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Minnesota LLC Annual Tax & Fee Calculator
Calculate your total costs for forming and maintaining an LLC in Minnesota. No annual fee.
Need Registered Agent Service?
Required if no MN address
First Year Total
$155
One-Time Formation Costs
Annual Fees
No annual fee required in Minnesota
Very Low Ongoing Costs
Minnesota has some of the lowest LLC maintenance costs. Great choice for budget-conscious business owners.
Minnesota LLC Key Facts
Important information for Minnesota LLC owners
No annual fee
Annual renewal required (free)
Moderate filing fee ($155)
Strong Fortune 500 presence
Minnesota LLC Deadlines & Due Dates
Important dates for Minnesota LLC compliance
Annual Tax Due
April 15 (if applicable)
Annual Report
December 31 each year (no fee)
Processing Time
5-7 business days
Minnesota LLC Forms
Required forms for Minnesota LLC compliance
Minnesota LLC FAQ
Common questions about Minnesota LLC taxes and fees
LLC Formation and Annual Costs in Minnesota (2026)
Forming an LLC in Minnesota requires a $155 filing fee paid to the Minnesota Secretary of State. Minnesota requires an annual report but charges no fee for the filing.
| Fee Type | Amount | Frequency |
|---|---|---|
| Articles of Organization (filing fee) | $155 | One-time |
| Annual Report | $0 | Yearly |
| Registered Agent (optional, if using service) | $125/year | Yearly |
Your total first-year cost (filing fee + annual fee) is approximately $155. Ongoing costs are minimal ongoing costs.
Minnesota LLC Compliance Requirements
Maintaining your Minnesota LLC in good standing requires meeting several compliance obligations.
Annual Report: Minnesota LLCs must file an annual report by December 31 each year. There is no fee for this filing.
Registered Agent: Every Minnesota LLC must maintain a registered agent with a physical address in the state. The registered agent receives legal and tax documents on behalf of the LLC. You can serve as your own registered agent or hire a professional service (typically $125/year).
Operating Agreement: While Minnesota does not legally require an operating agreement, having one is strongly recommended. It defines ownership structure, member roles, profit-sharing, and management procedures for your LLC.
EIN (Employer Identification Number): All LLCs with more than one member, or that have employees, need an EIN from the IRS. Single-member LLCs without employees can use their Social Security number but obtaining an EIN is still recommended for banking and tax purposes. Applying is free through the IRS website.
Tax Treatment of Minnesota LLCs
Minnesota LLCs are classified as pass-through entities for federal tax purposes. A single-member LLC is treated as a disregarded entity (reported on Schedule C of the owner's personal return), while a multi-member LLC is taxed as a partnership (filing Form 1065 with K-1s issued to each member).
Minnesota taxes LLC income at personal income tax rates ranging from 5.35% to 9.85%, among the higher rates in the country. LLC profits pass through to members and are reported on their personal Minnesota tax returns. Despite the higher income tax rates, Minnesota's lack of an annual fee partially offsets costs.
S-Corp Election: Minnesota LLCs can elect S-Corp tax status by filing IRS Form 2553. This can reduce self-employment taxes for profitable LLCs by splitting income between a reasonable salary (subject to payroll taxes) and distributions (not subject to SE tax). This election is typically beneficial when your LLC consistently earns over $40,000-$50,000 in annual profit.
Official Minnesota Resources
- Minnesota Secretary of State
Business filings
- Minnesota Department of Revenue
Tax information
Fees are subject to change. This calculator provides estimates based on current Minnesota law. Consult with a tax professional or attorney for advice specific to your situation. Fee information accurate as of January 12, 2026.