Minnesota business filings surge in 2024

In Minnesota, 2024 was a big year for business. Here’s a look at some of the Minnesota Secretary of State filing data from last year:
• Total business filings increased 27.9% since 2019, reaching 597,077 in 2024.
• Online filings dominated, making up 94% of total filings (563,347 online, 24,101 by mail, 9,629 in person).
• New entity filings grew 36.6% since 2019.
The most popular entity type was the Minnesota Limited Liability Company (LLC) with 59,964 filings.