LLC Cost Calculators Minnesota

Minnesota LLC Cost Calculator

Calculate the total cost to form an LLC in Minnesota. Filing fee: $155. Annual Renewal (no fee): $0, but the filing is still required. Free Minnesota LLC cost breakdown.

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$0$2,000

Pre-filled: Compiled multi-state LLC fee survey — pending verification against the state fee schedule

$0$2,000

Pre-filled: Minnesota Secretary of State

$0$500

Additional Details

120

Year 1 Total Cost

$480.00

Estimated • Based on your inputs

Annual Ongoing Cost

$175.00

Detailed Breakdown

5-Year Total Cost$1,180.00
44%
Initial Formation Cost$305.00
11%
Projected Total Cost$1,180.00
44%

Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.

Minnesota Quick Facts
9.8% Income Tax Rate
1.00% Property Tax Rate
$87,117 Median Income
93.4 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in Minnesota include the state filing fee ($155), any recurring state filing, registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in Minnesota. Minnesota charges nothing for the annual renewal while the LLC is active and in good standing, but the renewal is still mandatory — an LLC that skips it is administratively dissolved, and reinstatement is not free. The filing is due December 31.

Key State Information

Minnesota LLC filing fee: $155. Annual Renewal (no fee): $0 — Minnesota charges nothing, but the filing is still mandatory. Minnesota's LLC filing fee is moderate.

Standard financial formulas Pre-filled with documented data Estimates only — not financial advice
Data Source
Minnesota Secretary of State — LLC forms and fees
View Original Source | Source record reviewed | Review target: annually

Example Calculation

Let's calculate the cost to form and maintain an LLC in Minnesota.

Forming a single-member LLC in Minnesota: state filing fee $155, registered agent service (~$125/year), EIN from IRS (free), and a DIY operating agreement (free, or $500-$1,500 with an attorney). Minnesota's annual report/franchise tax is $0 — no recurring state fee.

Result: Year 1 total: approximately $280 (plus any optional attorney fees). Ongoing annual cost: approximately $125/year. Nationally, filing fees range from $35 (Montana) to $500 (Massachusetts) and recurring state costs range from $0 (several states) to $800/year (California) — so Minnesota's cost may be far cheaper, or more expensive, than forming elsewhere. Don't form in Delaware or Wyoming just for their reputation — you'll still need to register as a foreign LLC at home and pay both states.

SC

StateCalc Team

Editorial Team

The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.

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Frequently Asked Questions

How much does it cost to form an LLC in Minnesota?

The state filing fee is $155. Including a registered agent ($0 if you serve as your own, $100-$300/year for a commercial service) and an operating agreement (free to write yourself, ~$150 from a template service), expect to pay $155 to $605 to form an LLC in Minnesota. The recurring state filing is still required but currently costs $0, so ongoing cost is just your registered agent.

Do I need a registered agent for my Minnesota LLC?

Yes, Minnesota requires every LLC to have a registered agent with a physical street address in the state. You can serve as your own agent for $0 if you have a Minnesota address and are willing to have it appear on the public record, or hire a commercial registered agent service for $100-$300/year.

Does Minnesota require an annual report for LLCs?

Minnesota does require the filing, but currently charges no fee for it. Minnesota charges nothing for the annual renewal while the LLC is active and in good standing, but the renewal is still mandatory — an LLC that skips it is administratively dissolved, and reinstatement is not free. It is due December 31.

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