Board logo

subject: Doing Business in Minnesota [print this page]


Doing Business in Minnesota
Doing Business in Minnesota

Retailers as well as wholesalers who are considering doing business in the Minnesota state are usually encouraged to register. This can be done by means of online registration on the state's website. Registration facilitates the free flow of business bidding, tenders and transactions. Registered retailers and wholesalers are sometimes sent bid invitations and/or proposal requests. The business registration process for each entity is dependent on the structure of the business as well as the contract's nature. However, each entity contracting with the state of Minnesota is required to follow the business registration requirements of the Secretary of State office in Minnesota.

Minnesota Business Requirements

Entities which sell a product or service that is exposed to a sales tax, must be registered with Minnesota's Department of Revenue. This registration is required to facilitate the collection of sales tax. Sales taxes are paid to the Department of Revenue by State agencies my means of a direct pay Permit.

It is a requirement for contractors and subcontractors to provide the State with information about their payroll by means of an email. The Prevailing Wage Payroll Information Form must be completed using Microsoft Excel while the Statement of Compliance must be in Adobe PDF . The period for the furnishing of these forms should not exceed 14 days after the ending of each pay period. The prevailing wage payroll form can be found on the State's website.

Wholesalers and retailers are required to provide certification to show that they have complied with the Immigration Reform and Control Act. They are also required to provide proof of that they use the E-verify system which was launched by the Homeland and Security Department.

Wholesalers and retailers who wish to bid on a purchase or contracts that exceed $100,000, and has had more than 40 workers in Minnesota in a single day of the past, are required to submit an application for a Certificate of Compliance. This certificate may be obtained from the Minnesota Department of Human Rights. If this application is not approved by the Commissioner of Human Rights, then the state will not be able to accept any bid or proposal that exceeds $100,000.00, regardless of whether it is a purchase or contract.

In cases where there are less than 40 workers in the company's office in Minnesotta, but there are more than 40 where their main business place is located, the company is required to prove that the business has complied with the affirmative action requirements of the State.




welcome to loan (http://www.yloan.com/) Powered by Discuz! 5.5.0