Foreign Limited Liability Partnership Statement of Qualification - Minnesota

Foreign Limited Liability Partnership Statement of Qualification is a legal document that was released by the Minnesota Secretary of State - a government authority operating within Minnesota.

FAQ

Q: What is a Foreign Limited Liability Partnership in Minnesota?
A: A Foreign Limited Liability Partnership in Minnesota is a partnership organized in another state or country that wishes to do business in Minnesota.

Q: What is a Statement of Qualification?
A: A Statement of Qualification is a document filed with the state of Minnesota to register a Foreign Limited Liability Partnership.

Q: What information is required in a Statement of Qualification?
A: A Statement of Qualification typically includes the name and address of the partnership, the state or country of organization, and the name and address of the partnership's registered agent in Minnesota.

Q: How much does it cost to file a Statement of Qualification?
A: The filing fee for a Statement of Qualification in Minnesota is $160.

Q: Is it mandatory to file a Statement of Qualification?
A: Yes, it is mandatory for a Foreign Limited Liability Partnership to file a Statement of Qualification in order to legally do business in Minnesota.

Q: Are there any annual reporting requirements for a Foreign Limited Liability Partnership in Minnesota?
A: Yes, a Foreign Limited Liability Partnership is required to file an annual renewal, along with a $85 fee, with the Minnesota Secretary of State.

Q: What happens if a Foreign Limited Liability Partnership fails to file the required annual renewal?
A: If a Foreign Limited Liability Partnership fails to file the annual renewal, its registration may be revoked or administratively dissolved by the Minnesota Secretary of State.

Q: Can a Foreign Limited Liability Partnership change its registered agent or address?
A: Yes, a Foreign Limited Liability Partnership can file a Statement of Change of Registered Office or Registered Agent with the Minnesota Secretary of State to update its registered agent or address.