If you own a business entity in Minnesota, there’s a simple but critical requirement you can’t afford to overlook. In this episode, we explain why annual renewals with the Minnesota Secretary of State are required for entities like LLCs, corporations, nonprofits, limited partnerships, and even assumed names.

You’ll learn what happens if this filing is missed, including how an entity can become statutorily dissolved and what it takes to fix the problem. We also discuss why this requirement often slips through the cracks for busy business owners and how staying compliant helps protect your business and its operations.

If you own or manage a Minnesota business, this is an important reminder to stay on track. Follow the show for more business and estate planning insights, and take action now to make sure your entity remains active and in good standing.