IncNext

Get your company. Fast.

Minnesota company

Company for $338

Starting your own startup was never easier. Set up your LLC or Corporation and get to work on your venture, we'll take care of the paperwork!

Complete Package

Simple All You Need Package & logo for free

Our All You Need Package containts everything to get you started. You pay a single price per state and we take care about the rest for you.

Minnesota State Initial Filing fee • value of $160
Checking name availability, preparing state-approved Articles of Incorporation, filing Articles with state, mailing them to you. • value of $89
Registered Agent for one year • value of $89
Company Bylaws included
Ready to fill Stock Certificates included
Meeting of Shareholders Minutes
Meeting of Directors Minutes included
Reminders about annual renewals through INCCONTACT

Example logos created by IncNext More logos

Process Explained

The creation process

We save your valuable time by doing what we do best – creating companies. There are five main steps and some related administrative that we cover for you.

Checking Name Availability
Preparation and Review of Articles of Incorporation
Filing Articles with State
Sending Articles of Certificate of Incorporation to you
Electronic forms – bylaws, minutes & notifications

Minnesota regular filing takes approximately 2 weeks.

Once your company is ready

Once the company comes to live, you will need a few things to make it comply with the Minnesota laws. Some are one-off and some on yearly basis. Our system will remind you at the right time, so no worries.

Tax ID (EIN) – free online or via or phone
Yearly Requirements and Fees for Minnesota companies
Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

Why Minnesota

Why incorporate in Minnesota?

Minnesota ranked 3rd on the Work Environment Index.
– Political Economy Research Institute
Minnesota ranked 8th in the State Technology and Science Index
– Millken Foundation
Minnesota is headquarters for 19 Fortune 500 companies.
Minnesota is typically one of the nation’s leaders in most important economic and social indicators.

Most important statistics

Cost of Living Index

For Minneapolis, MN (2010)	Index Score
Composite	111.0
Grocery Items	111.6
Housing	116.8
Utilities	104.7
Transportation	103.7
Health Care	105.4
Misc. Goods & Services	110.4

Get Minnesota Company

Fees & taxes

Business Inventory Tax
Business inventory is exempt.

Corporate Income Tax
Minnesota has a flat rate tax of 9.8%. Minnesota does not have a capital value tax. Unlike a corporate income tax which is imposed only on a business’ profits, a capital value tax is imposed regardless of whether a business is profitable or not.

Personal Income Tax
Minnesota’s personal income tax system consists of three separate brackets with a top rate of 7.85% starting at an income level of $61,460.

Personal Property Tax
Minnesota is one of the 38 states that collect property taxes at both the state and local levels. Most commercial and industrial property is assessed at 1.5% on the first $150,000 of market value and 2.0% of remainder. No tax on intangible property.

State Sales and Use Tax
Base Rate: 6,5%
Machinery Rate: none
A refund for the tax on sales of capital equipment is imposed and collected at the general tax rate, and upon application by the purchaser, a refund will be paid to the purchaser.

Unemployment Insurance
Minnesota’s new employers’ rate is 2.88% for 1 year.

If you need more information, let us know

Visit us in Las Vegas

IncNext
EastBiz.com, Inc.
5348 Vegas Dr.
Las Vegas, NV 89108

Phone: (702) 871-8678
E-mail: help@incparadise.com

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