INCORPORATING MINNESOTA CORPORATIONS
What is a Minnesota corporation?
Minnesota corporations are separate legal entities established by the shareholders. The shareholders elect to have an incorporator make the action to incorporate a Minnesota corporation to create a separate entity from them personally.
How much do Minnesota corporations cost?
A Minnesota corporation will cost $155 to file the articles of incorporation online or in person. The state filing fee is only $135 if you file by mail.
How do I form a Minnesota corporation?
File articles of incorporation with the MN Secretary of State. It will take about 5-7 business days to process your MN corporation Articles of Incorporation if you use a paper form. Online filings are processed in 24 business hours but cost an additional $20.
How are Minnesota corporations regulated?
Minnesota corporations are governed by Minnesota Code – Chapter 302A Business Corporations.
What do the Minnesota Articles of Incorporation require?
An incorporating Minnesota ending such as Inc, corporation, or incorporated; an amount of Minnesota corporation shares you would like to authorize; the name, address, and signature of the Minnesota incorporator(s); and the registered agent of the proposed Minnesota corporation. You need to list a contact name, phone number, and email address.
You can do this yourself and use our free Minnesota corporate tools we provide in your online account, or you can pay our $100 incorporating Minnesota service fee and we’ll do it for you. When you pay us to form your Minnesota corporation, your money actually goes back into the local community. Why? Because we actually run a corporation in Minnesota, just like you.
What does your Minnesota incorporation service include?
- Drafting custom MN corporation articles of incorporation.
- The incorporator initial resolutions.
- Minnesota corporate bylaws.
- The Minnesota corporation state filing fees.
- MN Registered agent service.
- Our fees are: $100 incorporating Minnesota service and $125 Minnesota corporate agent service.
Total incorporating Minnesota package for only $385 to form a Minnesota corporation, and that includes the state filing fees.
Do I need a Minnesota registered agent?
You will need to include your Minnesota registered agent in your articles of incorporation. Your registered agent accepts service of process and state mail on behalf of your business.
What are the ongoing fees for a Minnesota corporation?
You will need to file the Minnesota annual renewal. There is no fee for the MN corporation renewal.
What about Minnesota taxes?
Minnesota corporations must pay Minnesota taxes. The corporate tax rate in MN is 9.8%.
How do I get a Federal Tax ID Number?
If you need a federal tax ID number, that can be obtained online immediately with the IRS.
What do I need to know about my Minnesota Corporation?
The following information can help you make additional corporate filings with the state:
- If you are interested in Registering a Corporation in Another State, you may need to order a Minnesota Certified Copy.
- If you would like to do business outside the US, you may need a Minnesota Apostille.
- If your MN corporation is delinquent, we suggest learning about Minnesota Corporation Reinstatement.
- If you are ready to end your Minnesota corporation, you should look into Minnesota Corporation Dissolution.
What corporation forms will I need?
We do everything we can to make running your corporation as smooth as possible. Please take advantage of our free Corporation Forms. We also provide all the state forms and filing instructions in your online account when you sign up.
Should I incorporate in Minnesota?
If you need help deciding between Minnesota incorporation and forming a Minnesota LLC, we suggest compairing the two types of entity.