Short answer: Annual Renewal, $0, annual. Due: December 31 of each year, beginning the calendar year following formation.
We've pulled these figures from the Minnesota Secretary of State's own pages. If something's changed since our last check, the state's portal wins, so it's worth a quick look before you pay.
Minnesota report at a glance
- Report name
- Annual Renewal
- Fee
- $0 Free to file
- How often
- annual
- Due
- December 31 of each year, beginning the calendar year following formation
- Late penalty
- Immediate administrative termination without a separate late fee, reinstatement costs $45 online or $25 by mail.
- Dissolution risk
- Immediate administrative termination for failure to file.
Taxes that ride along
No traditional franchise tax on standard LLCs. Multi-member LLCs face a minimum fee if combined MN property, payroll, and sales exceed $1.28 million (triggering a $260+ fee). Personal income tax 5.35% to 9.85%, corporate up to 9.80%.
How Minnesota compares
Minnesota's recurring report fee is $0. That ties for the lowest of the 51 jurisdictions we track. The national median is $35, so Minnesota comes in $35 under it.
| State | Fee | National rank (1 = highest) |
|---|---|---|
| Minnesota | $0 | 41 of 51 |
| Illinois | $75 | 16 of 51 |
| Iowa | $30 | 28 of 51 |
| North Dakota | $50 | 22 of 51 |
| Indiana | $31 | 27 of 51 |
| South Dakota | $55 | 21 of 51 |
Minnesota fees that apply here
| Filing | State fee | Notes |
|---|---|---|
| Annual Renewal | $0 | annual, December 31 of each year, beginning the calendar year following formation |
| Certificate of good standing | $15 |
Annual report and deadlines: Minnesota questions
When is the Minnesota LLC annual report due?
December 31 of each year, beginning the calendar year following formation
How much is the Minnesota annual report fee?
$0. Free to file
What happens if I file my Minnesota annual report late?
Immediate administrative termination without a separate late fee, reinstatement costs $45 online or $25 by mail.
Can Minnesota dissolve my LLC for not filing?
Immediate administrative termination for failure to file.
Where do I file the Minnesota report?
With the Minnesota Secretary of State, online at its filing portal.
Sources and verification
Last checked against official state sources on . States change fees with little notice, so confirm on the filing portal before you pay. How we verify.