Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.
Annual Report at a Glance
Due Date
December 31
Fee
$0
Filing Method
Online only
Late Penalty
$25 reinstatement fee if dissolved for non-filing
Sos Filing Url
https://www.sos.state.mn.us
How to File
1
Visit the Minnesota Secretary of State website
Go to https://www.sos.state.mn.us and navigate to the business services section to access the online filing system for LLC annual reports.
2
Locate your LLC in the system
Enter your LLC's name or file number to find your business record. You'll need your registered business information to proceed with the filing.
3
Complete the annual report form
Update your LLC's current information including registered office address, registered agent details, and member/manager information as required.
4
Review and submit your filing
Carefully review all information for accuracy, then submit your annual report. Since there's no filing fee, you can complete this process at no cost.
5
Save your confirmation
Print or save the confirmation page as proof of filing. Keep this documentation with your LLC records for future reference and compliance tracking.
Ready to file your annual report?
Go directly to the Minnesota Secretary of State portal.
If you miss the December 31 deadline, the Minnesota Secretary of State will administratively dissolve your LLC, immediately ending your legal business status and liability protection. You'll lose the ability to conduct business, sign contracts, or sue in court under your LLC name. To restore your LLC to good standing, you must file Form LLC-24 (Application for Reinstatement) with the Minnesota Secretary of State and pay a $25 reinstatement fee, plus any outstanding annual report fees. If your LLC was dissolved more than two years ago, you may face additional complications. This administrative dissolution can damage your business credit, trigger personal liability for unpaid obligations, and create complications with business licenses and tax filings. File your annual report by December 31 each year to avoid this outcome. Contact the Minnesota Secretary of State's Office at 651-296-2803 or visit sos.state.mn.us to file your overdue report or reinstatement application immediately.
Minnesota LLCs must file their annual report exclusively online through the Minnesota Secretary of State's Business Services portal at https://www.sos.state.mn.us. The state requires electronic filing only—paper submissions are rejected.
You'll complete the Annual Report form (Form 5010) directly on the Secretary of State's website. The filing deadline is 60 days after your LLC's anniversary date of formation. Minnesota charges a $50 filing fee, payable by credit card during the online submission process.
This online-only requirement means you cannot use mail or in-person filing at the Minnesota Secretary of State's office. Missing your deadline triggers a $25 late penalty per month, and your LLC's good standing status lapses—affecting your ability to conduct business legally in Minnesota.
To file now, log into the Business Services portal using your LLC's identification number, verify your current business address and registered agent information, pay the $50 fee, and submit. Keep your confirmation email as proof of timely filing.
Minnesota LLC annual reports are completely free to file with the Minnesota Secretary of State. Unlike many states that charge $50–$300 annually, Minnesota imposes zero filing fees for this mandatory compliance document.
You must file your annual report using Form 5A (Application for Renewal of Registration of Limited Liability Company) by June 1st each year, or face a $50 penalty plus potential administrative dissolution. The report requires basic information: your LLC's legal name, principal place of business, registered agent details, and manager/member information.
This cost-free requirement means your primary compliance expense is the time to gather current business information and submit the form online through the Minnesota Secretary of State's filing system. Even though filing is free, missing the June 1st deadline triggers penalties that quickly become expensive.
Your next step: Log into the Minnesota Secretary of State's online portal at sos.state.mn.us before May 31st to file your Form 5A and ensure your LLC maintains good standing status.
All Minnesota LLC annual reports are due by December 31st each year, regardless of your LLC's formation date. The Minnesota Secretary of State requires you to file Form 5MR (Domestic LLC Annual Report) or Form 5SR (Foreign LLC Annual Report) by this deadline. The filing fee is $100 for domestic LLCs and $150 for foreign LLCs doing business in Minnesota. Missing this deadline triggers a $25 monthly penalty starting January 1st, and your LLC's good standing status lapses, potentially exposing you to personal liability and preventing you from conducting business legally. You can file online through the Minnesota Secretary of State's Business Services portal or submit a paper form by mail. To meet the deadline, submit your annual report with required information about registered agents and principal office addresses by December 31st to avoid penalties and maintain your LLC's active status.
No, all active Minnesota LLCs must file annual reports without exception. The Minnesota Secretary of State does not grant exemptions based on LLC size, revenue, or activity level. Even inactive LLCs must file their annual report to maintain good standing with the state.
Your LLC remains subject to filing requirements as long as it holds an active certificate of organization from the Minnesota Secretary of State. Failure to file results in administrative dissolution, which terminates your LLC's authority to conduct business in Minnesota and removes liability protection for members.
The annual report filing fee is $125 and must be submitted by the last day of the month following your LLC's anniversary date. You'll file using the Secretary of State's online portal with Form 5500, the "Annual Report of Limited Liability Company."
To stay compliant, calendar your specific anniversary date and submit your report at least two weeks before the deadline to avoid late penalties and potential dissolution.
