How to Change a Registered Agent in Minnesota?

In Minnesota, like in almost all the other states, you need a registered agent to receive the various official documents, tax forms, and even summons that may be sent to your corporation. It’s a crucial job, which is why it’s mandatory in most states. You can’t start and run a business in Minnesota without a registered agent.

 

Who Can Be a Registered Agent in Minnesota?

Before you replace your current agent, you need to think about the replacement so you enjoy a smooth transition. For the agent you need, several requirements must be met. First of all, they can be any of the following:

  • An individual adult (at least 18 years old) who is a resident of Minnesota.
  • A business entity (such as a professional registered agent service) based in Minnesota.
  • A foreign registered agent business entity that’s authorized to do business in Minnesota.

Whether it’s an individual or a business entity, the agent must also have a Minnesota street address. This means a physical location, in which there will always be someone to receive the official documents for your corporation during business hours. It can’t be just a P.O. box.

 

Steps to Change Registered Agent

To change your registered agent in the State of Minnesota, you’ll start the process by visiting the Secretary of the State of Minnesota office to request a Change of Agent or Registered office form. 

You’ll be required to make a payment of 35 dollars alongside the documents you’ll submit. If you’ll be sending through the mail, you’ll need to write a check of 35 dollars made payable to the Minnesota “Secretary of State”. Meanwhile, if you’re submitting in person, you’ll be required to make a payment of 55 dollars. If you’re filing online you’ll need to make payment with your Credit card.

 

Info to Put In

You will be required to enter the following information:

  • Login to the portal/website.  
  • Search for the name of your LLC as it is registered with the Secretary of the State of Minnesota.
  • The complete street address, city, state, and zip code of your main business office.
  • The name and complete business or residential address of the new registered agent for your business, and its entity number if your new agent is an entity.

The form has guides and tips to help make sure you put in the exact information asked for. Just read the directions carefully and follow them exactly.

 

Submission Options

You can submit the files by mail, or in person. You’ll download and fill the form from the Office of the Secretary of State in Minnesota. The filed forms and the fee are to be mailed to the address:

Minnesota Secretary of State – Business Services

Retirement Systems of Minnesota Building

60 Empire Drive, Suite 100

St Paul, MN 55103 

You can also choose to submit the documents in person to the same address.

Keep in mind that the State of Minnesota will take between 5 to 7 working days to process the change of your agent. However, it is possible to reduce the processing time if you choose the expedited service which costs 70 dollars when filling in person, and 50 dollars if you choose to file by mail.

 

Should only Hire a Professional?

This will actually be a lot easier if you’re planning on sifting to a professional registered agent service. The best ones offer exemplary service at extremely reasonable rates. Often, you’re able to download the needed forms with pre-filled information about the service to save time and effort. Northwest Registered agent is one of the most popular companies for this job.

With professionals, you know for sure the job gets done right. They usually have online storage for all the official documents. When they receive the documents for the corporation, the service will immediately scan them so they can send you the digital copies right away. The documents will also be conveniently stored in the same online location as your other business documents, like your formation documents.

Professionals may even maintain a compliance calendar, warning you way ahead of time when you should file a report or comply with some requirement with a deadline. That means you virtually eliminate the risk that you’ll fail to comply with any sort of compliance requirement. Such a failure may lead to fines and penalties, and perhaps even to the dissolution of your corporation. Reinstating your LLC can be a huge hassle, and it’s like starting the formation process for your LLC all over again.

So, if you’re going to change your registered agent in Minnesota, you may as well do yourself a favor and switch to a good registered agent service. With the benefits you get with the low costs, you’re able to focus more on growing your business instead.