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Minnesota Business Registration

Minesota Corporation (C-Corp & S-Corp) Formation
Minesota LLC Formation

Minnesota is a state in the Upper Midwest, Great Lakes, and Northern regions of the United States. The 'Land of 10,000 Lakes' borders the Canadian provinces of Ontario and Manitoba in the North, North Dakota and South Dakota in the West, Iowa in the South, and Wisconsin in the Southeast. It shares a water border with Michigan in Lake Superior. Minnesota is divided into 87 counties. Minnesota has a total area of 86,950 square miles (225,163 km2).

The United States Census Bureau estimates the population of Minnesota was 5.64 million as of 2019. Minnesota does not have an official language. English is the most widely spoken language across the state, but small Spanish, German, and other foreign language populations exist as well.

The Government of Minnesota is the governmental structure as established by the Constitution of Minnesota. Minnesota government, as at the national level of government, power is distributed among three branches: Legislative, Executive, and Judicial.

  • The legislature of Minnesota is the General Assembly, a bicameral body consisting of the Senate and the House of Representatives;
  • The Executive branch headed by the Governor;
  • The highest judicial power is the Supreme Court of Minnesota.

In 2019, the real GDP of Minnesota was about $333.267 billion. The GDP per capita of Minnesota was $60,066 in 2019.

Minnesota's earliest industries were fur trading and agriculture. Minnesota's economy is slowly shifting from agriculture and manufacturing, two highly visible industries, toward service industries such as education and health services and professional and business services. Other sectors of Minnesota’s economy are mining and energy production.

Minesota, USA Offshore Company Registration

Benefits for offshore company formation in Minesota, USA

  • Competitive tax rates
  • Strong pro-business policies
  • Streamlined regulatory processes
  • Low operating expense
  • Friendly business environment

Minesota LLC and Minesota Corporation (C-Corp & S-Corp) Formation

  Limited Liability Company (LLC) Corporation (C- Corp and S-Corp)
Corporate Tax Rate

Minnesota’s corporate tax consists of a flat tax rate of 9.8% plus an additional, alternative minimum tax (AMT).

Company Name

The corporations’ name must contain the words "Corporation," "Incorporated," "Limited," "Company" or an abbreviation thereof.

The proposed name must be unique and available in Minnesota.

The corporations’ name must contain the words "Corporation," "Incorporated," "Limited," "Company" or an abbreviation thereof.

The proposed name must be unique and available in Minnesota.

Board of Directors

Minimum of one manager & member required for an LLC.

Minnesota has no age and residency requirements for managers/members.

The members’ names and addresses are not required to be listed in the Articles of Organization while the managers’ information is required.

Minimum of one director & shareholder required for a corporation.

Minnesota has no age and residency requirements for directors/shareholders.

The directors & shareholders’ names and addresses are not required to be listed in the Articles of Incorporation.

Other requirement

Annual Report: LLCs in Minnesota are required to file an Annual Report by December 31.

Registered Agent: A Minnesota Registered Agent is a person or company who accepts legal mail on behalf of your Minnesota LLC in case your business gets sued.

Employer Identification Number (EIN): is also known as a federal tax identification number, and is used to identify a business entity in the USA.

Annual Report: Corporations in Minnesota are required to file an Annual Report by December 31.

Stock: In the Articles of Incorporation, corporations must list the authorized shares.

Registered Agent: In Minnesota, your Registered Agent will also serve as a general point of contact for receiving business and tax notices, payment reminders, and other documents.

Employer Identification Number (EIN): is also known as a federal tax identification number, and is used to identify a business entity in the USA.

How to start a business in Minnesota: In 4 Easy Steps

Preparation

1. Preparation

Select basic Resident/Founder nationality information and other additional services that you want (if any)

Filling

2. Filling

Register or log in and fill in the company names and director/ shareholder(s) and fill in the billing address and special request (if any).

Payment

3. Payment

Choose your payment method (We accept payment by Credit/Debit Card, PayPal, or Wire Transfer).

  • Credit/Debit card (Amex, Mastercard, Visa)
  • PayPal
  • Wire transfer
Delivery

4. Delivery

You will receive soft copies of necessary documents including Certificate of Incorporation, Business Registration, Memorandum and Articles of Association, etc. Then, your new company in Minesota is ready to do business. You can bring the documents in the company kit to open a corporate bank account or we can help you with our long experience of Banking support services.

How much does it cost to start a business in Minnesota, USA?

From

US$ 599 Service Fees
  • Done within 2 working days
  • 100% successful rate
  • Fast, easy & highest confidential
  • Dedicated support (24/7)
  • Just Order, We Do All For You
Limited Liability Company (LLC) From US$ 599
Corporation (C- Corp and S-Corp) From US$ 599

Recommended services

Set Up Company in Minnesota (USA) with the main characteristics

Limited Liability Company (LLC)

General Information
Type of Business Entity Limited Liability Company (LLC)
Corporate Income Tax Yes - 9.8%
British Based Legal System No
Double Tax Treaty Access No
Incorporation Time Frame (Approx., days) 2 - 3 working days
Corporate Requirements
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Corporate Directors Permitted Yes
Standard Authorized Capital/Shares N/A
Local Requirements
Registered Office/ Registered Agent Yes
Company Secretary Yes
Local Meetings No
Local Directors / Shareholders No
Publicly Accessible Records Yes
Annual Requirements
Annual Return Yes
Audited Accounts Yes
Incorporation Fees
Our Service Fee (1st year) US$ 599.00
Government fee & Service charged US$ 300.00
Annual Renewal Fees
Our Service Fee (year 2+) US$ 499.00
Government fee & Service charged US$ 300.00

Corporation (C-Corp or S-Corp)

General Information
Type of Business Entity Corporation (C-Corp or S-Corp)
Corporate Income Tax Yes - 9.8%
British Based Legal System No
Double Tax Treaty Access No
Incorporation Time Frame (Approx., days) 2 - 3 working days
Corporate Requirements
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Corporate Directors Permitted Yes
Standard Authorized Capital/Shares N/A
Local Requirements
Registered Office/ Registered Agent Yes
Company Secretary Yes
Local Meetings No
Local Directors / Shareholders No
Publicly Accessible Records Yes
Annual Requirements
Annual Return Yes
Audited Accounts Yes
Incorporation Fees
Our Service Fee (1st year) US$ 599.00
Government fee & Service charged US$ 470.00
Annual Renewal Fees
Our Service Fee (year 2+) US$ 499.00
Government fee & Service charged US$ 470.00

Scope of Services

Limited Liability Company (LLC)

1. Company Formation Service Fee

Services and Documents Provided Status
Agent Fee Yes
Name Check Yes
Preparation of Articles Yes
Same-day Electronic Filing Yes
Certificate of Formation Yes
Digital Copy of Documents Yes
Digital Corporate Seal Yes
Lifetime Customer Support Yes
One Complete Year (12 Full Months) of Minnesota Registered Agent Service Yes

2. Government Fee

Services and Documents Provided Status
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. Yes
Submission of application to the Registrar of Companies Yes

To incorporate a Minnesota company, the client is required to pay the Government Fee, US$ 300, including

  • Government Filing cost: US$ 100
  • Registered Agent Fee for 1 year: US$ 200

Corporation (C-Corp or S-Corp)

1. Company Formation Service Fee

Services and Documents Provided Status
Agent Fee Yes
Name Check Yes
Preparation of Articles Yes
Same-day Electronic Filing Yes
Certificate of Formation Yes
Digital Copy of Documents Yes
Digital Corporate Seal Yes
Lifetime Customer Support Yes
One Complete Year (12 Full Months) of Minnesota Registered Agent Service Yes

2. Government Fee

Services and Documents Provided Status
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. Yes
Submission of application to the Registrar of Companies Yes

To incorporate a Minnesota company, the client is required to pay the Government Fee, US$ 470, including

  • Government Filing cost: US$ 100
  • Registered Agent Fee for 1 year: US$ 370

Download forms - Set Up Company in Minnesota (USA)

1. Application Formation Form

Description QR Code Download
Application for Limited Company
PDF | 1.41 MB | Updated time: 06 May, 2024, 16:50 (UTC+08:00)

Application form for Limited Company processing

Application for Limited Company Download
Application Formation Form LLP LLC
PDF | 2.00 MB | Updated time: 06 May, 2024, 16:57 (UTC+08:00)

Application Formation Form LLP LLC

Application Formation Form LLP LLC Download

2. Business Plan Form

Description QR Code Download
Business Plan Form
PDF | 654.81 kB | Updated time: 06 May, 2024, 16:59 (UTC+08:00)

Business Plan Form for Company Incorporation

Business Plan Form Download

3. Rate card

Description QR Code Download
Minnesota (C-Corp or S-Corp) Rate card
PDF | 792.71 kB | Updated time: 31 Dec, 2020, 11:23 (UTC+08:00)

Basic Features and Standard price for Minnesota (C-Corp or S-Corp)

Minnesota (C-Corp or S-Corp) Rate card Download
Minnesota LLC Rate card
PDF | 791.57 kB | Updated time: 31 Dec, 2020, 11:23 (UTC+08:00)

Basic Features and Standard price for Minnesota LLC

Minnesota LLC Rate card Download

4. Company Profile

Description QR Code Download
Company Profile
PDF | 3.31 MB | Updated time: 30 Sep, 2024, 12:46 (UTC+08:00)

Discover our company profile to gain a deeper understanding of who we are

Company Profile Download

5. Sample Documents

Description QR Code Download

Select Your State Below

View more detailed information on Incorporation requirements

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Partnership & Intermediaries

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Partnership Program

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Set Up Company in Minnesota (USA) Publications

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About Us

We are always proud of being an experienced Financial and Corporate Services provider in the international market. We provide the best and most competitive value to you as valued customers to transform your goals into a solution with a clear action plan. Our Solution, Your Success.