Skip to content

Start a Business in Minnesota

Costs, permits, taxes, and requirements for MN.

Cost rank
28th of 50
97% of the national average · tied with 1 other state
State income tax
5.35-9.85%
Charged on top of federal income tax
Sales tax
6.875%
You collect it on taxable sales and remit it to the state
LLC filing fee
$155
One-off, paid to the Secretary of State · 10th most expensive of 50 (median $100)

Where Minnesota sits on cost

Cheapest third to most expensive third, by startup cost index. Hover a state for its index and rank.

MN Lower cost Mid Higher cost

What's different in Minnesota

Winter takes months out of the year for anything done outdoors in Minnesota, and the businesses that do well either price the closed weeks into the open ones or run a second line of work through them. The Twin Cities hold an unusual concentration of large employers for a state this size, which supports a deep business-to-business market — but it also means procurement standards, insurance requirements and payment terms that a very small supplier has to be ready to meet. Employers here also pay into a state paid-leave programme, so payroll costs more than the headline wage and should be modelled that way from the first hire.

The outdoor season is short
Landscaping, paving and exterior trades earn in a compressed window and pay overheads all year.
Selling to large employers
The metro's corporate base is a real market, but it comes with vendor requirements and slow terms.
Payroll carries a state programme
Paid-leave contributions sit on top of wages; budget the loaded cost, not the hourly rate.

Business Guides for Minnesota

All 53, cheapest first. Ranges are what that business actually costs in MN.

Under $10K 21

$10K – $50K 18

$50K and up 14

Get a personalized cost estimate for Minnesota

Calculate Costs

Business Requirements in Minnesota

1

Register Your Business

File with Minnesota Secretary of State. LLC fee: $155

2

Get Business License

Most cities require a general business license ($50-$300).

3

Get EIN

Free from IRS. Required for bank accounts and taxes.

4

Register for Sales Tax

State rate: 6.875%. Local taxes may apply.

5

Get Business Insurance

General liability protects from lawsuits. Often required by landlords.

Frequently Asked Questions

Q.01 How much does it cost to start a business in Minnesota?
Startup costs in Minnesota are 3% lower than the national average. LLC filing costs $155, plus business license ($50-$300). Total varies by business type.
Q.02 Does Minnesota have income tax?
Minnesota has a state income tax rate of 5.35-9.85%.
Q.03 What is the sales tax in Minnesota?
The state sales tax in Minnesota is 6.875%. Local taxes may apply.
Q.04 How do I form an LLC in Minnesota?
File Articles of Organization with the Secretary of State (fee: $155). You'll also need an Operating Agreement and EIN from the IRS.

Share the Minnesota numbers

Browse Other States