Minnesota LLC — Frequently Asked Questions
How much does it cost to form an LLC in Minnesota?
The state filing fee to form an LLC in Minnesota is $155. That's priced in the middle of the national range for LLC filing fees. The annual report has no fee, but you still need to file it on time. We charge a flat $199 for filing — that's it. The state's $155 fee, our $99/year registered agent service, EIN application help, and operating agreement template are each priced separately.
How long does it take to form an LLC in Minnesota?
Standard processing runs 5-7 business days. If you pay $50 for expedited service, you can usually get to 24 hours. We file on your behalf and notify you as soon as the Minnesota Secretary of State processes the formation.
Does Minnesota require an annual report for LLCs?
Yes, every year. The fee is $0. Missing the filing deadline can lead to late fees and eventually administrative dissolution by the Minnesota Secretary of State.
Do I need a registered agent for my Minnesota LLC?
Yes. Every LLC registered with the Minnesota Secretary of State is required to maintain a registered agent with a physical Minnesota address. This is true from the moment you file your formation documents and remains true for as long as the LLC exists. Our annual registered agent fee is $99, billed independently of the $199 formation service.
Can I form an LLC in Minnesota if I live in another state?
Yes. You don't have to be a Minnesota resident to form a Minnesota LLC. You do, however, need a registered agent with a physical Minnesota address — which our registered agent service covers at $99/year, billed separately.
Do I need an operating agreement for my Minnesota LLC?
Minnesota doesn't require you to file an operating agreement with the state, but you absolutely should have one. Banks require it to open a business account. Courts rely on it in disputes. Without one, Minnesota's default LLC rules apply — which may not match your intentions. Our operating agreement template is a paid optional add-on, separately priced from formation.
How do I get an EIN for my Minnesota LLC?
Apply directly on IRS.gov — it's free and takes about 10 minutes. You'll receive your EIN immediately after completing the online application. Never pay a third party for an EIN. Our EIN application help is a separately-priced add-on. Going direct via IRS.gov is also free and takes about ten minutes.
What's included in your formation service?
Our $199 service covers Articles of Organization preparation, review, and filing with the Minnesota Secretary of State. The $155 state filing fee is paid separately. Registered agent service, operating agreement, and EIN assistance are available as separate optional services.
Still Have Questions?
We're here to help. Reach out Monday through Friday and we'll answer any questions about forming an LLC in Minnesota or how our services work.