A. File Artcles of incorporation for Minnesota Corporation with the Secretary of State
After choosing which entity is right for you, your next step is to go to the Minnesota Secretary of State's website and download the appropriate incorporation form that may be available. Or, if you don't want to do the work yourself, we can help you incorporate a business in Minnesota. Click here for a free quote on our Minnesota business incorporation services.
B. S Corporation Filings for Your New Minnesota Corporation
1. Federal S-Corporation Election Form
If you have Clickandinc.com incorporate a business for you in Minnesota, and you choose to be treated as an s-corporation for federal income tax purposes, we can draft that form for you (IRS form 2553). If you choose to draft it on your own, you can download it from the IRS website.
NOTE: You have 75 days from the date you incorporate a business in Minnesota to file your form 2553 with the IRS. If you fail to file in that time period, you will not be granted s-corporation status for the year in which you incorporate.
2. Minnesota S-Corporation Election form
Minnesota does not require s-corporations to file a seperate s-corporation election form.
C. Get Your Minnesota Tax ID Number and Or Other State Required Documentation
Have your Federal Tax ID Number (EIN) handy; most states require it on their state tax ID number forms and other forms that you may need to complete after you incorporate a business in Minnesota.
Remember: what you see below are post-incorporation steps and only need to be done after you incorporate a business in Minnesota.
1. Application for Business Registration, Form ABR
Once you’ve received your Federal ID Number is when you want to file this form.
If you have questions about the form, call 651-282-5225 or 800-657-3605. You can also log on to www.taxes.state.mn.us.
2. Business Licenses
Surely, the list above is not everything you will need to do once you incorporate a business in Minnesota. You should always check with your accountant or attorney in order to make sure you are compliant with all state laws. Clickandinc.com is not a law firm and nothing on this page can be considered legal advice on which you can rely.
If you’d like Clickandinc.com to help you incorporate a business in Minnesota, we’d love to help.