You must fulfill specific conditions in order to be a registered agent in Minnesota. You must be a citizen of Minnesota or an organization with commercial permission to operate there. In Minnesota, you also need to have an actual street address where you can receive official paperwork. Finally, you must be accessible to receive critical documents on behalf of the company you are representing during regular business hours.
If you satisfy these conditions, you can choose either another person or organization—or yourself—as the registered agent for your company. If you decide to name a different entity, it needs to be registered and permitted to conduct business in Minnesota. How to Obtain Organizational Articles in Minnesota
In Minnesota, you must submit Articles of Organization to the Secretary of State if you are launching a new company. The Articles of Organization document contains fundamental details about your firm, including its name, its goals, and the names and addresses of its registered agents.
You can submit a paper form or file articles of organization online in Minnesota. The filing price is $135 for online submissions and $155 for paper submissions. Your company will be formally registered with the state once your articles of organization have been approved. Can an LLC?
Have a DBA?
In Minnesota, an LLC is permitted to use a DBA (doing business as) name. A DBA name is a name that differs from your company’s legal name. As an illustration, if the legal name of your LLC is “John Smith Enterprises, LLC,” your DBA name may be “Smith’s Consulting Services.” A Certificate of Assumed Name must be filed with the Secretary of State in Minnesota in order to register a DBA name.
Do DBAs Require Their Own Bank Accounts?
No, a separate bank account is not necessary in Minnesota for a DBA name. Simply said, a DBA name is a separate name that your company employs for branding. To readily track income and expenses for each distinct business activity, it is advised to maintain separate accounting records for each DBA name.
Can Two Businesses Use the Same DBA Name?
Minnesota law prohibits two companies from using the same DBA name. You must conduct a name search before registering a DBA name with the Secretary of State to make sure the name is not currently in use. You must select an alternative name for your DBA if it is being used by another company.
Having a physical address in the state and being accessible during regular business hours are two prerequisites for being a registered agent in Minnesota. You must submit Articles of Organization to the Minnesota Secretary of State in order to register a new company, and you can also register a DBA name for your LLC. Keep in mind that in Minnesota, firms cannot use the same DBA name. Additionally, a DBA name does not necessitate a separate bank account. You can properly register your company and carry out your registered agent obligations in Minnesota by adhering to these rules.