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 | $135 | $160 | $70 | $0 | $135 |
| Processing Time | 7-10 business days | 5-10 business days | 7-10 business days | Immediate upon formation | 7-10 business days |
| Annual Tax | — | — | — | — | — |
| Registered Agent | Required | Required | Required | Optional | Required |