LLC Annual Report in Minnesota
When a Minnesota LLC's annual report is due, the fee, and the penalty for filing late.
Short answer: Beginning the calendar year after it files its Articles of Organization, a Minnesota LLC (and a foreign LLC) must file an annual renewal with the Secretary of State by December 31 of each calendar year. Minn. Stat. 322C.0208, 322C.0705, 322C.0706
| Annual report | Beginning the calendar year after it files its Articles of Organization, a Minnesota LLC (and a foreign LLC) must file an annual renewal with the Secretary of State by December 31 of each calendar year. No fee is required to file the annual renewal. A domestic LLC that does not file its renewal is administratively terminated (a foreign LLC has its authority revoked); it may reinstate retroactively by filing a single annual renewal and paying a $25 fee. |
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| Registered agent | A business entity must continuously maintain a registered office in Minnesota; if the registered office on record is not an actual office location or is solely a post office box, a new address with an actual office location must be provided. A Minnesota LLC may designate a registered agent in its formation document (a foreign LLC must designate one when registering). The agent may be a natural person residing in Minnesota, a domestic corporation or LLC, or a foreign corporation or LLC authorized to do business in Minnesota, and must keep a business office identical with the registered office. The office or agent is changed by filing a statement with the Secretary of State. |
Where to get help in Minnesota
More Minnesota starting an llc & small business
- What an LLC Costs in Minnesota
- Registering a DBA (Assumed Name) in Minnesota
- All Minnesota starting an llc & small business rules
FAQ
Does an LLC have to file an annual report in Minnesota?
Beginning the calendar year after it files its Articles of Organization, a Minnesota LLC (and a foreign LLC) must file an annual renewal with the Secretary of State by December 31 of each calendar year. No fee is required to file the annual renewal. A domestic LLC that does not file its renewal is administratively terminated (a foreign LLC has its authority revoked); it may reinstate retroactively by filing a single annual renewal and paying a $25 fee.
Do you need a registered agent for an LLC in Minnesota?
A business entity must continuously maintain a registered office in Minnesota; if the registered office on record is not an actual office location or is solely a post office box, a new address with an actual office location must be provided. A Minnesota LLC may designate a registered agent in its formation document (a foreign LLC must designate one when registering). The agent may be a natural person residing in Minnesota, a domestic corporation or LLC, or a foreign corporation or LLC authorized to do business in Minnesota, and must keep a business office identical with the registered office. The office or agent is changed by filing a statement with the Secretary of State.
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.