Compare Business Types in Minnesota
Side-by-side comparison of all business entity types. Find the best structure for your Minnesota business.
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| Feature | Corporation | LLC | Nonprofit | Partnership | S-Corp |
|---|---|---|---|---|---|
| Filing Fee | $180 | $155 | $70 | $0 | $155 |
| Processing Time | 5-7 business days | 5-7 business days | 5-7 business days | 5-7 business days (for LP/LLP filings by mail); online filings are typically processed same day or next business day | 5-7 business days |
| Annual Tax | — | — | — | — | — |
| Registered Agent | Required | Required | Required | Required | Required |