Minnesota Registered Agent: LLC Guide
What is a Minnesota Registered Agent?
A Minnesota Registered Agent is an individual or business that consents to receive legal correspondence and official notices on behalf of your Minnesota LLC.
If your LLC is sued, legal papers, often called Service of Process, are mailed to your Registered Agent. Additionally, the state may forward notices and reminders to your LLC through the Registered Agent.
A Minnesota Registered Agent must be available during standard business hours (9 am to 5 pm), Monday through Friday.
Your LLC's Registered Agent in Minnesota must have a real street address in the state. PO Box addresses aren’t allowed.
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Is a Registered Agent Required in Minnesota?
Yes, Minnesota mandates that all business entities designate a Registered Agent when filing their LLC formation documents. Additionally, a Registered Agent must be maintained with the state for the duration of the LLC's existence.
Why is a Registered Agent Required in Minnesota?
If your company is sued, a Registered Agent will take legal documents and ensure that your LLC has confirmation of receipt.
Because of this, all businesses including corporations and LLCs are required to have a Registered Agent on file with the state.
Alternatively, the Registered Agent of your LLC is an important player in the legal proceedings. For each LLC, Minnesota guarantees the appropriate delivery and tracking of court documents by maintaining a Registered Agent on file.
Who can be my Registered Agent in Minnesota?
You have three options for choosing your Minnesota Registered Agent:
- You
- A friend or family member.
- A Registered Agent Service in Minnesota
Opting to be your Registered Agent might save you money, but it does come with some risks.
What are the risks?
If you choose to be your own Minnesota Registered Agent, you may face several risks, including:
- Overlooking important state notices
- Facing administrative dissolution
- Missing Service of Process, which could lead to legal problems
These issues are more likely if you:
- Move without updating your address with the state
- Travel or are away for long periods
- Lack of dependable physical address
- Fail to monitor your mail consistently
We’ll go over these risks in more detail below.
Missing an important notice from the state
The Secretary of State of Minnesota or other state agencies must promptly send essential notices to your business.
These notices often include actions your LLC needs to take by certain deadlines. If you miss these deadlines, you could face penalties and extra fees.
Administrative Dissolution
If you're acting as your LLC's Registered Agent and move without updating your address with the state, your LLC could be dissolved by the Minnesota Secretary of State.
The state doesn't check on your LLC daily, but if it discovers your address is out of date and can't contact you, it might decide to shut down your LLC.
Default Judgment
If your LLC is involved in a lawsuit, the process server will try several times to hand over the court documents to your business.
This means that the individual suing your LLC does not need your defense to proceed with their case against your company. Usually, your LLC is hit with a default judgment as a result.
In this case, the individual suing your LLC does not need your presence to defend your company. Usually, this results in a judgment by default against your LLC.
Contempt of Court
If your LLC is part of a lawsuit, you might get a subpoena. This is a request for you to testify or give records.
If you don't respond, you could be held in contempt of court. This might lead to fines or a bench warrant, letting the sheriff take your records or force you to go to court.
Should you be your own Registered Agent?
You can be your own Registered Agent in Minnesota. Although there are some risks, they are relatively uncommon, and handling them yourself can save you money.
However, using a professional Registered Agent Service can offer extra advantages, like keeping your address private.
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Registered Agent Details Are Public Record in Minnesota
As the Registered Agent of your LLC, you may name a friend or member of your family. However, this implies that the public will be able to access your home address.
The information you offer in your Certificate of Formation, including the address of the Registered Agent, is kept on file with the Minnesota Secretary of State as a public record.
Your address will be available to the public and could show up on many websites if you list it as your LLC’s Registered Agent address.
Once other sites get this information, it spreads, and your address might be found easily with a Google search.
If you want to keep your address private, we can help with that.
How to Keep Your Address Out of Public Records
Many Minnesota business owners operate from their homes but be aware that the address of your Registered Agent on your LLC Certificate of Formation will be listed in public records.
To keep your home address private, consider hiring a Minnesota Registered Agent Service. They can provide their address for your Certificate of Formation, keeping your address off the public record.
What’s the best choice for a Minnesota Registered Agent?
The best Minnesota Registered Agent for your business depends on several factors.
You:
You can be your own Registered Agent in Minnesota if:
- You live in Minnesota
- You have a physical address in Minnesota
Keep in mind that your address will be listed on public records.
Why choose this? It's a good way to save money because you don’t have to pay for a Registered Agent Service.
Friend or Family:
A friend or family member can be your Minnesota Registered Agent if:
- They live in Minnesota
- They have a physical street address in Minnesota
They also need to be okay with having their address listed on public records.
Why choose this? It's a good choice if you’re not a Minnesota resident and want to save money, as you won't need to hire a Registered Agent Service.
Minnesota Registered Agent Service:
A Minnesota Registered Agent Service (also known as a Commercial Registered Agent) is a company that handles receiving mail and legal documents for your LLC.
These services typically cost between $100 and $300 per year. They will either forward the mail they receive to you or upload it to your online account.
Why choose this option? It's a good choice if you:
- Don't live in Minnesota
- Don't have a friend or family member whose address you can use
- Won't be available during normal business hours to receive mail
- Prefer not to have your address listed in the Certificate of Formation
Need to save time?
Consider hiring a professional to set up your LLC: Northwest Registered Agent offers LLC formation services starting at $39 plus the state fee.
(Find out why Northwest is the top choice for LLC formation)
Minnesota Registered Agent FAQs
How much does a Registered Agent cost in Minnesota?
If you (or a friend or family member) will be your Registered Agent, there is no cost.
If you want to hire a Registered Agent Service, it will cost between $100 and $300 per year.
To learn more about how these companies compare against each other, check out Best Registered Agent Services in Minnesota.
Can the Sole Member of an LLC be the Registered Agent?
Yes, the Sole Member of an LLC can be their own Registered Agent as long as they meet the state requirements listed above.
Can a family member be a Registered Agent in Minnesota?
Yes, a family member can be your Registered Agent in Minnesota if they meet the legal requirements.
To be your Registered Agent, your family member must have a physical address in Minnesota. (PO Boxes aren’t allowed). They must be available at that address during normal business hours.