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![]() Minnesota!Incorporate a Business in Minnesota:
Corporate Name Endings
* The name shall not be deceptively similar to name of any other
domestic corporation, limited partnership, limited liability
partnership, or limited liability company or of any foreign
corporation, limited partnership, limited liability partnership,
or limited liability company authorized to do business in state
unless: (1) such other corporation is about to change its name,
cease business, dissolve or withdraw, and (2) written consent
therefrom is obtained. The name shall contain the word
"corporation," "incorporated," or "limited," or the abbreviation
of one or more of these words or shall contain the word "company"
or the abbreviation "Co.," if that word or abbreviation is not
immediately preceded by word "and" or character "&".
Articles of Incorporation Requirements
* Director Information
* Minimum Number - One or more.
* Residence Requirements. - No provision.
* Age Requirements - None.
* Directors are not required to be listed in the articles of
incorporation.
* Officer Information
* The officers are not required to be listed in the articles of
incorporation.
* Stock Information
* An increase in shares or par value does not effect initial
fees.
Yearly Requirements
* Annual Statements
* The minimum annual license fee is $40. The corporation must
pay the annual license fee by May 15 of each year.
* Income Tax Rate
* Income tax rate is 9.8% of taxable income.
For more information on taxes, visit www.taxes.state.mn.us
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