Minnesota LLC Annual Renewal [Step-by-step] | LLC University® (2024)

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Minnesota LLC Annual Renewal [Step-by-step] | LLC University® (1)All LLCs doing business in Minnesota must file an Annual Renewal each year.

Most states refer to this as the “Annual Report”, but Minnesota uses the term “Annual Renewal”. They use the words interchangeably though, and you may also see us do the same.

You need to file an Annual Renewal in order to keep your LLC in compliance and in good standing with the state of Minnesota.

You can file your LLC’s Annual Renewal by mail or online. We recommend filing online since it’s easier and the processing time is quicker.

You will find instructions below for both filing by mail and filing online.

Fee
There is no fee ($0) if your LLC is in good standing.

If your LLC has been administratively dissolved (shut down) for failing to file an Annual Renewal in the past, then you have to pay a filing fee ($25 for by mail, $45 for online) if you want to have your LLC reinstated.

Processing Times
If you file by mail, the processing time is 4-7 business days. If you file online, the processing time is immediate.

Due Date
Your Annual Renewal must be received by the state before December 31st each year.

Your first Annual Renewal is due the year following the year your LLC was approved. For example, if your LLC was formed on October 15th 2024, your first Annual Renewal is due by December 31st 2025.

Penalty
If you don’t file your Annual Renewal by December 31st, the state will administratively dissolve (shut down) your LLC. We recommend filing earlier in the year to avoid any issues.

How early can it be filed?
January 1st.

Reminders
The Minnesota Secretary of State sends out reminder emails and postcards each fall, usually to your LLC’s Registered Agent. If you provided your email address when you filed your Articles of Organization, then the state will also use that email address to send reminders.

Instructions for Filing Minnesota Annual Renewal by Mail

Download the Annual Renewal Form (LLC)

Note: You can print the form, fill out by hand (use blue or black pen), then sign; or, you can type in the form on your computer, then print and sign. When printing, use regular white paper (8.5″ x 11″).

1. File Number
Enter your Minnesota LLC’s File Number. You can find your File Number in your LLC approval documents, or you can search your LLC name here, click “Details” to the right of your LLC, then look for File Number.

2. Home Jurisdiction
This means the state or jurisdiction where your LLC was organized. Enter “Minnesota”.

3. Business Name
On the first line, enter your complete LLC name, including the designator (“LLC”, “L.L.C.”, “Limited Liability Company”, etc.).

4. Alternate Name used in Minnesota, if any
Only enter an alternate name if you are a Foreign LLC (an LLC formed in another state, registering in Minnesota); otherwise, you can leave this blank.

5. Registered Agent and Office Address
Enter the street address (PO Boxes are not allowed) and name of your Minnesota Registered Agent in the corresponding boxes.

If your Registered Agent is an individual, they must be a resident of Minnesota. If your Registered Agent is a company, they need to be authorized to do business in the state.

  • Related article: If you’re not sure who can serve as your Minnesota LLC’s Registered Agent, please refer to this lesson: Minnesota LLC Registered Agent.

6. Principal Executive Office Address
Enter your LLC’s Executive Office Address. This address can be your home address, an office address, or the address of your Registered Agent.

7. Chief Manager
Enter the name and address of the “chief manager”, the person responsible for running the day-to-day business.

Email Address for Official Notices
Enter your email address so the Minnesota Secretary of State can send you reminder notices about your ongoing Annual Renewals. Check off the box below to keep your email from being purchased and used for junk email.

Contact Person Info
Enter the name and phone number of a person the Minnesota Secretary of State can contact about your LLC. This will most likely be you.

Agricultural or Farming Land
Check off the “Yes” box if your LLC owns, leases or has any financial interest in agricultural land (or land capable of being farmed). If not applicable, check off the “No” box.

If your LLC owns, leases, or has a financial interest in agricultural land (or land capable of being farmed), you are required by law to register with the MN Department of Agriculture. The fee is $15. You can download the registration form hereand find more information here.

Prepare Payment:
If your LLC is in good standing, then you don’t have to send any money along with the Annual Renewal form.

If your LLC has been administratively dissolved (shut down) for failing to file an Annual Renewal in the past, then you have to pay a $25 filing fee if you want to have your LLC reinstated. If so, prepare a check or money order and make it payable to the “MN Secretary of State”.

Mail Documents:
Send your completed Annual Renewal form (and filing fee, if applicable) to:

MN Secretary of State – Business Services
Retirement Systems of MN Building
60 Empire Drive, Suite 100
St. Paul, MN 55103

Approval:
When filing your Annual Renewal by mail, you will not receive back any confirmation.

To verify that your Annual Renewal has been processed, you’ll need to search your LLC here, click “Details” to the right of your LLC, scroll to the bottom and click “Renewal History”, and you’ll see the correct filing date. Please allow 1 to 2 weeks for your Renewal History to be updated.

Alternatively, you can call the state at 651-296-2803 (option 2) between 9am and 4pm to verify that your Annual Renewal has been processed.

Instructions for Filing Minnesota Annual Renewal Online

1. Get Started
Visit the Minnesota Secretary of State’s website and sign in. If you don’t have an account, please register and create one.

Under the “Business” column (on the left), click the link titled “New Business, Amendment, Annual Renewal or Reinstatement“.

2. Search your LLC
Search for your LLC at the top of the page. Then in the search results, click the “Details” link to the right of your LLC name.

Tip: If your LLC has been administratively dissolved (shut down), select “Inactive” as your filing status before entering your LLC’s name in the search box.

3. Click File Amendment/Renewal
At the top of your LLC’s record page, click the “File Amendment/Renewal” link. Then, scroll to the bottom and look on the left (under “Amendments – Available for Filing”). Click the “Annual Renewal – Limited Liability Company (Domestic)” link.

Tip: If your LLC has been administratively dissolved (shut down), select the “Annual Reinstatement – Limited Liability Company (Domestic)” link.

4. Manager
Enter the name and address of the “chief manager”, the person responsible for running the day-to-day business.

5. Principal Executive Office Address
Enter your LLC’s Executive Office Address. This address can be your home address, an office address, or the address of your Registered Agent.

5. Delivery Information
If you have already submitted this information when you filed your Articles of Organization, then it will automatically appear in the boxes. If not, enter the name and phone number of a person the Minnesota Secretary of State can contact about your LLC. This will most likely be you.

6. Client Reference Information
Leave the “Client Reference” box blank. This section is for people/companies who file lots of LLCs on behalf of others and is most likely not applicable to you.

7. Email Address for Official Notices
Enter your email address so the Minnesota Secretary of State can send you reminder notices about your ongoing Annual Renewals. Check off the box below to keep your email from being purchased and used for junk email.

8. Agricultural or Farming Land
Select “Yes” if your LLC owns, leases or has any financial interest in agricultural land (or land capable of being farmed). If not applicable, select “No“.

If your LLC owns, leases, or has a financial interest in agricultural land (or land capable of being farmed), you are required by law to register with the MN Department of Agriculture. The fee is $15. You can download the registration form here and find more information here.

9. Review
Review your information for accuracy and check for typos. If you need to make any changes, click the “Previous” button at the bottom.

If everything looks good, click the “Submit” button to file your Annual Renewal with the state.

Congratulations, your Minnesota LLC Annual Renewal has been filed for processing!

Tip: If your LLC has been administratively dissolved (shut down), click the “Continue to Make Payment” button to proceed to the US Bank Electronic Payment System. Click the “Pay Without Registering” link, enter your billing information, and then click the “Continue” button to submit your payment along with your Annual Renewal.

Verification:
If you file your Annual Renewal online, you will receive back an email confirmation once your Annual Renewal has been processed.

Minnesota Secretary of State Contact Info

If you have any questions, you can contact the Minnesota Secretary of State by phone at 651-296-2803 (Option 2) between 9am and 4pm, or by email at business.services@state.mn.us.

Minnesota LLC Annual Renewal [Step-by-step] | LLC University® (2)

Matt Horwitz

Founder & Educator, LLC University®

Matt Horwitz is the leading expert on LLC education, and has been teaching for 15 years. He founded LLC University in 2010 after realizing people needed simple and actionable instructions to start an LLC. He's cited by Entrepreneur Magazine, Yahoo Finance, and the US Chamber of Commerce, and was featured by CNBC and InventRight.

Matt holds a Bachelor's Degree in business from Drexel University with a concentration in business law. He performs extensive research and analysis to convert state laws into simple instructions anyone can follow to form their LLC - all for free! Read more about Matt Horwitz and LLC University.

Minnesota LLC Guide

Looking for an overview? See Minnesota LLC

How much does it cost? How long does it take?

  1. Name Search
  2. Registered Agent
  3. Articles of Organization
  4. Operating Agreement
  5. EIN Number
  6. Annual Renewal
  7. Licenses and Permits
  8. Taxes
Minnesota LLC Annual Renewal [Step-by-step] | LLC University® (2024)

FAQs

Do you need to renew your LLC every year in Minnesota? ›

Minnesota businesses must file renewals every year to remain active. This page contains the instructions to renew your business, or to change your filing if necessary.

Is there an annual fee for an LLC in Minnesota? ›

Minnesota Annual Renewal: $0

However, if you don't file your Annual Renewal on time, your business will be dissolved by the state, and you'll need to pay a $25 fee ($45 online or in person) to get the business reinstated. Learn how to file your Minnesota Annual Renewal.

Does Minnesota require an annual report? ›

Minnesota requires all corporations, nonprofits (domestic only), LLCs, LPs, and LLPs to file a Minnesota Annual Renewal – also called an annual report. These reports must be submitted each year to the Minnesota Secretary of State, Business Services.

Do I need a registered agent for my LLC in MN? ›

All business entities operating in the state must have a registered agent. Registered agents can be Minnesota residents or businesses operating in Minnesota. Minnesota registered agents must have a physical address and have someone available there during normal business hours (9 am to 5 pm), Monday through Friday.

How are LLCs taxed in Minnesota? ›

Minnesota LLC members must pay federal income tax at the 15.3% self-employment rate plus state income tax at a graduated rate. Minnesota collects a state sales tax of 6.875%, and most municipalities also levy a local sales tax.

How do I change the name of an LLC in Minnesota? ›

If you are a Minnesota-organized business entity, file the applicable business name change form and filing fee with the Secretary of State. 3.) If you are a foreign business entity, file the applicable form and filing fee with the Minnesota Secretary of State: Foreign corporation -- Name Change Amendment Form.

Is LLC annual fee tax deductible? ›

Every year after that, the tax payments are due on the 15th of the fourth month of your tax year — April 15 for most businesses. Plus, California's LLC annual fee is tax deductible for federal taxes. You can deduct the $800 Franchise Tax – and any additional annual fee you pay.

Does a single member LLC need an EIN in Minnesota? ›

An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account. State tax identification number. Minnesota does not require a state tax identification number.

Does Minnesota require an operating agreement for an LLC? ›

The state of Minnesota does not require an LLC Operating Agreement, but it may still be recommended for many LLCs.

What happens if an annual report is not filed? ›

If you still do not file, your corporation will lose its “good standing,” which may make it more difficult to run certain business operations. If you still do not file, your state agency will dissolve your corporation and strike it off the register.

Is annual report mandatory? ›

In general, most states require corporations and other businesses with shareholders to file annual reports. If they fail to do so, they may lose their corporate designation and the tax advantages that go with that designation.

What are the mandatory contents of the annual report? ›

Annual reports typically include financial statements, such as balance sheets, income statements, and cash flow statements. In addition, there will often be graphs or charts included, helping break down the financials into easily readable information.

How much is an LLC in Minnesota? ›

How much does it cost to form an LLC in Minnesota? The Minnesota Secretary of State charges $135 to file the Articles of Organization by mail and $155 to file online or in-person. You can file an LLC name reservation for $50 if filed by mail and $55 if filed online or in-person.

Why is sole proprietorship better than LLC? ›

Less paperwork: Due to their limited nature, sole proprietorships often face fewer state regulations and paperwork than LLCs, which may need to file annual reports.

How long does it take to get an LLC in Minnesota? ›

How long does it take to form an LLC in Minnesota? Typically, once the Articles of Organization are filed with the Minnesota Secretary of State, it takes about 5-7 business days for processing. However, expedited services can reduce this time frame for an additional fee.

Do I need to renew my LLC every year in Wisconsin? ›

If you have a Wisconsin LLC, you must submit an annual report and fee. You'll also need to file and pay some business taxes and returns. This article covers the most important ongoing reporting and state tax filing requirements for LLCs in Wisconsin.

Do you have to renew an LLC every year in CT? ›

Connecticut LLCs must file by March 31 each year. Late Fees: Connecticut does not charge late fees for failing to file an annual report. However, your business will no longer be in good standing. If you continue to be delinquent for more than a year, your business will be administratively dissolved.

How often do you have to renew your LLC in Iowa? ›

All for-profit corporations, limited liability companies, and limited partnerships are all required to renew your business filing every two years. Corporations file in even-numbered years. Limited Partnerships file in odd-numbered years. Limited Liability Companies file in odd-numbered years.

Do I have to renew my LLC every year in NY? ›

Domestic and foreign limited liability companies (LLCs) are required by Section 301(e) of the Limited Liability Company Law to file a Biennial Statement every two years with the New York Department of State setting forth the address to which the New York Secretary of State shall mail a copy of any process accepted on ...

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