LLC Formation Cost in Minnesota (2026)
Complete guide to Minnesota LLC filing fees, annual costs, and requirements
Minnesota LLC Cost Calculator
Minnesota LLC Costs — Complete Breakdown
| Cost Item | Cost | Frequency |
|---|---|---|
| Articles of Organization filing fee | $155 | One-time |
| Annual report / registration fee | $0 (not required) | N/A |
| Registered agent service | $50–$300 | Annual |
| Operating agreement | $0–$500 | One-time |
| EIN (Employer ID Number) | $0 (free via IRS) | One-time |
| Business bank account | $0–$15/mo | Monthly |
Forming an LLC in Minnesota: What You Need to Know
Minnesota charges $155 for LLC formation but NO annual report is required — making ongoing costs minimal. No state minimum franchise tax for LLCs.
Money-Saving Tips for Minnesota LLC Formation
Minnesota's no-annual-report policy significantly reduces ongoing administrative burden and costs. Good value for MN-based businesses despite the slightly higher initial fee.
Form Your Minnesota LLC Today
Bizee handles all Minnesota LLC paperwork for $0 service fee (you only pay the $155 state filing fee) and includes 1 year of free registered agent service — saving you $125 immediately.
Frequently Asked Questions
How much does it cost to form an LLC in Minnesota?
Forming an LLC in Minnesota requires a $155 state filing fee (Articles of Organization). Add $125/year for a registered agent service and $no annual report fee — total first-year cost is approximately $280.
Should I form my LLC in Minnesota or another state?
If you conduct business primarily in Minnesota, form your LLC here. Forming in another state (Wyoming, Delaware, New Mexico) and then operating in Minnesota requires paying foreign registration fees in Minnesota anyway — you end up paying both states' fees. Wyoming or New Mexico make sense only if you genuinely have no state-specific business presence and want lower costs or more privacy.
Do I need a registered agent in Minnesota?
Yes — Minnesota law requires every LLC to maintain a registered agent with a physical street address in Minnesota during normal business hours. You can serve as your own registered agent if you have a Minnesota address, but most business owners use a professional service ($50–$300/year) for privacy (your name and address are kept off public records) and reliability (someone is always available during business hours).
What are the annual costs to maintain an LLC in Minnesota?
Annual Minnesota LLC costs: No annual report required. Registered agent: $50–$300/year. Add bookkeeping/accounting ($100–$500/month) and business insurance ($500–$2,000/year) for a realistic total operating cost.
Minnesota LLC Facts
- State filing fee
- $155
- Annual report fee
- Not required
- Registered agent
- $50–$300/yr
- Processing time
- 5–7 business days
- First year total
- ~$280
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State LLC filing fees