5 Best Minnesota LLC Formation Services 2023 List (Updated)

When you decide to start an LLC in Minnesota, you must thoroughly research and do your homework. Starting an LLC is relatively easy; with professional help, opening an LLC in Minnesota becomes even smoother. You will find many such companies when choosing the best LLC formation service in Minnesota. Surprisingly, every other company will claim to be the best. But who to trust? How do you know who is the best for your business?

LLCBuddy Editors have eased the task for you. We scanned the market and came up with a list of the best LLC formation services in Minnesota. You can compare their services, prices, and other information here before choosing the right one!

If you do not like reading a long article, you can watch the above video for the complete list of best LLC Minnesota LLC formation services. It is mandatory to choose the best LLC formation service in Minnesota, especially when you want to get rid of any hassle while forming your Minnesota LLC. You may start it on your own, but it will not be a wise decision, as missing out any step or even a small thing can lead to the cancellation of the process.

Best LLC Service in Minnesota

On this page, you’ll learn about the following:

Best LLC Formation Services in Minnesota
How to Form an LLC in Minnesota
How to Choose the Best LLC Formation Service in Minnesota
FAQs

Best LLC Formation Services in Minnesota

Here is the list of best LLC services available in Minnesota. The best thing about these services is starting your LLC for free. Some of the following services are offering LLC formation in Minnesota at $0. Other than the state fees and charges, you do not have to pay any charges to the service provider. You will get the basic formation package for free. Now, let’s check out the list of best LLC formation service providers in Minnesota-

LLC Service	Our Rating & Pricing	Top Features	Learn More
#1 TOP PICK	5/5 $0 + State Fees	Free LLC formation Access to Legal Support Trustworthy and established reputation	Learn More
	4/5 $299 + State Fees	Flat pricing for all services Basic business filing services A+ BBB Accredited	Learn More

Below is the list of best LLC formation services in Minnesota we picked for you.

LLCBuddy Editorial Team selects these companies through thorough research and market study. It is recommended that you must cross-check all the factors before choosing the right one for your business.

1. LegalZoom

LegalZoom is one of the service providers in Minnesota that offers free LLC formation services. If you want to avoid spending money to form your LLC, then LegalZoom is for you. It offers various formation packages that include all types of LLC services. Aside from LLC formation, LegalZoom offers C and S corp formation. With over thousands of customers, the company offers basic LLC formation services at $0.

LegalZoom Plans

Basic Package- $0 + State Filing Fees (Tax deduction may be applicable)
Pro Package – $249 + State Filing Fees (Tax deductible may be applicable)
Premium Package – $279 + State Filing Fees (Tax deduction may be applicable)

Apart from these packages, LegalZoom offers a bunch of add-on services as well. Add-on services include the following-

Registered Agent – $299 per year. Available as an add-on and not included in any packages
Trademark registration: Assisting with the US trademark application process
Copyright registration: Guidance on registering copyrights for creative works
Patent services: Support in obtaining utility, design, and plant patents
Estate planning: Offering personalized wills, trusts, and power of attorney documents
Legal advice: Access to a network of lawyers for consultations and legal guidance
Expedited Filing: With an additional $99, you can speed up your filing process.

LegalZoom Pros and Cons

Why You Must Get LegalZoom	Why You Shouldn’t Get LegalZoom
Free LLC formation	Expensive add-ons, such as Registered Agent
Trustworthy and established reputation	Higher pricing compared to some competitors
Quick turnaround time	Less number of add-on options
Access to legal professionals	Some additional fees not included in plan prices
Customer support available through phone or chat	Mixed customer reviews

LegalZoom Overview

LegalZoom is one of the oldest companies in USA. This company is a service provider offering LLC formation at $0. It offers three broad packages, Basic, Pro, and Premium. The Basic package costs $0. Though you must pay the Minnesota filing fee while filing the Articles of Organization with the Minnesota Secretary of State. The filing fee depends on which method, mail, online, or any other method you choose.

LegalZoom offers vast add-ones like others. Hence, the chances of getting diverse services are comparatively high. The best part about the company is there is an access to legal documents and legal consultation. The registered agent service is a bit expensive. If you want to hire Registered Agent from LegalZoom, you must purchase that service separately, it does not come with any formation plans.

Form LLC in Minnesota with LegalZoom

2. BetterLegal

BetterLegal is a comparatively new company than other competitors. But this company has successfully grabbed a large portion of the market in the United States. Serving in 51 states, BetterLegal has been in business since 2016. Unlike other experienced companies, it does not have a list of packages and plans for LLC formation.

BetterLegal Plans

BetterLegal offers one single plan at a flat $299 + state filing fees. It has a list of add-on services as well. BetterLegal is an online service that started off with a very small team. However, even after being in the business for so long, they didn’t increase their team size much. They have transparent pricing, and no hidden charge exists for any services they provide.

BetterLegal offers a list of add-on services. Following are the additional services they offer-

Registered Agent service – $10/month or $90/year
State Annual compliance services – $10/month or $90/year
Permit & License Search Service – $125
Amendment & document research – Free with the core formation service package

BetterLegal Pros and Cons

Why You Must Get BetterLegal	Why You Shouldn’t Get BetterLegal
No refund; all sales are final	The basic package does not include registered agent service
Quick Turnaround time	Additional charge for EIN
A+ BBB Accredited	The basic package does not include a registered agent service
Single plan for all incorporation

BetterLegal Overview

Even though the company is called BetterLegal, no attorneys or legal services are available. The company offers a single plan for all types of business formation. Hence, if you are planning to form a corporation, you can pay $299 + incorporation fee ($155 for filing online and in-person, and $135 for filing by mail in Minnesota). It offers comparatively better turnaround time at a reasonable price than other companies. You can file your LLC within 10 minutes with BetterLegal.

It offers a resource center for new entrepreneurs. They provide guidance to make things easier when it comes to filing your business. Their small team sometimes fails to cater to their customers on time. Reaching out to their customer support team is very difficult. Another disadvantage is it does not have a refund policy. All sales with BetterLegal are final, and at any stage, upon cancelation, no refund is made. However, basic LLC formation and registered agent services are much cheaper in BetterLegal than in other close competitors.

Form LLC in Minnesota with BetterLegal

3. TailorBrands

Do you want to create a brand for your business in Minnesota? Here is the LLC formation service provider, TailorBrands, for you. The company was established in 2015 in New York, and since then, it has offered several incredible services to set up your business. TailorBrands has a single LLC formation plan that starts at $49 a year. You can choose different other add-on services at an additional cost.

TailorBrands Services

TailorBrands offer a single plan for forming an LLC at $49. There are some basic services that TailorBrands offer, including starting an LLC, filing it, Minnesota name availability search, priority support, and so on. You can use their add-on services as and when required. Add-ons are-

Registered Agent Service – $199/year
Employment ID Number (EIN) – $99 (one-time pay)
Annual Compliances – $299/year
Operating Agreement – $29
Expedited Filing – $49
Business bank account – Free

TailorBrands Pros and Cons

Why You Must Get TailorBrands	Why You Shouldn’t Get TailorBrands
Low-cost LLC formation	Not BBB Accredited
Free business bank accounts	No business domain packages
Hassle-free LLC formation	Additional charges to obtain EIN
Additional services like logo, website, domain

TailorBrands Overview

TailorBrands does not have vast LLC formation packages. Instead, it has a single package that includes the formation of LLCs. The name availability search is unlimited, and you don’t have to pay any additional fees. The state filing fee of $155 (online and $135 by mail or in-person) must be paid apart from the charges you pay for add-ons.

TailorBrands offers other business services such as logo making, domain, website, business bank account, merchandise, and other business services. As a small or start-up business, you must go for TailorBrands.

Form LLC in Minnesota with TailorBrands

4. ZenBusiness

ZenBusiness is a Texas-based company that provides services from formation to annual compliance to an LLC. It offers three plans, Starter, Pro, and Premium. The Starter plan starts from $0. That means you can form your LLC for free in Minnesota, though you must pay the state filing fee of $155 (online and $135 by mail or in-person) to the Minnesota Secretary of State. But, the company charges nothing to form your business in the state.

ZenBusiness Plans

Starter Plan at $0 + state filing fee
Pro Plan at $199/year + state filing fee
Premium Plan at $299/year + state filing fee

ZenBusiness Pros and Cons

Why You Must Get ZenBusiness	Why You Should Not Get ZenBusiness
100% accuracy rate	Does not form Minnesota nonprofit
Free LLC formation in Minnesota	Additional cost for EIN
User friendly
Standalone Registered Agent services

ZenBusiness Overview

ZenBusiness is one of those top-rated companies that provide business formation in Minnesota at a minimum cost (currently at $0). There is no charge to be paid to the company for forming your LLC in Minnesota. The state filing fee and other necessary fees must be paid, including the registered agent fee.

ZenBusiness offers three plans, among which the Pro plan is recommended. The Pro plan has everything you need to start an LLC in Minnesota. Obtaining EIN, operating agreement drafting, name search, and all other services are available with the rush filing feature.

Form LLC in Minnesota with ZenBusiness

5. Northwest Registered Agent

Northwest Registered Agent is a family-owned business based in Spoken, Washington state. The company offers LLC formation, registered agent service, annual compliances, and other business-related services in all 50 states, including Minnesota. It offers LLC formation at $ 39+ state fees and registered agent service at $125 yearly.

Northwest Plans

Northwest does not have conventional packages. It offers Core, Business maintenance, and business development services. Under these categories, various services are available at a flat rate. Some of the services offered by Northwest in Minnesota are listed below-

LLC formation in Minnesota at $39 + state filing fee
Registered Agent at $125 yearly
Annual report filing at $100 + state filing fee
Obtaining EIN at $50
Northwest offers National Agent Service. If you operate your LLC Registered Agent in 5 or more states, you can pay $100 + state fees (if applicable) to get a single agent for all states.

Northwest Registered Agent Pros and Cons

Why You Must Get Northwest	Why You Should Not Get Northwest
DIY Packages for your LLC in Minnesota	Not BBB accredited
No plans, flat rate for all services	Additional charges to obtain EIN in Minnesota
Purchase only the service you need to form Minnesota LLC.	The operating agreement draft is not included in the Core services
Northwest offers standalone Registered Agent service in Minnesota

Northwest Registered Agent Overview

Northwest is one of those service providers that offer DIY packages. Northwest is not for you if you want a wholesome formation package in Minnesota. It does not have conventional LLC formation packages. It is simply like a departmental store for you. You don’t need to buy everything, but the only thing you need.

Northwest has in-house corporate guides to guide you through the formation process. It offers LLC formation at $39 plus the state filing fee ($155 (online and $135 by mail or in-person)). If you have already formed your LLC in Minnesota and are willing to appoint Registered Agent only, then Northwest can provide a standalone registered agent service at $125 per year.

Northwest offers single flat rates for all services in Minnesota and other states. The best part about the company is it does not outsource any of its services. Northwest offers corporate guides to help you through the steps of LLC formation.

Form LLC in Minnesota with Northwest Registered Agent

How to Form an LLC in Minnesota

Minnesota, popularly known as The North Star State, is a business-friendly state with a population of 5,827,265. The Nominal Gross Domestic Product (in millions) of Minnesota is $450,743 according to a 2022 study, which has been said to be increased over the past year. Hence, starting your business in Minnesota will always be a good option. If you choose the state capital, Saint Paul, to start your LLC, you might get more tax and other benefits.

To form an LLC in Minnesota, you need to follow some basic steps, including getting an LLC name, appointing your Minnesota Registered Agent, filing the Minnesota Articles of Organization, creating Minnesota LLC operating agreement, and finally getting an EIN for filing required taxes.

You can do that on your own. However, it is always recommended to get a professional person on board to guide you through. These steps are crucial and sensitive. You must complete everything to avoid canceling your formation process. Hence, having a professional LLC formation service for your LLC is better.

How to Choose the Best LLC Formation Service in Minnesota

It is important to choose the best service for your business carefully. Before you select the best one, make sure you thoroughly research on following points-

Reputation: Look for a company with a good reputation. Check reviews and ratings from previous clients to see how they feel about the services offered.
Experience: Choose a company with years of LLC formation experience. This ensures that they have knowledge of the process and can provide quality services.
Cost: Compare prices between different companies. Choose a company that offers affordable pricing for the services you need.
Customer Service: Ensure that the company has good customer service. They should be responsive, helpful, and willing to answer any questions.
Services Offered: Look for a company that offers a range of services, including entity formation, registered agent services, and ongoing compliance support to ensure your LLC remains in good standing.
Ease of Use: Choose a company with a user-friendly website and easy-to-use online platform. This makes the process of forming an LLC simple and straightforward.
Guarantees: Check if the company offers a satisfaction guarantee or a refund policy. This gives you peace of mind that you are getting the best possible service.

FAQs

What is the best LLC formation service in Minnesota?

There are many great LLC formation services in Minnesota. It ultimately depends on your specific needs and preferences.

How much does it cost to form an LLC in Minnesota?

It costs $135 to file Articles of Organization for an LLC in Minnesota.

How long does it take to form an LLC in Minnesota?

It typically takes around 5-7 business days to form an LLC in Minnesota.

Can I file the paperwork to form an LLC in Minnesota myself?

Yes, you can file the paperwork to form an LLC in Minnesota yourself. However, many people choose to use an LLC formation service to ensure everything is done correctly.

Do I need to have a physical address in Minnesota to form an LLC there?

Yes, you need to have an address where the LLC will be located if you want to form an LLC in Minnesota.

Can I change my Minnesota LLC’s name after formation?

Yes, you can change your LLC’s name after formation. You’ll need to file paperwork with the state of Minnesota.

What taxes will an LLC in Minnesota have to pay?

An LLC in Minnesota may have to pay state income taxes, employment taxes, and sales taxes.

What is an operating agreement, and why is it important for my Minnesota LLC?

An operating agreement is a legal document that outlines how your LLC will be run. It’s important because it helps establish clear roles and responsibilities for LLC members.

Can I form an LLC in Minnesota if I don’t live in the state?

Yes, you can form an LLC in Minnesota even if you don’t live in the state.

Do I need to obtain a business license before forming an LLC in Minnesota?

It depends on your specific business and industry. Some businesses in Minnesota require a license to operate.

How many members can an LLC have in Minnesota?

An LLC in Minnesota can have unlimited members.

Is a registered agent required for my Minnesota LLC?

Yes, all LLCs in Minnesota are required to have a registered agent.

Can a Minnesota LLC have corporate members?

Yes, a Minnesota LLC can have corporate members.

Are there any ongoing requirements for running a Minnesota LLC?

Yes, there are ongoing requirements, such as filing an annual report with the state of Minnesota and paying any required fees.

Can my Minnesota LLC be taxed as an S corporation?

Yes, an LLC in Minnesota can elect to be taxed as an S corporation.

What are the benefits of forming an LLC in Minnesota?

Some benefits of forming an LLC in Minnesota include liability protection, tax flexibility, and ease of management.

Can an LLC in Minnesota be run by just one person?

Yes, a Minnesota LLC can be run by just one person, who is known as a single-member LLC.

Do I need to file a Minnesota state tax return for my LLC?

It depends on your LLC’s specific situation. Generally, an LLC in Minnesota will need to file a state tax return.

Who should draft my Minnesota LLC’s operating agreement?

It’s recommended to have a lawyer draft your LLC’s operating agreement. However, some LLC formation services may provide this service.

How do I dissolve my Minnesota LLC?

You’ll need to file Articles of Dissolution with the state of Minnesota to dissolve your LLC.

Can I reserve a name for my Minnesota LLC?

Yes, you can reserve a name for your Minnesota LLC for up to 12 months.

Are there any additional business requirements for a foreign LLC doing business in Minnesota?

Yes, a foreign LLC doing business in Minnesota must register with the state and appoint a registered agent.

Can I convert my Minnesota LLC to an S corporation?

Yes, it’s possible to convert your Minnesota LLC to an S corporation.

Can I form an LLC in Minnesota online?

Yes, you can form an LLC in Minnesota online, or you can use an LLC formation service.

What documents do I need to submit to form an LLC in Minnesota?

You’ll need to submit Articles of Organization and any necessary supporting documents to form an LLC in Minnesota.

Can an LLC in Minnesota have subsidiaries or affiliates?

Yes, an LLC in Minnesota can have subsidiaries and affiliates.

How do I choose a name for my Minnesota LLC?

Your LLC name must be unique and must include either “LLC” or “Limited Liability Company” in its name.

What is the difference between an LLC and a corporation in Minnesota?

Corporations have stockholders, while LLCs have members. Corporations also have more formalized structures and require annual meetings of the board of directors.

Can I reserve a Minnesota LLC name before filing Articles of Organization?

Yes, you can reserve a name for your Minnesota LLC for up to 12 months before filing Articles of Organization.

Which are the best LLC formation services in Minnesota?

ZenBusiness, Northwest Registered Agent, and LegalZoom are some of the best LLC formation services in Minnesota.

What is the cost of forming an LLC in Minnesota?

The cost of forming an LLC in Minnesota is $155, which is the filing fee to the Minnesota Secretary of State.

Is it possible to file the LLC formation documents myself in Minnesota?

Yes, it is possible to file the LLC formation documents yourself in Minnesota.

What is the role of a registered agent in Minnesota when forming an LLC?

The registered agent is responsible for accepting important legal documents on behalf of an LLC in Minnesota.

Can I serve as my own registered agent when forming an LLC in Minnesota?

Yes, you can serve as your own registered agent when forming an LLC in Minnesota if you live in the state.

Is a business license required when forming an LLC in Minnesota?

Most LLCs in Minnesota do not need a state business license.

Can I lease equipment for my LLC with a personal credit card in Minnesota?

Yes, you can lease equipment for your LLC with a personal credit card in Minnesota.

Do I need to provide a physical street address for my LLC’s registered agent in Minnesota?

Yes, you need to provide a physical street address for your LLC’s registered agent in Minnesota.

Is there a franchise tax when forming an LLC in Minnesota?

No, there is no franchise tax when forming an LLC in Minnesota.

How is an LLC’s operating agreement governed in Minnesota?

An LLC’s operating agreement is governed by the relevant state statutes in Minnesota.

Do LLC members in Minnesota need to file an annual report?

LLC members in Minnesota do not need to file an annual report.

Can an LLC in Minnesota convert to a corporation at a later date?

Yes, an LLC in Minnesota can convert to a corporation at a later date.

Do I need to publish my LLC formation in a newspaper in Minnesota?

No, you do not need to publish your LLC formation in a newspaper in Minnesota.

What is the S-Corp election process for an LLC in Minnesota?

An LLC in Minnesota can elect to be treated as an S-Corp by filing Form 2553 with the IRS.

Can I form a professional LLC in Minnesota?

Yes, you can form a professional LLC in Minnesota.

What type of taxes does an LLC in Minnesota need to pay?

An LLC in Minnesota needs to pay state and federal income taxes.

What is the single-member LLC taxation structure in Minnesota?

A single-member LLC in Minnesota is disregarded as a separate entity for tax purposes and the income/loss is reported on the individual member’s tax return.

Which industry requires a special license to form an LLC in Minnesota?

Some industries like healthcare professionals require a special license to form an LLC in Minnesota.

Can a foreign business entity form an LLC in Minnesota?

Yes, a foreign business entity can form an LLC in Minnesota.

Does Minnesota offer expedited filing for LLC formation?

Yes, Minnesota offers an expedited filing option for LLC formation at an additional fee.

Can I file for an LLC name reservation in Minnesota?

Yes, you can file for an LLC name reservation in Minnesota.

Will I receive a confirmation once my LLC formation is approved in Minnesota?

Yes, you will receive a confirmation once your LLC formation is approved in Minnesota.

Can I form a non-profit LLC in Minnesota?

Yes, you can form a non-profit LLC in Minnesota.

What is the disorganization process for an LLC in Minnesota?

The disorganization process for an LLC in Minnesota involves filing the necessary forms with the Minnesota Secretary of State.

What are the ongoing compliance requirements for an LLC in Minnesota?

Ongoing compliance requirements for an LLC in Minnesota include filing an annual renewal as well as the necessary state and federal tax filings.

What is the IRS Form 8832 used for in an LLC in Minnesota?

IRS Form 8832 is used to request a change in the LLC’s tax classification with the IRS in Minnesota.

Can I change my LLC name at a later date in Minnesota?

Yes, you can change your LLC name at a later date in Minnesota.

What is the initial filing fee for a foreign LLC in Minnesota?

The initial filing fee for a foreign LLC in Minnesota is $310.

Conclusion

Having a professional service to form your LLC in Minnesota is much better than doing it yourself. It is hassle-free, and there is no chance of making mistakes while filing your business. This article lists the best LLC formation services in Minnesota. Before you select one, make sure you compare the price, services, and features properly.