Minnesota Small Business Guide: How to Start and Run a Business in Minnesota 

Are you a business owner in Minnesota? Or, maybe you’re considering launching your next venture in the North Star State? Then you’ve come to the right place! Here you’ll find guidance on how to start a business, fund your business, operate your business, hire employees, file for taxes, stay compliant in your state, and more. 

Bookmark this page and keep checking back to track new legislation and developments in Minnesota that may affect your company. Now, let’s dive in!

How to register your business in the state of Minnesota 

First thing is first: Here is how you register your new business in Minnesota.

Find funding for your Minnesota-based business

Every business, whether new or established, requires funding. Luckily, there are business loans and grants specifically designed for Minnesota-based businesses. Check out the Minnesota business funding page to find a loan or grant that’s a fit for your company. 

How to file and pay business taxes in Minnesota 

Navigating the tax landscape can be complex—especially for busy business owners. Here is an up-to-date tax guide for Minnesota businesses

Managing employees in Minnesota

  • Are you calculating employee paychecks? Use this Minnesota salary paycheck calculator to determine withholdings and calculate take-home pay for your employees in Minnesota. (We do the math for you.)
Minimum wage in MinnesotaSUI tax rate in MinnesotaMinnesota DOL website
$8.63 per hour if the company has gross revenue less than $500,000; $10.59 per hour if gross revenue is $500,000 or more

Same as above for tipped employees
New employer tax rate: varies

Tax rate range: 0.1% – 8.9%

Wage base: $40,000
Department of Labor
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