Pre-filing
Beginning August 1, the Office of Secretary of State will, for a fee of $250, conduct a review of business entity documents prior to filing. The documents will typically be reviewed in advance of complex transactions to assure filing when the transaction closing date occurs.
Conversions
Beginning August 1, a Minnesota domestic corporation or LLC can convert to a foreign corporation or LLC – or vice versa. Conversions benefit businesses and owners by providing flexibility and transparency to become other entity types without a taxable event occurring in most cases.
Minnesota – Pre-filing Document Review and Conversion