
- No franchise tax for LLCs
- Maintain registered office and agent
- File federal and state tax returns as required
- Keep basic company records and operating agreement
Minnesota attracts businesses with its educated workforce, strong infrastructure, and diverse economy. The state is home to numerous Fortune 500 companies including Target, Best Buy, 3M, and General Mills. Minnesota has particularly strong sectors in healthcare, technology, manufacturing, and agriculture, with robust support systems for entrepreneurs.
While Minnesota doesn't legally require LLCs to have an operating agreement, it's strongly recommended. An operating agreement defines ownership percentages, management structure, and operational procedures. It's essential for multi-member LLCs and beneficial for single-member LLCs to establish business legitimacy and protect limited liability status.
- No franchise tax on LLCs
- Pass-through taxation (no double taxation)
- Various business tax credits available
- R&D tax credits for qualifying activities
- Angel investment tax credit program
Yes, non-US residents can form and own a Minnesota LLC. There are no citizenship or residency requirements for LLC members or managers. However, you must maintain a Minnesota registered agent and may need to obtain an ITIN for tax purposes. Consider consulting with tax professionals familiar with international business structures.
- Local business licenses (varies by city/county)
- State licenses for regulated industries
- Professional licenses for licensed occupations
- Sales tax permit if selling taxable goods
- Workers' compensation insurance if applicable
- Industry-specific permits and licenses
- Apply online at IRS.gov (immediate)
- Apply by fax (4 business days)
- Apply by mail (4-5 weeks)
- Use a service ($99-$159 for same-day processing)
- Highly educated workforce (top 5 nationally)
- Strong transportation infrastructure
- Access to venture capital and angel investors
- Business incubators and accelerator programs
- Pro-business government policies
- Quality of life advantages for attracting talent
Proper dissolution protects members from future liability for business obligations.
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