Starting a Business in Minnesota
LLC filing: $155 | Corp filing: $135 | Business-friendly score: 5.8/10
Business Environment at a Glance
5.8/10
Business-Friendly Score
5.35% - 9.85%
Income Tax
6.875%
State Sales Tax
$11.13
Minimum Wage
Business Filing Fees in Minnesota
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $155 | One-time, filed with Secretary of State |
| LLC Annual Fee | $0 | No annual fee required |
| Corporation Filing Fee | $135 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $0 | No annual fee required |
Tax Rates
| State Income Tax | 5.35% - 9.85% |
| Corporate Tax Rate | 9.8% |
| State Sales Tax | 6.875% |
| Max Local Sales Tax | 2% |
| Minimum Wage | $11.13/hr |
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Minnesota Special Requirements
- Annual renewal required with Secretary of State (no fee)
- Minnesota Sales and Use Tax registration for retail businesses
- Minnesota Paid Leave program contributions required starting 2026
- Workers compensation required for all employers
Major Cities in Minnesota
Browse Industries in Minnesota
Start Your Business in Minnesota
Form your LLC in Minnesota for $155 online.
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