How to dissolve a Minnesota Corporation
How do you dissolve a Minnesota Corporation?
Corporations which have issued shares:
Corporations which have not issued shares:
The corporation may use the SOS dissolution forms, or if those do not meet the corporation’s needs, draft custom dissolution documents. The forms you need to dissolve your Minnesota corporation are available in your online account when you sign up for registered agent service with Northwest.
Keep the original document and submit a legible copy to the SOS. The Minnesota Secretary of State accepts filings by mail, in person, and online. The Minnesota SOS accepts cash or check for paper filings and credit card or check for electronic filings. Makes checks for fees payable to “MN Secretary of State”.
Deliver corporate dissolution documents to:
What is the filing fee to dissolve or cancel a South Dakota Corporation?
Intent to dissolve: $35
Do you need a Department of Revenue clearance before the Minnesota Secretary of State will accept your dissolution?
No, Minnesota does not require tax clearance to dissolve a corporation.
How long does it take the state to process the filing?
It takes the SOS five to seven business days to process most filings. The Secretary of State mails filed documents back to the corporation after filing. You get the document(s) back within seven to ten business days of filing.
How long before someone can take your business name?
Your business name becomes available immediately after you file for corporate dissolution.
What is the penalty if you just don’t file your annual renewals?
If a Minnesota corporation does not file its annual renewal, the SOS issues a certificate of administrative dissolution without further notice.
Northwest Registered Agent, LLC.
St. Louis Park, MN 55416