Minnesota State Law
MN Business Registration
LicensingMinnesota businesses must register with the Secretary of State before conducting business. Sole proprietors using a trade name must file an assumed name certificate and publish notice in a qualifying…
Source: MN Secretary of State
MN LLC Formation Requirements
FormationMinnesota LLCs are formed by filing Articles of Organization with the Secretary of State and paying a $155 fee online. All LLCs must designate a registered agent with a Minnesota…
Source: MN Secretary of State
MN Corporation Formation
FormationMinnesota corporations are formed by filing Articles of Incorporation with the Secretary of State and paying a $155 fee online. Corporations must designate a registered agent in Minnesota and file…
Source: MN Secretary of State
MN Annual Renewal Filing
FormationMinnesota LLCs and corporations must file an Annual Renewal with the Secretary of State by December 31 each year. The filing fee is $25 online. Failure to file results in…
Source: MN Secretary of State
Minnesota imposes a corporate franchise tax of 9.8% on net income attributable to Minnesota. C corporations file Form M4 with the Department of Revenue. The minimum fee ranges from $0…
Source: MN Department of Revenue
MN Sales and Use Tax
TaxesMinnesota imposes a state sales tax of 6.875% on retail sales of tangible personal property and certain services, with local taxes bringing combined rates up to 9.875% in some areas.…
Source: MN Department of Revenue
MN Minimum Wage
EmploymentMinnesota minimum wage is $11.13 per hour for large employers and $9.08 for small employers as of January 1, 2025. Large employers are defined as those with annual gross revenues…
Source: MN Department of Labor and Industry
MN Workers Compensation Insurance
EmploymentMinnesota employers with one or more employees must carry workers compensation insurance. Coverage may be obtained through a private insurer or the state assigned risk plan. Sole proprietors and partners…
Source: MN Department of Labor and Industry
MN Paid Leave Program
EmploymentMinnesota Paid Leave provides eligible employees up to 12 weeks of paid family leave and 12 weeks of paid medical leave per year, with up to 20 combined weeks in…
Source: MN Department of Employment and Economic Development
MN Professional Licensing
LicensingMinnesota professional licensing is administered through multiple boards under the Department of Labor and Industry and other agencies. Licensed professions include engineers, architects, contractors, real estate agents, healthcare providers, and…
Source: MN Department of Labor and Industry
MN Contractor Licensing
LicensingMinnesota requires residential contractors and remodelers to be licensed by the Department of Labor and Industry. Licensing requires passing an exam, carrying liability insurance of at least $100,000, and maintaining…
Source: MN Department of Labor and Industry
The Minnesota Department of Employment and Economic Development (DEED) administers small business loan programs through partner lenders and CDFIs. Loans of up to $250,000 are available to qualifying Minnesota small…
Source: MN Department of Employment and Economic Development
MN Small Business Relief Grant
FinancingMinnesota DEED administers small business grant programs through regional partners and Initiative Foundations across the state. Grants support business startup, expansion, and recovery and are targeted toward businesses in greater…
Source: MN Department of Employment and Economic Development
MN Home-Based Business Rules
Home BusinessHome-based businesses in Minnesota are regulated by local city and county zoning ordinances. Most jurisdictions permit home occupations as an accessory residential use subject to restrictions on signage, customer visits,…
Source: MN Department of Employment and Economic Development
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