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MNFEE$55TIME2-4 wksStatement of TerminationMINNESOTATax clearance required firstDISSOLVED
State Guides6 min read

How to Dissolve an LLC in Minnesota

Dissolving a Minnesota LLC costs $55 online and takes 2 to 4 weeks, but the state will not process it until you are clear on taxes. Here is the exact process.

By Gabriel Gil|

Quick Answer

To dissolve an LLC in Minnesota, file a Statement of Termination with the Secretary of State for $55 online or in person ($35 by mail). Processing takes 2 to 4 weeks, and Minnesota requires the LLC to be current on state taxes before the filing will be accepted.

To dissolve an LLC in Minnesota, you file a Statement of Termination with the Secretary of State. It costs $55 if you file online or in person, or $35 if you file by mail, and takes 2 to 4 weeks to process. The one step that trips people up: Minnesota will not accept the filing until the LLC is current on its state tax obligations.

What Document Do You File to Dissolve a Minnesota LLC?

Most Minnesota LLCs file a Statement of Termination. If your LLC never accepted outside contributions (the majority of single-member and small multi-member LLCs), this is the form you want. LLCs that did accept contributions from members file under a different section of the statute and use Articles of Termination instead, so check which structure your LLC actually has before filing the wrong form.

How Much Does It Cost to Dissolve an LLC in Minnesota?

Filing fees are $55 for online or in-person filing, and $35 if you mail it in. That is on the lower end compared to many states, but the cheaper mail option adds real time to an already multi-week process, so most owners file online for the faster turnaround.

Minnesota charges $55 to file a Statement of Termination online or in person, and $35 by mail. Processing takes 2 to 4 weeks either way once the filing is accepted.

Why Does Minnesota Require Tax Clearance Before Dissolving?

Minnesota checks that your LLC is current with the Department of Revenue before it will finalize a dissolution. This is not a separate application you file ahead of time, it is a standing requirement behind the filing, and it exists so an LLC cannot legally walk away from a company while it still owes the state money. If your LLC has any outstanding state tax filings or balances, resolve those first, or your Statement of Termination can sit unprocessed while the state waits on you.

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How Long Does It Actually Take?

Once your filing is complete and your tax standing is clear, expect 2 to 4 weeks for the Secretary of State to process it. That timeline assumes nothing is outstanding on the tax side. An LLC that files with unresolved tax issues can end up waiting significantly longer while that gets sorted out, which is why checking your standing before you file saves real time rather than costing it.

Do You Need a Registered Agent to File in Minnesota?

Yes. Your LLC needs to maintain its registered agent through the entire dissolution process, the same as in every other state. Cancel it too early and you risk falling out of good standing before the state has processed your termination, which can complicate the exact filing you are trying to complete. If you are unsure on the timing, our guide on registered agents and dissolution covers exactly when it is safe to cancel.

What Happens After the Statement of Termination Is Approved?

Once Minnesota processes your filing, your LLC legally stops existing as a business entity in the state. You should still close out any remaining state tax accounts, cancel any business licenses tied to the LLC, and keep your final filing confirmation and business records for your own files, most states recommend at least 3 to 7 years depending on the record type.

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Closing a Minnesota LLC

Minnesota's process is straightforward once your taxes are current, a $55 filing and a 2 to 4 week wait. The tax clearance requirement is the one part owners underestimate, since it can quietly stall a filing that otherwise looks complete. We handle the paperwork and the sequencing for Minnesota LLCs starting at $99 plus the state fee. Start on our dissolution page and we will walk you through it.

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Gabriel Gil

Business Dissolution Specialist at Prodezk. Helping 15,000+ clients across 193 countries for over 24 years.

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