How to File a Minnesota Annual Renewal in 2024 - How to Start my LLC

How to File a Minnesota Annual Renewal

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Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

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How to File a Minnesota Annual Renewal

How to File a Minnesota Annual Renewal

If you have a limited liability company (LLC) In Minnesota, you must file an annual renewal to keep your business in good standing. But don’t worry – it’s a relatively painless process that can be done online. 

Read on to learn how to file your LLC’s annual renewal in Minnesota. 

What Is an Annual Renewal?

An annual renewal, known as an annual report in most states, simply verifies your business information and tells Minnesota your LLC is still operating. 

Keeping up with annual renewals is a legal requirement that enables you to obtain a Certificate of Good Standing, which a bank or creditor might request to confirm your compliance. 

In Minnesota, the following information is required for the annual renewal:

How to File an Annual Renewal in Minnesota

To file your annual renewal in Minnesota, visit the Secretary of State’s website and enter your business name or entity number.


Select “annual renewal” and fill in all the required information.

Filing is free, and reports are due December 31.

If You Do Business in Other States

If you do business in other states, be sure to register in those states as a foreign LLC. For example, if your LLC is registered in Minnesota and you start doing business in Florida, you’ll need to register in Florida as a foreign LLC.

You’re generally required to register as a foreign LLC if:

  • You have a physical presence of any kind in that state 
  • You have employees in that state
  • You regularly meet with clients, managers, or investors in that state
  • You are licensed to do business in that state

Once you’ve registered as a foreign LLC, your business will need to follow the annual reporting requirements of that state and pay taxes in that state. 

In Closing

Filing an annual renewal in Minnesota is relatively easy and crucial to smooth business operations.

Failing to file an annual renewal can result in serious penalties, as can filing an inaccurate report.

Be sure to review all your business information and file your report on time to ensure your LLC remains in good standing.