Tag Archive llc

ByJohn

Registering a LLC In MN

Instructions and Making Sure it Actually Provides Protection

  • Create an Online Account with the MN Secretary of state
    https://mblsportal.sos.state.mn.us/Account/Register
    ack dumb list plug in. I’ll make that a link shortly

  • Pick A Name

    Minnesota Secretary of State website should have a search for names that are already in use. You can we use names as long as it’s not in the same industry

    the rule for same industry simar is could the average rational adult confuse the two. if any doubt in your mind exists its probably best to brainstorm a new name

    https://www.sos.state.mn.us/business-liens/start-a-business/types-of-minnesota-businesses/

  • Register with the state in Minnesota the fee is something like 150

  • Assign a registered agent or pay for it as a service. registered agent is essentially who’s there to sign for official notices like say your company should get served. Think of it as a point of contact it can be a PO box but it might be better to have a company manage this for you

  • Run an announcement for two consecutive issues in a local legal newspaper

  • If your soon to be LLC is more than a party of one (person)

    divide up duties responsibilities and pay out percentages in writing. having it notarized wouldn’t be a bad idea

  • Make a inventory of assets. Include serial numbers and values, if personal property is being transfered type up a sheet with what is and its value. This should come in handy for insurance as well

  • Llc protection fails if the division of entities isn’t readily apparent. Aka if that crew cab truck is used every time you both take the kids and pick them up from soccer practice you might have a problem

Right now a lot of my posts on paulmarwuethrich.com are from author vengeancetech which doesn’t help with the division of entities. the same time I haven’t registered an llc yet.

With police turning a blind eye or preventing reports of felony level theft while allowing attempted murder via physical assault and continuing via poisioning its less likely I will ever file an LLC then be a murder victim recorded as a suicide. A week ago trying to file a police report with the Hennepin County the Hennepin County dispatch i instead received a call back from local police who wanted to put me an emergency medical hold. Murder soda at its finest