Form a Corporation in Minnesota
Everything you need to know about forming a Corporation in Minnesota. Filing fees, requirements, timeline, and step-by-step guidance.
How to File
Choose a Corporate Name
Select a unique name ending with Corporation, Corp., Incorporated, Inc., Company, or Co. Check availability through Minnesota Secretary of State.
30 minutes
Appoint a Registered Agent
Designate a registered agent with a Minnesota address to receive legal documents on behalf of the corporation.
15 minutes
Prepare Articles of Incorporation
Complete the Articles of Incorporation form including corporate name, registered agent, authorized shares, and incorporator information.
45 minutes
File Articles with Secretary of State
Submit completed Articles of Incorporation with filing fee to Minnesota Secretary of State online or by mail.
20 minutes
What's Next After Filing
Once your Corporation is officially formed, you'll want to complete these important steps:
- •Create Corporate Bylaws — Draft internal bylaws governing corporate operations, meetings, and shareholder rights (not filed with state).
- •Hold Initial Board Meeting — Conduct first board meeting to adopt bylaws, appoint officers, authorize stock issuance, and handle initial corporate matters.
- •Obtain Federal EIN — Apply for Federal Employer Identification Number from IRS for tax purposes and banking.
Advantages
- ✓Strong liability protection for shareholders
- ✓Ability to raise capital through stock sales
- ✓Corporate tax deductions and benefits
- ✓Perpetual existence independent of owners
Considerations
- •Double taxation on corporate profits and dividends
- •Complex compliance and record-keeping requirements
- •More expensive to form and maintain than LLCs
Annual Obligations
What OpenChamber Does
We don't file paperwork for you — we guide you through doing it yourself, which saves money and helps you understand your business from day one.
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Every task you need, organized by priority and tailored to Minnesota.
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