Setting up an LLC in Minnesota? Here's a powerful data point to start with: your five-year ownership cost could be as low as $155. This unique structure stems from a $155 initial filing fee for your Articles of Organization with the Secretary of State, followed by $0 annually for renewals. Yes, you still need to submit the renewal paperwork, but active LLCs face no recurring state fees. Unlike many other states, Minnesota imposes no general franchise tax on pass-through entities, no publication mandate, and no baseline business privilege fee for standard LLCs. This combination, despite the higher initial fee, positions Minnesota among the most affordable states for long-term LLC operation.
A Quick Rundown for Founders
You'll file your Articles of Organization with the Minnesota Secretary of State. The fee is $155 if you do it online or in person, or $135 if you send it by mail. An annual renewal is mandatory every calendar year, with a deadline of December 31. Crucially, this renewal is free for active LLCs that remain in good standing. This isn't a trick, Minnesota Statutes § 322C.0210 mandates the renewal without attaching any fee. The state legislature deliberately opted to finance the Secretary of State's office through initial formation fees, avoiding ongoing annual charges. If you miss the deadline, a $25 reinstatement fee applies, but timely renewals genuinely cost nothing.
It's worth noting Minnesota has a "Minimum Fee"
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