As 2020 comes to a close, this is a reminder for all business to file their annual renewal with the Minnesota Secretary of State if they have not done that yet this year. If you filed a business with the Minnesota Secretary of State including a Certificate of Assumed Name, Minnesota Business Corporation, Non-Profit Corporation, Limited Liability Company, Limited Liability Partnership, Limited Partnership, or another business in the past, you must file a renewal once a year in order for your business to not be “statutorily dissolved.” If your entity has been statutorily dissolved, it means that the state may not recognize your business as existing.
A dissolved business may be retroactively reinstated by filing a renewal and paying a fee, as long as the name is still available.
The following are the steps to file your Annual Renewal:
Operating any business is a complicated process. Our attorneys are here to help guide you along the way. If you have questions regarding your business or would like to learn more, contact our office or book an appointment online to schedule an initial consultation.