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Promote:Minnesota

Invest in Minnesota

A short guide for companies expanding into Minnesota: the economy at a glance, the rules and steps to set up, and who can help, each with its source.

1. Minnesota at a glance

Currency and inflation: see the United States at a glance

2. Before you set up

The body that handles foreign investment, any one-stop route, Minnesota’s limits on foreign ownership, the zones and other rules for investors, as the guide found them.

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Investment rules across the United States: see Invest in the United States

3. Steps to set up

The main steps, in order, each with the body responsible and its official page.

Setting up in Minnesota

  1. Apply to the Secretary of State for a certificate of authority before a foreign corporation transacts business in Minnesota.Minnesota Secretary of StateOfficial page⁠ (opens in a new tab)

    Source: Minnesota Statutes, 303.06, foreign corporations⁠ (opens in a new tab) · as of November 3, 2026

  2. Register with the Department of Revenue for a tax ID number, then for sales and use tax and withholding tax as your business requires.Minnesota Department of RevenueOfficial page⁠ (opens in a new tab)

    Source: Minnesota Department of Revenue, home page and news, 2026⁠ (opens in a new tab) · as of November 3, 2026

  3. Set up quarterly unemployment insurance tax payments on taxable wages, due by the last day of the month after each quarter.Minnesota Department of Employment and Economic DevelopmentOfficial page⁠ (opens in a new tab)

    Source: Minnesota Statutes, 268.051, unemployment taxes⁠ (opens in a new tab) · as of November 3, 2026

  4. Set up quarterly paid leave premiums on taxable wages, and decide how to share the cost with employees.Minnesota Department of Employment and Economic DevelopmentEmployers pay at least half of the premiumOfficial page⁠ (opens in a new tab)

    Source: Minnesota Statutes, 268B.14, paid leave premiums⁠ (opens in a new tab) · as of November 3, 2026

Show 1 more set-up step
  1. Ask DEED about the Minnesota Investment Fund and the Job Creation Fund for your project.Minnesota Department of Employment and Economic DevelopmentOfficial page⁠ (opens in a new tab)

    Source: Minnesota Statutes, 116J.8748, Job Creation Fund⁠ (opens in a new tab) · as of November 3, 2026

Steps that apply across the United States: see Invest in the United States

4. Organizations that help investors

Start with DEED and Minnesota SBDC. Each card links to the organization’s own site.

Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets

Investment and business setup

Customs and tax

Chambers and industry associations

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5. Worth knowing

Across the United States: see Worth knowing in Invest in the United States

6. How Promote:Global helps

  • Compare the United States with other countriesSet the United States beside other countries on investment momentum, fundamentals and trade access, before site, tax and legal work.
  • Find advisors and service firmsAsk an advisory firm a scoped, paid question, or browse firms that list their own services, from legal work to logistics.
  • Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.

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Promote:Minnesota is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.

Facts read from public sources, with an editorial cut-off of November 3, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.