New shareholder

Notify us about new shareholders. We need to update this information on your license.

Definition

Use this application when:

  • A new shareholder purchases shares in your company.
  • Your business keeps the original license and assets.
  • Your business continues regular operations.

What to know

Requirements

  • The applications include the required State of Minnesota information.
  • Publicly traded corporations do not need to complete this information.

Application

See new shareholder application

Fee

There is a $500 fee for this application.

Submit your application

Submit your application to Business Licenses

Contact us

Business Licenses & Consumer Services

Address

Public Service Building
505 Fourth Ave. S., Room 220
Minneapolis, MN 55415

Office hours
8 a.m. – 4 p.m.
Monday – Thursday

9 a.m. – 4 p.m.
Friday

Minneapolis 311

Phone

311 or 612-673-3000

Relay service

612-673-3000

Hours

7 a.m. – 7 p.m.
Monday – Friday

See list of City holidays