The Minnesota Articles of Organization are the LLC forms that must be completed and filed with the state in order to incorporate an LLC.
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It is simple to file the Minnesota Articles of Organization!
We’ll walk you through the Minnesota LLC Articles of Organization filing process in three simple stages.
Get Forms for Your Articles of Organization
Complete the Articles of Organization.
Keep the Articles of Organization on file.
Step 1: Obtain your Articles of Organization.
You may either download and send your Minnesota Articles of Organization or file online.
Step two: Complete the Articles of Organization
We will assist you with completing the Minnesota Articles of Organization form in this phase.
To finish each Article, you will need to know the following information:
Name of the Entity
Name of the Registered Agent and the Address of the Registered Office
Duration
Organizers
Name of the Entity
A unique and clever company name is crucial, but it is not as necessary as a legally valid name.
When selecting a name for your company, you must ensure that the name:
fulfils Minnesota naming standards
is not currently in use by another Minnesota firm
The Minnesota Naming Guidelines should be followed:
The word “limited liability company” or the abbreviation “LLC” must be in your name.
Your name cannot include the terms “company,” “incorporated,” or acronyms of either.
Your name cannot indicate that the LLC was formed for an illegal reason.
Your LLC’s name cannot include terms that may be confused with a government organisation (FBI, Treasury, State Department, etc.).
Certain prohibited terms (e.g., bank, attorney, university) may need extra documentation and the participation of a licenced professional in certain jurisdictions.
Your name must be distinct from any other current company in the state.
Examine Name Availability:
Is your name accessible in the state of Minnesota? Do a name search on the Minnesota Secretary of State’s website to ensure that the name you choose isn’t already used.
Obtain a Domain Name:
We suggest that you check to see whether your company’s name is accessible as a web domain. Even if you don’t intend to create a company website right away, you may wish to purchase the URL to prevent others from doing so.
Registered Office and Registered Agent
A registered agent receives and transmits legal paperwork on behalf of your LLC. When you form your Minnesota LLC, you must provide your registered agent and registered office address.
Your registered agent may be someone over the age of 18 who resides in Minnesota. During normal business hours, your registered agent must always be present at the registered office.
Duration
All LLCs in Minnesota have a perpetual duration.
Organizers
Each LLC organizer’s name and address must be included.
Step 3: Submit the Articles of Incorporation.
You must submit the Articles of Organization with the Secretary of State to register your LLC.
You may submit your Articles of Organization in two ways:
Fill out the form online.
Send a physical copy by mail or in person.
Steps to Take After Forming Your Minnesota LLC
After filing your Articles of Organization, you should do the following:
Make a Business Agreement
Obtain an EIN
Establish a Business Bank Account
Purchase Licenses and Permits
Make a Business Agreement
A Minnesota LLC Operating Agreement is a legal document that details your LLC’s ownership structure and member functions.
Although an Operating Agreement is not necessary in Minnesota to incorporate an LLC, it is a good idea to have one. You may begin working on your operating agreement before, during, or after filing your Articles of Organization.
Your operating agreement will be held in the private business records of your LLC; you will not submit it with the state.
Obtain an EIN
An Employer Identification Number (EIN) is your LLC’s equivalent of a social security number. If you want to recruit staff or create company bank accounts, you’ll need an EIN.
You may get your EIN for free by using the IRS website, fax, or mail. Read our What is an EIN article to discover more about EINs and how they might benefit your LLC.
Establish a Business Bank Account
It is critical to use specific business banking and credit accounts to safeguard your company’s corporate veil. When you combine your personal and company accounts, your personal assets (house, vehicle, and other possessions) are at danger if your LLC is sued.
Purchase Licenses and Permits
When forming an LLC, you should consider if your company requires any licences or permissions to operate legally. On the federal level, a few corporate operations need licences and/or permissions.
Learn how to secure the licences and permissions required for your company, or hire an expert to handle it for you:
Federal: For federal business licences and permits, see the U.S. Small Business Administration (SBA).
State: Apply for or learn more about licenses, permits, and registration with the Minnesota Business Licenses and Permits webpage.
Local: Inquire with your county clerk regarding local licences and permissions.