Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Minnesota incorporation.
Cost to incorporate in Minnesota
At BizFilings, we clearly outline our fees and the state fees to form a Minnesota corporation. View our pricing to incorporate as a C corporation or S corporation to plainly see:
Incorporate in Minnesota Incorporation Options
- BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
- State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Minnesota with standard turn-around.
- Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
- Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
The name shall contain the word "Corporation," "Incorporated," "Limited" or the abbreviation thereof, or it shall contain the word "Company" or the abbreviation "Co.," but only if it is not immediately preceded by the word "and" or the character "&." The name must not be deceptively similar to the name of any other domestic corporation, limited partnership, limited liability partnership, limited liability company, foreign corporation, foreign limited partnership, foreign limited liability partnership or foreign limited liability company authorized to do business in the state, unless: (1) the other business is about to change its name, cease business, dissolve or withdraw, and (2) written consent from that business is obtained.
The following are Minnesota’s requirements for directors of corporations:
- Minimum number. Corporations must have one or more directors.
- Residence requirements. Minnesota does not have a provision specifying where directors must reside.
- Age requirements. Directors must be at least 18 years old.
- Inclusion in the Articles of Incorporation. Director names and addresses are required to be listed in the Articles of Incorporation.
Requirements for the Articles of Incorporation
The document required to form a corporation in Minnesota is called the Articles of Incorporation. The information required in the formation document varies by state. Minnesota's requirements include:
Minnesota Registered Agent Service
- Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation.
- Stock. Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value does not affect initial filing fees.
- Registered agent. Corporations must list the name and address of a registered agent with a physical address (no post office boxes) in Minnesota. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
Professional services businesses
Minnesota allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).
Additional Minnesota information
View the following additional resources BizFilings has for forming and maintaining companies in Minnesota:
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