๐Ÿข LLC Cost Calculators Minnesota

Minnesota LLC Cost Calculator

Calculate the total cost to form an LLC in Minnesota. Filing fee: $155. Annual fee: $0. Free Minnesota LLC cost breakdown.

Free โ€” No Sign-up Verified Data Editorially Reviewed Updated
Minnesota Quick Facts
9.8% Income Tax Rate
1.12% Property Tax Rate
$77,706 Median Income
96.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in Minnesota include the state filing fee ($155), annual report/franchise fees ($0/year), registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in Minnesota.

Key State Information

Minnesota LLC filing fee: $155. Annual report fee: $0/year. Minnesota's LLC filing fee is moderate. Minnesota does not charge an annual report fee for LLCs.

Standard financial formulas Pre-filled with real state data Estimates only โ€” not financial advice
Data Source
Minnesota Secretary of State
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much does it cost to form an LLC in Minnesota?

The state filing fee is $155. Including a registered agent ($0-$125/year) and operating agreement (~$150), expect to pay $305-$430 to form an LLC in Minnesota. Annual ongoing costs are approximately $125/year.

Do I need a registered agent for my Minnesota LLC?

Yes, Minnesota requires every LLC to have a registered agent with a physical address in the state. You can serve as your own agent if you have a Minnesota address, or hire a registered agent service for $100-$300/year.

Does Minnesota require an annual report for LLCs?

Minnesota does not charge an annual report fee for LLCs, though you may still need to file other periodic documents.

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