Minnesota LLC

How to Form an LLC in Minnesota

How to Form an LLC in MinnesotaA 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).

Forming an LLC in Minnesota is simple. Search your Minnesota LLC name in the state database and select your Registered Agent.

File your Articles of Organization with the Minnesota Secretary of State and wait for your LLC to be approved.

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.

After your Minnesota LLC is approved, complete your Operating Agreement and get your Federal Tax ID Number (aka EIN) from the IRS.

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 own Minnesota LLC, step-by-step.

On desktop, the lessons are listed on your right. On mobile, the lessons are listed at the bottom of the page.

Need to save time? Have a professional LLC service file for you:
IncFile ($49 + state fee) or LegalZoom ($149 + state fee)
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Matt Horwitz
Founder & Educator at LLC University
Forming an LLC shouldn't be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! We teach people how to form an LLC for free in all 50 states. We hope you find our free guides and resources helpful in your entrepreneurial journey.

4 Comments

  1. Mike April 11, 2018

    I live in MN but have a few rental properties in WI.

    Can I have a MN LLC and put the WI properties in the MN LLC.

    reply
    • Matt Horwitz April 11, 2018

      Hi Mike, you’re doing business in Wisconsin, so you’ll either need to form the LLC in Wisconsin or form the LLC in Minnesota and then register your Minnesota LLC as a Foreign LLC in Wisconsin. Alternatively, you could form the LLC in Wisconsin, but instead of it being owned by you, the Wisconsin LLC could be owned by a Minnesota LLC or a Wyoming LLC, which is popular among real estate investors looking for better asset protection (namely, charging order protection). Hope that helps.

      reply
      • Mike April 11, 2018

        So if I want to set each of my rentals with there own LLC and I have three properties. I would need 6 llc total. 3 in Wisconsin and 3 in mn claiming the Wisconsin llc’s? Thank you for your time.

        reply
        • Matt Horwitz April 11, 2018

          Hey Mike, you could have them each owned by a separate Minnesota LLC, although it’s more common to have them all owned by 1 parent LLC. In this case, that’d be your parent LLC in Minnesota. So, here’s how that looks. You form the Parent LLC first in Minnesota, which is owned by you. Then you form the Child Wisconsin LLCs. Now many states have a field for Member’s info in the Articles of Organization, but Wisconsin does not. They don’t disclose who LLC Members (owners) are. To make your paper trail better, you can list the LLC Organizer as your Minnesota LLC and then you’d be signing on behalf of the Minnesota LLC. Alternatively, you could personally organize the Wisconsin LLC then sign a Statement of LLC Organizer appointing the Minnesota LLC as Member. And of course the Minnesota LLC would be listed as the Member in the Wisconsin LLC’s Operating Agreement. Hope that helps.

          reply

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