Last updated October 31, 2020
How to Form an LLC in Minnesota
How to form an LLC in Minnesota ← you are here
This Quick Start Guide is a brief overview of how to form an LLC in Minnesota.
Minnesota LLC costs:
LLC formation cost: $135 by mail or $155 online (one-time fee)
Annual renewal: $0 (but report must be filed every year)
★ Check out Northwest vs LegalZoom
Here is a quick overview on starting an LLC in Minnesota
A Minnesota Limited Liability Company (LLC) is a legal structure used to protect your personal assets (home, car, bank account) in the event your business is sued.
An LLC can be used to operate a business, or an LLC can be used to hold assets (such as real estate, vehicles, boats, or aircraft).
You can file your LLC by mail or you can file it online. If you file by mail, the fee is $135 and the approval time is 4-7 business days. If you file online, the fee is $155 and the approval time is immediate.
In order to keep your Minnesota LLC in compliance, you need to file an LLC Annual Renewal each year. The fee is $0.
We’ve created a free course that will walk you through forming your Minnesota LLC, step-by-step.
You can find the detailed lessons linked at the top of this page.
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)
(check out Northwest vs LegalZoom)