We’ve put together a free step-by-step guide on how to set up an LLC in Montana. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Montana LLC right now!

A few points to remember before setting up your LLC in Montana

When you set up an LLC in Montana you’ll need a few things before you get started.  This section will help you get your checklist in order.

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Montana LLC name. Go to Montana Business Search to make sure yours is not taken.

An LLC Designator 

You must have an LLC designator in your name in one of the following formats. 

• LLC (most common) 
• L.L.C. 
• LC 
• L.C. 
• Limited Company 
• Limited Liability Company 

Now that you have your unique business name, it’s time to register it with the state of Montana. Let’s get down to business. 

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Montana LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Montana Department of Revenue. 

If you’re opening a business in Montana but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

• Must be 18 and be a resident of the state 
• Must be authorized to do business in the state. 
• Must have a physical street address located in Montana 

A Company 

• Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state. 

Step 1: Register Your Business Name 

To set up an LLC in Montana you need to reserve your business name.  This way during the process no one can steal the name of your company. 

You’ll need to reserve your name online at the Montana SOS: Reservation of Name. Your reservation will be up to 120 days and the filing fee is $10. 

You can also file for a Registration of Assumed Name to the Montana Secretary of State to do business in Montana even without a legal entity name. The filing fee is $20. 

Step 2: File Your Articles of Organization in Montana

Setting up an LLC in Montana is easy, especially for single-member LLCs. Just go and sign up to Welcome to ePass Montana.  

You can just directly file the Articles of Organization even without a reservation.  Easy peasy. 

If you don’t want to file online, you can download and print out the Articles of Organization form.  

Fees: In Montana, the cost of setting up your LLC and filing the Articles of Organization is $70. It takes 7 to 10 business days to get approval. But you can pay an extra $20 for 24-hour processing and/or $100 for 1-hour processing. 

Step 3: Complete Your Montana LLC Operating Agreement 

An operating agreement is a key document used by LLCs, and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements. 

Step 4: Get Your Federal Tax ID Number (EIN) 

Once your Montana LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans, and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.   

Step 5: File Your LLC Annual Report 

Your Montana LLC is required to file an annual report on whether your LLC does nothing or makes no money at all. To file the annual report online (no mail filings since 2017), go to Welcome to ePass Montana. 

The filing fee is $20 and is due on or before April 15th of each year. Filing beyond that will result in a penalty of $35.  

Failure to file by December 1st will automatically dissolve your LLC business. You can file an Application for Reinstatement for up to five years after its dissolution. 

Taxes, Permits, and Licensing in Montana 

To do business in Montana you will need to file tax returns, and hold permits and licenses in your county or city. 

Montana LLC must apply for the necessary business licenses and or permits.  This depends a lot on the type of business and the location of your business. 

Aside from business licenses and permits, all LLCs must also pay appropriate taxes and meet obligations with the Montana Department of Revenue. 

Putting it All Together

Now that you can set up an LLC in Montana online it shouldn’t take more than an hour or two to get up and running.  The Montana Secretary of State’s website is very easy to navigate and following the five steps above will help you get your talents and ideas to market faster. 

We’ve put together a free step-by-step guide on how to set up an LLC in Missouri. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Missouri LLC right now!

A few points to remember before setting up your LLC in Missouri

When you set up an LLC in Missouri you’ll need a few things before you get started.  This section will help you get your checklist in order.

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Missouri LLC name. Go to Search for a Business Entity to make sure yours is not taken.

An LLC Designator 

You must have an LLC designator in your name in one of the following formats. 

• LLC (most common) 
• L.L.C. 
• LC 
• L.C. 
• Limited Liability Company

Now that you have your unique business name, it’s time to register it with the state of Missouri. Let’s get down to business. 

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Missouri LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Missouri Department of Revenue. 

If you’re opening a business in Missouri but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

• Must be 18 and be a resident of the state 
• Must be authorized to do business in the state. 
• Must have a physical street address located in Missouri 

A Company 

• Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state. 

Step 1: Register Your Business Name 

To Set up an LLC in Missouri you need to reserve your business name.  This way during the process no one can steal the name of your company. 

You’ll need to reserve your name at the Starting a Business: Business Name Reservations. Or download the Name Reservation Form and apply for it by mail.  

Your LLC name will be reserved for up to 60 days. And you are only allowed to renew for two additional 60-day periods. The fee for reservation of your business name is $25 for both online and mail filings.  

Step 2: File Your Articles of Organization in Missouri

Setting up an LLC in Missouri is easy, especially for single-member LLCs. Just go and sign up to the Business Registration Online Portal. Online filing will give you immediate approval. 

You can just directly file the Articles of Organization even without reservation.  Easy peasy. 

If you don’t want to file online, you can download and fill out the Articles of Organization form. It takes 5 to 10 business days to get approval back. 

Fees: In Missouri, the cost of setting up your LLC and filing the Articles of Organization is $50 online and $105 by mail.  

Step 3: Complete Your Missouri LLC Operating Agreement

An operating agreement is a key document used by LLCs and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements. 

Step 4: Get Your Federal Tax ID Number (EIN) 

Once your Missouri LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.

Taxes, Permits, and Licensing in Missouri 

To do business in Missouri you will need to file tax returns, and hold permits and licenses in your county or city. 

Missouri LLC must apply for necessary business licenses and or permits.  This depends a lot on the type of business and the location of your business. 

There is no annual report required to file in Missouri. So, aside from business licenses and permits, all LLCs must pay appropriate taxes and meet obligations with the Missouri Department of Revenue.  

Putting it All Together

Now that you can set up an LLC in Missouri online it shouldn’t take more than an hour or two to get up and running.  The Missouri Secretary of State’s website is very easy to navigate and following the four steps above will help you get your talents and ideas to market faster. 

We’ve put together a free step-by-step guide on how to set up an LLC in Mississippi. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Mississippi LLC right now!

A few points to remember before setting up your LLC in Mississippi

When you set up an LLC in Mississippi you’ll need a few things before you get started.  This section will help you get your checklist in order.

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Mississippi LLC name. Go to Business Services: Business Search to make sure yours is not taken.

An LLC Designator 

You must have an LLC designator in your name in one of the following formats. 

• LLC (most common) 
• L.L.C. 
• Limited Liability Company

Now that you have your unique business name, it’s time to register it with the state of Mississippi. Let’s get down to business. 

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Mississippi LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Mississippi Department of Revenue. 

If you’re opening a business in Mississippi but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

• Must be 18 and be a resident of the state 
• Must be authorized to do business in the state. 
• Must have a physical street address located in Mississippi 

A Company 

• Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state.

Step 1: Register Your Business Name 

To Set up an LLC in Mississippi you need to reserve your business name.  This way during the process no one can steal the name of your company. 

You’ll need to reserve your name at the Name Reservations Filing. Or download and print out the form from the same site if you want to apply for it by mail.  

Your LLC name will be reserved for up to 180 days. The fee for reservation of your business name is $25 for both online and mail filings.

Step 2: File Your Articles of Organization in Mississippi

Setting up an LLC in Mississippi is easy, especially for single-member LLCs. Just go and sign up to Mississippi Secretary of State: Business Services. Online filing will take 1 to 2 business days to get approval. 

You can just directly file the Articles of Organization even without a reservation.  Easy peasy. 

If you don’t want to file online, you can download and print out the form from the same site. It takes 3 to 5 business days to get approval back. 

Fees: In Mississippi, the cost of setting up your LLC and filing the Articles of Organization is $50 both online and mail filings.  

Step 3: Complete Your Mississippi LLC Operating Agreement

An operating agreement is a key document used by LLCs, and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements. 

Step 4: Get Your Federal Tax ID Number (EIN) 

Once your Mississippi LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.   

Step 5: File Your LLC Annual Report

Your Mississippi LLC is required to file an annual report. The state does not receive mail filings so you can only file your annual reports online. To file go to Mississippi Secretary of State: Business Services.  

There is no ($0) filing fee for domestic LLCs. But foreign LLC must pay $250 for the annual report. Failure to file will dissolve your business after receiving a warning notice from the Secretary of State. 

Taxes, Permits, and Licensing in Mississippi

To do business in Mississippi you will need to file tax returns, and hold permits and licenses in your county or city. 

Mississippi LLC must apply for necessary business licenses and or permits.  This depends a lot on the type of business and the location of your business. 

Aside from business licenses and permits, all LLCs must also pay appropriate taxes and meet obligations with the Mississippi Department of Revenue. 

Putting it All Together

Now that you can set up an LLC in Mississippi online it shouldn’t take more than a day or two to get up and running.  The Mississippi Secretary of State’s website is very easy to navigate and following the five steps above will help you get your talents and ideas to market faster.

We’ve put together a free step-by-step guide on how to set up an LLC in Massachusetts. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Massachusetts LLC right now!

A few points to remember before setting up your LLC in Massachusetts

When you set up an LLC in Massachusetts you’ll need a few things before you get started.  This section will help you get your checklist in order.

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Massachusetts LLC name. Go to Commonwealth of Massachusetts: Search for Business Entity to make sure yours is not taken.

An LLC Designator 

You must have an LLC designator in your name in one of the following formats. 

• LLC (most common) 
• L.L.C. 
• Limited Liability Company 

Now that you have your unique business name, it’s time to register it with the state of Massachusetts. Let’s get down to business. 

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Massachusetts LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Massachusetts Department of Revenue. 

If you’re opening a business in Massachusetts but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

• Must be 18 and be a resident of the state
• Must be authorized to do business in the state. 
• Must have a physical street address located in Massachusetts

A Company 

• Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state.

Step 1: Register Your Business Name 

To Set up an LLC in Massachusetts you need to reserve your business name.  This way during the process no one can steal the name of your company. 

There is no online reservation so you’ll need to apply by mail. Get this name reservation form and/or go to the Commonwealth of Massachusetts: About Name Reservations to download and fill it out. 

The reservation is only for up to 60 days and the filing fee is $30. If you wish to extend it for another 60 days, pay an additional $30. 

Step 2: File Your Certificate of Organization in Massachusetts

Setting up an LLC in Massachusetts is easy, especially for single-member LLCs. Just go to the Commonwealth of Massachusetts: LLC Information. Or go directly to the Certificate of Organization. 

You can just directly file the Certificate of Organization even without a reservation.  Easy peasy. 

If you don’t want to file online, you can download from the Commonwealth of Massachusetts: LLC Information and fill out the LLC Certificate of Organization or Professional LLC Certificate of Organization.  

Fees: In Massachusetts, the cost of setting up your LLC and filing the Certificate of Organization is $520.00 online and $500 by mail. Processing and approval for both take 24 to 36 hours.   

Step 3: Complete Your Maryland LLC Operating Agreement 

An operating agreement is a key document used by LLCs, and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements. 

Step 4: Get Your Federal Tax ID Number (EIN) 

Once your Massachusetts LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.

Step 5: File and Pay Your LLC Annual Report

Massachusetts LLC is required to file and pay an annual report to keep your LLC in compliance and in good standing.  

To file online go to Corporations Online Filing System or download and fill out Form D – LLC Annual Report and sent it by mail. 

The annual report fees are $520 online and $500 by mail. It takes 24 to 36 hours to process your filing.

Taxes, Permits, and Licensing in Massachusetts

To do business in Massachusetts you will need to file tax returns, and hold permits and licenses in your county or city. 

Massachusetts LLC is required to file and pay an annual report to keep your LLC in compliance and in good standing.  

To file online go to Corporations Online Filing System or download and fill out Form D – LLC Annual Report and sent it by mail. 

The annual report fees are $520 online and $500 by mail. It takes 24 to 36 hours to process your filing. 

Aside from business licenses and permits, all LLCs must also pay appropriate taxes and meet obligations with the Massachusetts Department of Revenue. 

Putting it All Together

Now that you can set up an LLC in Massachusetts online it shouldn’t take more than a day or two to get up and running.  The Massachusetts Secretary of Commonwealth’s website is very easy to navigate and following the five steps above will help you get your talents and ideas to market faster.

We’ve put together a free step-by-step guide on how to set up an LLC in Michigan. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Michigan LLC right now!

A few points to remember before setting up your LLC in Michigan

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Michigan LLC name. Go to LARA: Search for Business Entity to make sure yours is not taken. 

An LLC Designator 

You must have an LLC designator in your name in one of the following formats. 

• LLC (most common) 
• L.L.C. 
• Limited Liability Company

Now that you have your unique business name, it’s time to register it with the state of Michigan. Let’s get down to business. 

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Michigan LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Michigan Department of Treasury – Taxes. 

If you’re opening a business in Michigan but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

• Must be 18 and be a resident of the state 
• Must be authorized to do business in the state. 
• Must have a physical street address located in Michigan 

A Company:

• Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state. 

Step 1: Register Your Business Name 

To Set up an LLC in Michigan you need to reserve your business name.  This way during the process no one can steal the name of your company. 

You’ll need to reserve your name at the LARA: Application for Reservation of Name – LLC. Or download the Name Reservation Form and apply for it by mail. The fee for reservation of your business name is $25. 

You can also file for a Certificate of Assumed Name by mail in the Michigan Department of Licensing and Regulatory Affairs to do business in Michigan even without a legal entity name. The filing fee is $25 and the registration is good for 5 years. 

Step 2: File Your Articles of Organization in Michigan

Setting up an LLC in Michigan is easy, especially for single-member LLCs. Just go to LARA: Corporations Online Filing System. Or directly to Articles of Organization for filing online. 

You can just directly file the Articles of Organization even without a reservation.  Easy peasy. 

If you don’t want to file online, you can download and fill out the Articles of Organization form. It takes 10 to 15 business days to get an approval back. 

Fees: In Michigan, the cost of setting up your LLC and filing the Articles of Organization is $50 both online and by mail.

Step 3: Complete Your Michigan LLC Operating Agreement

An operating agreement is a key document used by LLCs and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements. 

Step 4: Get Your Federal Tax ID Number (EIN) 

Once your Michigan LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans, and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received, etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.

Step 5: File and Pay Your LLC Annual Statement

Your Michigan LLC is required to file and pay an annual statement. To file online go to Corporations Division: Online Filing. You will get approval within 1-2 hours. 

If you want to file by mail, use the pre-printed form (BCS/CD-2700) of the annual statement sent by the state to your registered agent. You will get approval within 3-5 business days after you send it by mail. 

The filing fee for your LLC annual statement is $25. The due date is the 15th of February. 

Taxes, Permits, and Licensing in Michigan

To do business in Michigan you will need to file tax returns, and hold permits and licenses in your county or city. 

Michigan LLC must apply for necessary business licenses and or permits.  This depends a lot on the type of business and the location of your business. 

Aside from business licenses and permits, all LLCs must also pay appropriate taxes and meet obligations with the Michigan Department of Treasury – Taxes. 

Putting it All Together

Now that you can set up an LLC in Michigan online it shouldn’t take more than a day or two to get up and running.  The Michigan Department of Licensing and Regulatory Affairs’ website is very easy to navigate and following the five steps above will help you get your talents and ideas to market faster. 

We’ve put together a free step-by-step guide on how to set up an LLC in Minnesota. We want you to have a clear idea of how to set up and manage an LLC for your state. We’ve tried to make sure you have the information you need right at your fingertips. Each step has instructions and links to the sites for you to fill out the forms in the correct order. So, let’s set up your Minnesota LLC right now!

A few points to remember before setting up your LLC in Minnesota

When you set up an LLC in Minnesota you’ll need a few things before you get started.  This section will help you get your checklist in order.

A Unique Business Name 

Every business in the state must be unique. You’ll need to search for a Minnesota LLC name. Go to Business & Liens: Search Business Filings to make sure yours is not taken.

An LLC Designator 

You must have an LLC designator in your name in one of the following formats. 

• LLC (most common) 
• Limited Liability Company 

Now that you have your unique business name, it’s time to register it with the state of Minnesota. Let’s get down to business.

A Registered Agent 

In most states, a registered agent is a person or a company that accepts “Service of Process” for your Minnesota LLC. A registered agent will receive any subpoenas, notices, and other legal, and tax documents sent to your business by the Minnesota Department of Revenue. 

If you’re opening a business in Minnesota but you aren’t a resident, you’ll need to get a registered agent in that state.  The requirements for a registered agent are as follows: 

An Individual: 

• Must be 18 and be a resident of the state 
• Must be authorized to do business in the state. 
• Must have a physical street address located in Minnesota 

A Company 

• Must be authorized to do business in the state 

If you meet the above criteria, you can be your own registered agent. Or you can set up a friend or family member to be your registered agent. 

You can also hire a commercial Registered Agent. A company that provides their name and address to receive legal documents from the state. 

Step 1: Register Your Business Name 

To Set up an LLC in Minnesota you need to reserve your business name.  This way during the process no one can steal the name of your company. 

You’ll need to reserve your name at the Business & Liens: Create Online Account. Or download the Name Reservation Form and apply for it by mail. The fee for reservation of your business name is $55 for online filings and $50 for mail filings. 

You can also file for a Certificate of Assumed Name by mail or online to the Minnesota Secretary of State to do business in Minnesota even without a legal entity name. The filing fee is $50 online and $30 by mail.

Step 2: File Your Articles of Organization in Minnesota 

Setting up an LLC in Minnesota is easy, especially for single-member LLCs. Just go and sign up to Business & Liens: Create Online Account. Online filing will give you immediate approval. 

You can just directly file the Articles of Organization even without a reservation.  Easy peasy. 

If you don’t want to file online, you can download and fill out the Articles of Organization form. It takes 4 to 7 business days to get an approval back. 

Fees: In Minnesota, the cost of setting up your LLC and filing the Articles of Organization is $155 online and $135 by mail.

Step 3: Complete Your Minnesota LLC Operating Agreement 

An operating agreement is a key document used by LLCs and partnerships. It outlines the business’ financial and functional decisions including rules, regulations, and provisions. This describes how your LLC will operate internally. For more information on operating agreements, you can check out the Small Business Administration’s article on basic operating agreements.

Step 4: Get Your Federal Tax ID Number (EIN) 

Once your Minnesota LLC has been approved it’s time to get your Federal Tax ID Number from the IRS.   

Your EIN is the social security number of your business.  Keep it well protected.  You’ll use this number to open bank accounts, file tax documents, apply for loans, and many other uses.  It also protects your social security number when doing business with other businesses like merchant accounts, 1099s received, etc. 

To apply for your EIN you can go to IRS EIN/Tax ID Application.  Make sure you pick the correct Business Entity Type.

Step 5: File Your LLC Annual Renewal 

Your Minnesota LLC is required to file an annual renewal with the Minnesota Secretary of State. To file online go to Business & Liens: Create Online Account. You will get an approval immediately. 

If you want to file by mail, download and fill out the Annual Renewal Form. You will get approval within 4 to 7 business days after you send it by mail. 

There is no ($0) filing fee if your LLC is in good standing. But failure to file will dissolve your business and you need to pay for the reinstatement. You will spend $25 for mail and $45 for online filings.

Taxes, Permits, and Licensing in Minnesota

To do business in Minnesota you will need to file tax returns, and hold permits and licenses in your county or city. 

Minnesota LLC must apply for necessary business licenses and or permits.  This depends a lot on the type of business and the location of your business. 

Aside from business licenses and permits, all LLCs must also pay appropriate taxes and meet obligations with the Minnesota Department of Revenue. 

Putting it All Together

Now that you can set up an LLC in Minnesota online it shouldn’t take more than an hour or two to get up and running.  The Minnesota Secretary of State’s website is very easy to navigate and following the five steps above will help you get your talents and ideas to market faster.