Minnesota PLLC Operating Statement

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Control #:
US-0666-WG
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PLLC Operating Statement
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FAQ

Who can form a Minnesota PLLC? An array of professionals can register their business as a professional limited liability company in Minnesota. Below is a full list of the professions that can choose this entity.

If you filed a Certificate of Assumed Name, Minnesota Business Corporation, Foreign Business, or Non-Profit Corporation, or a Cooperative, Limited Liability Company, Limited Liability Partnership or Limited Partnership, you must file an annual renewal once every calendar year, beginning in the calendar year following ...

You should make sure you have an operating agreement for your PLLC. (Unlike most other states, Texas statutes refer to this document as a "company agreement.") Unlike professional licenses, articles of organization, naming restrictions, and service restrictions, this is not a state requirement.

There is no fee for filing the annual renewal if the entity is active and in good standing. An entity that has been dissolved by our office for failure to file an annual renewal, may retroactively reinstate its existence by filing the current year's renewal and pay the applicable fee.

If you filed a Certificate of Assumed Name, Minnesota Business Corporation, Foreign Business Corporation, or Non-Profit Corporation, or a Cooperative, Limited Liability Company, Limited Liability Partnership or Limited Partnership, you must file an annual renewal once every calendar year, beginning in the calendar year ...

Minnesota businesses must file renewals every year to remain active.

Minnesota Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state.

This flexible business entity provides an affordable and easy way for business owners to protect their assets. Although not required by Minnesota law, an operating agreement further protects those with an interest in an LLC by pre-determining how the LLC will conduct business.

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Minnesota PLLC Operating Statement