Minnesota LLC Annual Renewal: Requirements, Due Dates & Filing

1. Does Minnesota Require an LLC Annual Report?

Minnesota doesn’t use the “annual report” label the way many other states do. Instead, Minnesota LLCs file an Annual Renewal with the Minnesota Secretary of State. This renewal is required once every calendar year to keep your LLC active and in good standing.

2. What Minnesota LLCs Must File Each Year

Minnesota yearly compliance is usually simple. Most LLCs should plan for:

Annual compliance checklist

1. Minnesota LLC Annual Renewal (Secretary of State): required once per calendar year to stay active
2. Minnesota Department of Revenue : depending on your business activity (sales tax, payroll, etc.)
3. Registered Agent / Registered Office: keep current so you don’t miss official notices
4. Federal tax filing ( IRS ): depends on SMLLC vs partnership vs S-corp election
5. Bookkeeping + records: keep clean records for banks, payment processors, and audits

3. The Required Filing: Minnesota LLC Annual Renewal

Minnesota requires each LLC to file an Annual Renewal once every calendar year . If your LLC is active and in good standing, the renewal is typically $0.

What the annual renewal does

1. Keeps your LLC active on the public record
2. Confirms your business information stays current for official notices
3. Supports good standing (important for banking, contracts, and platform verification)
4. Reduces the risk of administrative dissolution/revocation
5. Creates a clean compliance history for future due diligence

If you only remember one thing: file your Minnesota Annual Renewal every calendar year—most of the time it costs $0, but missing it can cause major headaches later.

4. Due Dates, Fees & Reinstatement

Minnesota renewals are tied to the calendar year. The state’s end-of-year deadline matters a lot for “good standing” and “active” status.

5. What You’ll Need Before You File

Filing a Minnesota annual renewal is usually quick. Prepare these basics so you don’t waste time in the portal:

Keep these ready

1. Legal LLC name and Minnesota file number (if available)
2. Registered office address and registered agent details
3. Current business email for official notices (if used)
4. Any changes you need to make (name/agent/address changes may require separate filings)
5. Proof of filing/confirmation (download and store after submitting)

Why founders use a compliance service

1. Avoid missing the annual renewal deadline
2. Reduce mistakes when details changed during the year
3. Keep clean compliance records for banks and payment platforms

6. How to File Minnesota Annual Renewal (Step-by-Step)

Step 1: Search your LLC in Minnesota’s business portal

Start by finding your entity using your LLC name or file number. Minnesota provides online search and filing through its business portal. Minnesota’s business portal .

Step 2: Start the annual renewal filing

Select your LLC and choose the Annual Renewal option for the current calendar year. Review your business info carefully.

Step 3: Confirm registered office/agent information

If anything changed (agent or address), update properly. Some changes may require separate amendments—don’t “force” a change inside the renewal if the state requires a separate filing.

Step 4: Submit and save proof

Submit the renewal and download your confirmation. Store it in your compliance folder for future bank/processor checks.

Step 5: If your LLC is inactive/dissolved, follow reinstatement steps

If you missed a renewal and your company became inactive/dissolved, you may be able to reinstate by filing the current year renewal and paying the applicable reinstatement fee.

7. Tips to Stay Compliant

• File the annual renewal early (you can do it any time during the year)
• Keep your registered office and agent updated
• Save proof of filing ( confirmation PDF /screenshot)
• Keep clean bookkeeping—compliance reviews often happen when you open/maintain banking or payment gateways

8. Penalties, Dissolution & Good Standing

• Annual Renewal fee: commonly $0 if active and in good standing
• Missing renewal: can lead to administrative dissolution/revocation
• Reinstatement: usually requires filing the current year renewal and paying the applicable reinstatement fee
• Good standing impact: affects banking, payment platforms, vendor onboarding, and contracts

9. Federal Compliance That Impacts Minnesota LLCs

1. Federal tax return ( IRS )

Your federal filing depends on classification: single-member LLCs often report on the owner’s return, partnerships file an informational return, and S-corp elections follow S-corp rules. These federal schedules don’t replace Minnesota annual renewal.

2. EIN (Employer Identification Number)

Many LLCs use EIN for banking, hiring, and payment processors. Keep your IRS confirmation letter and records in your compliance folder.

3. BOI updates (Corporate Transparency)

If ownership or key company information changes, you may need to update federal Beneficial Ownership Information (when applicable). This is separate from Minnesota renewal, but it often comes up in annual checkups.

4. Other recurring federal obligations

• Payroll filings if the LLC has employees
• Information returns (such as 1099 forms) when required
• Bookkeeping and documentation for audits and compliance reviews

10. Conclusion

Minnesota LLC compliance is straightforward: file your Annual Renewal once every calendar year to stay active and in good standing. In many cases it’s free, but missing it can cause unnecessary issues later.

With FormLLC, you can stay compliant without confusion—our team helps you follow the right schedule, file correctly, and keep your business in good standing.