Minnesota Annual Report: Complete Filing Guide & Requirements
Every business registered in Minnesota must file an annual renewal—also known as the Minnesota annual report—to maintain good standing with the Secretary of State. With Palm’s professional filing service, you can ensure compliance while focusing on growing your business.
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Table of Contents
Minnesota Annual Report Requirements
Filing Deadlines & Due Dates
Fees and Costs
Step-by-Step Filing Process
Requirements by Entity Type
Penalties & Consequences
Professional Filing Service
Frequently Asked Questions
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Minnesota Annual Report Requirements
The Minnesota annual report renewal is a mandatory filing for all business entities registered in the state. It serves to update your business information with the Secretary of State and helps maintain your active and compliant status.
Who Must File?
All business entities registered or authorized to do business in Minnesota must file an annual renewal, including:
Minnesota LLCs – Must file annually by December 31, beginning the year after formation or registration.
Corporations – Both domestic and foreign corporations must file by December 31.
Limited Partnerships and LLPs – Required to file annually to maintain good standing.
Foreign Entities – Out-of-state businesses registered in Minnesota follow the same rules as local entities.
Required Information for Minnesota Annual Report
To complete your Minnesota annual report renewal, you’ll need:
Business Name and Entity ID – As registered with the Minnesota Secretary of State
Registered Agent Details – Name and Minnesota address (must be a physical location; changes require a separate amendment filing and $50 fee)
Principal Office Address – This can be located in any state; both mailing and principal addresses must be included if different
Management Information – Names and addresses of officers (for corporations) or members/managers (for LLCs)
Note: You cannot change your registered agent or office address via the annual renewal. A separate amendment must be filed.
Filing Deadlines & Due Dates
The annual renewal is due by December 31 each year for all business entity types. Filing opens January 1. Entities formed or registered during the current year must file for the first time by December 31 of the following year.
There is no grace period after December 31. Failure to file will result in loss of good standing and eventual administrative dissolution.
Minnesota Annual Report Fees and Costs
Filing Fees (Standard)
LLCs – $0
Corporations (domestic and nonprofit) – $0
Foreign Corporations – $135 (online or in person), $115 (mail)
Limited Partnerships – $0
Amendment Fees
Registered Agent or Address Changes – $55 (online or in person), $35 (mail)
Reinstatement Fees (if administratively dissolved)
LLCs and Corporations – $45 (online), $25 (mail), plus the missed renewal
Step-by-Step Filing Process
Gather all required business details, including your Entity ID, principal address, and management structure. Review last year’s filing to confirm what has changed.
Step 1
Visit the Minnesota Secretary of State’s website
Step 3
Enter or confirm your business information
Step 5
Save your confirmation for proof of compliance
Step 2
Search your business record and select “File Renewal”
Step 4
Submit the form and payment (if applicable)
Step 1
Visit the Minnesota Secretary of State’s website
Step 2
Search your business record and select “File Renewal”
Step 3
Enter or confirm your business information
Step 4
Submit the form and payment (if applicable)
Step 5
Save your confirmation for proof of compliance
Online filings are processed instantly. Paper submissions may take several days.
Requirements by Entity Type
LLCs
LLCs must file annual renewals by December 31 and confirm their current address and management information. Registered agent changes must be filed separately.
Corporations
Corporations must file annual renewals and provide officer details. Foreign corporations must pay a filing fee, while domestic corporations file at no cost.
Nonprofits
Nonprofits must file annual renewals by December 31 and list their current board of directors. Domestic nonprofits file free of charge; foreign nonprofits may follow different rules.
Ready to file your Minnesota Annual Report?
Palm makes compliance easy with automated filing, expert review, and ongoing support. Join thousands of Minnesota businesses who trust Palm for their compliance needs.
File now+ state fees apply.
What Happens If You Miss the Deadline?
Loss of Good Standing
Your business status is immediately affected
Banking and Licensing Issues
Many banks and regulators require active status
Administrative Dissolution
Failure to file for multiple years can lead to dissolution
Reinstatement Required
Dissolved businesses must reapply and pay fees to return to good standing
Professional Minnesota Annual Report Filing Services
Palm offers a streamlined way to file your Minnesota annual renewal:
Whether you're managing one business or many, Palm ensures you stay compliant—without the stress.
Automated deadline tracking
Accurate, expert-prepared filings
Full support from compliance specialists
Reminders and secure recordkeeping year over year
Small businesses. Big wins.
Palm helps thousands of businesses stay in good standing, grow faster, and get back time to focus on what matters.
"Your company just took a load off my shoulders!"
Just Because, LLC
Evette Gilard • Antioch, CA
"WOW. I am so grateful for Palm."
Yoga Loft, LLC
Mary Beth Nehl • Wilmar, MN
"Thank you so much, Palm has been amazing."
Akita Partners, LLC
Teri Blackman • Balch Springs, TX
What a great
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Galeca, Inc.
John Griffiths • Cathedral City, CA
When is the Minnesota Annual Report due?
All entities must file by December 31 each year. First-time filers must submit by the end of the calendar year following registration.
How much does it cost to file?
$0 for most domestic LLCs and corporations
$135 (online) or $115 (mail) for foreign corporations
$50 for registered agent/address changes
Can I file online?
Yes. Minnesota offers 24/7 online renewal. Most entities can complete the process in minutes.
What happens if I don’t file?
You risk immediate loss of good standing and eventual administrative dissolution. Reinstatement requires extra paperwork and fees.
Do I need a registered agent to file?
Yes. All Minnesota entities must list a registered agent with a Minnesota address. This info must be up to date at the time of filing.
Ready to file your Minnesota Annual Report?
Palm helps you stay compliant with automatic filing, deadline tracking, and expert support—so you never miss a renewal again.
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