Minnesota LLC Annual Renewal
LLCs formed in Minnesota need to file this renewal with the Minnesota Secretary of State each and every year. i.e., annually. Read about how to renew this report.
File report online
Visit the official state government’s website to submit annual renewal online.
Visit Minnesota official website
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
Minnesota LLC Annual Renewal
An annual renewal is used to keep an LLC’s contact information up-to-date and to keep your LLC in compliance and in good standing with the state of Minnesota.
Filed every year
Each and every LLCs formed in Minnesota must file this annual renewal every year.
Update your business information
The annual renewal is primarily used to update the names and addresses of principal LLC officials.
File online, in-person or via mail
Annual Renewal can be filed online, in-person or by mail.
Change in Address
You can also change your Principal executive office address by updating it on the annual renewal when it is due.
Minnesota actions
Here are some of the actions business owners can take in Minnesota:
How to file Annual Renewal in Minnesota?
Follow these steps:
1. Visit official website
Every Minnesota LLC is required to file an Annual Renewal each year. The Minnesota Annual Renewal is due on December 31st of each year.
Due
annually by December 31
The Annual Renewal must be postmarked, complete and compliant, before December 31st to avoid late fees.
LLC Annual Renewal
Every LLC has to file this report in Minnesota to stay compliant with the state laws.
Filing Annual Renewal
Minnesota LLC is expected to file this report annually by December 31
File it online on Minnesota Secretary of State website
Visit
Mail a form to Minnesota Secretary of State website
PDF
Address
Minnesota Secretary of State — Business Services
Retirement Systems of Minnesota Building
60 Empire Drive, Suite 100
St Paul, MN 55103
Online fee
$0
Online processing time
instant
Mailing fee
$0
Mail processing time
4-7 days
Failure to pay
Minnesota immediately dissolves LLCs that do not file on time.
Articles of Organization
In Minnesota, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
There are a couple of ways to file
Address
Minnesota Secretary of State — Business Services
Retirement Systems of Minnesota Building
60 Empire Drive, Suite 100
St Paul, MN 55103
Online fee
$155
Online processing time
1 - 2 weeks
Mailing fee
$155
Mail processing time
1 - 2 weeks
Entity name
Every LLC should have a unique name in Minnesota. Minnesota maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Minnesota search business filings tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Minnesota business services. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$55
Reservation period
1 year
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
§ 322C.0108 Minnesota Statutes
Visit
Here are some of the guidelines in simple language:
- 1
The limited liability company name must contain the words "limited liability company," or must contain the abbreviation "LLC".
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Renewal in Minnesota
It is very important to maintain full compliance in Minnesota. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Minnesota.
Minnesota LLC
Minnesota Business search