| A corporation can be formed in Minnesota for any | | | | other business entity registered or reserved to |
| legal business activity. One of the major benefits | | | | be registered in Minnesota, except in certain cases |
| of incorporating a business in Minnesota is | | | | that are mentioned under state law. |
| protection of the business owner's personal | | | | The business name may not imply or contain any |
| assets via liability protection. When a business is | | | | language that implies or states that it is organized |
| incorporated it is protected from contract liability | | | | for any other purpose other than the purpose |
| as well as tort. Other benefits include reduction in | | | | permitted by state law as well as its articles of |
| taxes, establishing credibility with clients, reduced | | | | incorporation. |
| odds of an audit and improved financial flexibility. | | | | The business name must necessarily contain one |
| How to Form a Corporation in Minnesota | | | | or more of ( or the contracted form of) the |
| Before incorporating a business in Minnesota, the | | | | following words- "Incorporated', Corporation", |
| business owner has to file the articles of | | | | "Company" or "Limited". |
| incorporation with the Minnesota Secretary of | | | | Hiring a Business Lawyer to Form a Corporation in |
| State. Minnesota law requires the following | | | | Minnesota |
| information to be included in the articles of | | | | Hiring a Minnesota business lawyer to assist you |
| incorporation- the registered office information, | | | | incorporate your business can help avert a whole |
| incorporated information and the number of | | | | of legalities and other issues that are inevitable |
| shares authorized. | | | | when forming a corporation. A Minnesota business |
| One of the first steps of incorporating a business | | | | lawyer will also give you the best advice on |
| in Minnesota is to choose a corporate name. The | | | | incorporating your business, based on your unique |
| stipulations involved in choosing a name for your | | | | needs and can also advice you on issues relating |
| business include: | | | | to taxation, hiring employees and any other legal |
| The business name must be written in English | | | | matters, which in the long run this could save you |
| characters or letters. | | | | a lot of time and trouble. |
| The business name must be distinct from any | | | | |