Starting a Business in Minnesota Checklist
Register my name and start a business with the Minnesota Secretary of StateSearch to see if your business name is available: http://mblsportal.sos.state.mn.us/ Companies must include designations in their business name (i.e. “Inc.” “Corp” “LLC” “Limited”) Minnesota Secretary of StateOffice of the Secretary of State |
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File paperwork to create my businessNow you’re ready to form your business with the Minnesota Secretary of State. File Articles of Incorporation to form a corporation or Articles of Organization to form an LLC. If you mail the paper form, the filing fee is $135 for a Michigan corporation or LLC. If you file online or in person, the fee is $155. Filing online is faster; your articles are processed in 24 business hours. If you mail the paper form, the state takes 5-7 days to process. To learn more about the filing process or if you’d rather have a professional service company complete the filing for you, incorporate in Minnesota with Northwest Registered Agent. Business ServicesOffice of the Secretary of State |
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Register with the Minnesota Department of RevenueIf you need to collect sales tax, withhold income tax, pay corporate franchise tax, etc., you will need to register with the Minnesota Department of Revenue. You can register with by mail, fax, phone, or online. The Application for Business Registration form and instructions are available on the Department of Revenue website. Sales Tax: The Minnesota sales tax rate is 6.875% Income Tax:Individual income tax rates range from 5.35% to 9.85% Minnesota Dept of RevenueMinnesota Department of Revenue |
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Do I need a business license?There is no general Minnesota business license but you may need a state license based on your occupation. The Minnesota Department of Employment & Economic Development can help you determine if you require any state licenses. www.mnsbao.com Any other registration requirements?Additional licensing will depend on what type of business you do and where it is located. Keep in mind that you may need certain permits or an occupational license, in addition to local business licenses. You should always check with your local city or county government to see what their requirements are. For example, Minneapolis and Saint Paul only license some businesses. Local License InfoCity of MinneapolisBusiness Licenses & Consumer Services City of Saint PaulDepartment of Safety and Inspections |
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Collect and Charge Sales TaxDo I need to collect sales tax?You need to register for sales tax if you make retail sales of goods or services in Minnesota. What is the Minnesota sales tax rate?The Minnesota sales tax rate is 6.875%. How do I register for Minnesota sales tax?>You can register with the Minnesota Department of Revenue by mail, phone, or online at https://www.mndor.state.mn.us/tp/webreg/_/#1. . How much does a Minnesota sales tax permit cost?There is no fee to register. Department of RevenueMinnesota Department of Revenue |