How Much Does It Cost to Renew an LLC in Minnesota?

Costs and Procedures for Minnesota LLC Registration and Renewal

  • It costs $135 to register a Minnesota LLC via mail and $155 if done online or in person. Minnesota LLCs must pay a state sales tax rate of 6.785%. Filing annual reports or annual renewals in Minnesota is free for all LLCs. Once a Minnesota LLC has been terminated, a $25 filing fee ($45 to expedite) is required. LLCs taxed as corporations need to pay income taxes or fees to Minnesota.

Reviving a Terminated Minnesota LLC and Related Costs

  • To revive a terminated Minnesota LLC, pay a $25 filing fee ($45 to expedite). To change your registered agent when reinstating, file a Notice of Change of Registered Agent form. You have an unlimited time to revive a Minnesota LLC. The cost to form a Minnesota LLC is $155 online and in-person or $135 by mail. Approval for an LLC can take 1-10 business days after your information is received.

Additional Expenses and Costs for Minnesota LLCs

  • In addition to formation and ongoing costs, LLCs have expenses like registered agent services, websites, insurance, etc. Other costs include formation services, operating agreements, and registered agents. To open an LLC abroad, file a Certificate of Authority to Transact Business in Minnesota for $185 by mail or $205 otherwise. To reactivate an administratively dissolved LLC, file one annual renewal and pay the reinstatement fee.

Annual Renewal Fees and Requirements

  • The Annual Renewal form due date in Minnesota for LLCs is December 31. The filing fee is $155 online and $135 by mail. To renew or amend your business filing, create an online account and login. Click "Details" next to your business name in the Search Results. Complete the required information and/or upload your amendment form.

Maintaining and Reinstating an LLC in Minnesota

  • To maintain an LLC in Minnesota you do not need to pay an annual fee. However, state income tax at 5.35% to 9.85%, sales tax at 6.875%, and federal taxes are levied. Domesticating an LLC into Minnesota allows you to maintain previous business relationships without significant changes.

Taxation and Reinstatement Process

  • In Minnesota, this corporate tax generally is a flat 9.8% of taxable income. If your Minnesota LLC is taxed as a corporation, it will need to pay income taxes or fees to the state. Make sure to follow the necessary steps for reinstating your Minnesota business.

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