How to dissolve a Minnesota Limited Liability Company
How do you dissolve/terminate a Minnesota Limited Liability Company?
LLCs which accepted contributions:
LLCs which have not accepted contributions:
The forms you need to dissolve your LLC are available in your online account when you sign up for registered agent service with Northwest. Keep the original and submit a legible copy to the SOS.
Deliver dissolution documents to:
Is there a filing fee to dissolve or terminate a South Dakota LLC?
Notice of Dissolution: $35
Do you need a Department of Revenue clearance before the Minnesota Secretary of State will accept your dissolution?
No, you don’t need tax clearance to dissolve your Minnesota LLC.
How long does it take the state to process the filing?
Most documents are processed by the Minnesota SOS in 5-7 business days. Filed documents are mailed back to the LLC. Expect to receive the documents 7-10 business days after filing.
How long before someone can take your business name?
Your business name becomes available immediately after your LLC files for dissolution.
What is the penalty if you do not dissolve properly and just don’t file your annual reports?
A Minnesota limited liability company that has not filed a renewal when due will be administratively dissolved without further notice from the SOS.
What are the late fees and penalties to re-register if your registration is forfeited?
An administratively dissolved Minnesota LLC must pay a $25 fee and file an annual renewal in order to be reinstated.
If you are establishing another company and you want it done right the first time, you may find our incorporation filing service and registered agent service helpful. As your Minnesota registered agent, we provide all the forms and filing instructions you may need in your online account. Or you can hire us for our incorporation services and we will do the filing for you.
Northwest Registered Agent, LLC.
St. Louis Park, MN 55416