Why Form a Limited Liability Company (LLC)?

$49 + State Fee & 1st Year FREE Registered Agent

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Best Cities in Minnesota to Form Your LLC

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The state has 17 cities with populations above 50,000, and urban centers are growing more rapidly than rural ones (where most counties are losing residents). The Minneapolis and Saint Paul metropolitan area is the second-largest in the U.S. Midwest.

Starting an LLC in Minneapolis, MN

Minneapolis is the larger of the twin cities (with Saint Paul) and it lies on the banks of the Mississippi River. The city is well known for its natural environment, primarily lakes and wetlands. Minneapolis and the surrounding area is the primary business center between Chicago and Seattle, and it has been named as a “global city.”

  • Area of city: 58 square miles
  • Population: 414,000
  • Population density: 7,660 people/square mile
  • Cost of living: 4 percent above national average; housing is 4 percent more expensive
  • Time zone: CST
  • Sales tax: 6.875 percent

Major Industries in Minneapolis, MN

Minneapolis has an extremely diverse economy with plenty of opportunities. Dominant sectors include transportation and logistics, finance and banking, commerce, medical and healthcare, publishing, food manufacturing, insurance, technology and education.

Starting an LLC in Saint Paul, MN

Second only to Minneapolis (and just across the Mississippi River), Saint Paul is the capital of the state. In addition to housing the state government, Saint Paul is a major business hub.

  • Area of city: 56 square miles
  • Population: 304,000
  • Population density: 5,820 people/square mile
  • Cost of living: 4 percent above national average; housing is 8 percent more expensive
  • Time zone: CST
  • Sales tax: 6.875 percent

Major Industries in Saint Paul, MN

Major industries in Saint Paul include chemicals, manufacturing and finance.

Starting an LLC in Rochester, MN

Located in the southeast of the state, Rochester is the largest city outside the Minneapolis-Saint Paul area. It is rated as one of the best places to live in the U.S.

  • Area of city: 55 square miles
  • Population: 114,000
  • Population density: 2,000 people/square mile
  • Cost of living: 3 percent below national average; housing is 12 percent cheaper
  • Time zone: CST
  • Sales tax: 8.125 percent

Major Industries in Rochester, MN

Rochester is a major center for healthcare, hospitality, finance, technology and food processing.

Starting an LLC in Duluth, MN

Duluth is a port city on Lake Superior. This city is both a major tourist draw and a center for shipping.

  • Area of city: 87 square miles
  • Population: 86,000
  • Population density: 990 people/square mile
  • Time zone: CST
  • Sales tax: 8.375 percent

Major Industries in Duluth, MN

In addition to being a major trading center, Duluth has strong health care, higher education, retail and professional service industries.

Ready to Start Your Minnesota LLC?

Incfile provides a cost-effective service to help you create your Minnesota LLC. We guide you through the process and handle most of the administrative steps, such as filing the Articles of Organization on your behalf. Our basic package also provides a free Registered Agent service for the first year. If you're looking for help starting an LLC, our comprehensive services provide outstanding value.

Only $49 + State Fee To Launch Your Business

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What are the fees and requirements to form a business in Minnesota?

Filing Time and Price

The state charges this amount to file a new business entity. This fee goes directly to the Secretary of State.

State Fee State Filing Time Expedited Filing Time
$155 5 Business Days 1 Business Day

Compliance Requirements

This report is mandatory and must be filed within the specified time frame in order for the entity to remain in good standing with the state. Failure to file this report can lead to the company being revoked or administratively dissolved.

Annual Report

Frequency: Annually

Due Date: December 31st

Filing Fee:$0

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The Basics To Get You Started

Prepare & File Articles Of Organization
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EIN / Tax ID Number
Personalized Operating Agreement
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