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Minnesota Corporation & LLC Filing Requirements

General Info

Agencies

If you have further questions regarding business filings or fees, need additional filing forms, or want to contact your state’s business division, here is the agency’s contact information.

Minnesota Secretary of State
180 State Office Building
100 Reverend Dr. Martin Luther King Jr. Blvd.
St. Paul, MN 55155
(651) 296-2803
Greater MN toll free: 1-877-551-6767
FAX: (651) 297-7067
http://www.sos.state.mn.us/home/index.asp

If you have further questions regarding business taxes, need additional tax forms, or want to communicate with your state’s tax division, here is the agency’s contact information.

Minnesota Department of Revenue
600 North Robert Street
St. Paul, MN 55101
(651) 556-3075
E-mail: [email protected]
http://www.taxes.state.mn.us/

Minnesota State Statutes

To research the State Statutes for Minnesota Corporations, click here.
To research the State Statutes for Minnesota LLCs, click here.
To research the State Statutes for Minnesota Partnerships, click here.

Licensing

Business Licenses
Contact your state or local agencies regarding licensing issues.

Corporation

Annual Filing Requirements

Annual Report

Fee:
There is no filing fee for Domestic Corporations that file on a timely basis without Amendments; there is a $35 penalty for late filing. The filing fee for Foreign Corporations is $135.

Forms:
Annual Renewal (Online) – Online Annual Business Renewal
Profit Annual Renewal – Domestic Profit Annual Renewal
Non-Profit Annual Renewal – Domestic Non-Profit Annual Renewal
Foreign Annual Renewal – Foreign Profit or Non-Profit Annual Renewal

Due Date:
An annual registration form must be filed with the Secretary of State by December 31st.

Corporation Tax Returns

Tax:
The income tax rate is 9.8% of taxable income.

S Corporation status is recognized by the State of Minnesota. A separate state election from the federal election is not required; however, Minnesota does assess a minimum fee on S Corporations based upon certain factors. The fee ranges from a $0 minimum to $5,000.

Due Date:
Corporate Franchise Tax returns, including short-year returns, must be filed by the due date for filing your federal income tax return, which is normally April 15th.

Limited Liability Company

Annual Filing Requirements

Annual Report

Fee:
There is no filing fee for Domestic or Foreign Companies that file on a timely basis without Amendments; there is a $35 penalty for late filing.

Due Date:
An annual registration form must be filed with the Secretary of State by December 31st.

LLC Tax Returns

Tax:
The income tax rate is 9.8% of taxable income.

Forms:
Corporate Tax Form M4 – 2010 Franchise Tax Return (if LLC filed as Corp) (instructions)
Partnership Tax Form M3 – 2010 Franchise Tax Form (if LLC filed as Partnership) (instructions)
Forms List – 2010 Partnership Forms (also 1994-2009 Forms)

Due Dates:
If filing Form M4, Tax payment must be filed by the due date for filing your federal income tax return, which is normally April 15th.

If filing Form M3, payment due date is the 15th day of the 4th month after the end of the fiscal year, or April 15th for calendar year filings.

Disclaimer

SmallBiZ.com is not associated in any way, either directly or indirectly with any local, state, or federal governmental agency. Below is the state governmental agency info which handles corporation filings. You can download any of the state’s filing forms for free directly from the state’s website and do not have to use SmallBiZ.com to file them with the state. For more information, see the SmallBiZ Filing Service.

We are providing the following for informational purposes only, which should not be a replacement for the advice of those licensed to give tax and legal advice. Further, although we make every effort to keep the information up-to-date, we make no guarantees as to the accuracy of the information presented in this current revision. Please report any problems you encounter to us by CLICKING HERE (please include state and defective link in your report).