Filing a Montana LLC
Those looking to conduct business in Montana should consider the LLC structure. First and foremost, the process of forming an LLC is relatively straightforward. Additionally, LLCs can prove advantageous because they protect their owners from the business’ liabilities.
Steps To Filing a Montana LLC
Choose A Name
To begin forming a Montana LLC, the first thing you must do is choose a name. The state of Montana requires LLCs to include an indicator in their name relevant to their business structure. So, you’ll want to add something like “L.L.C.” or “Limited Liability Company” in your name. Additionally, you’ll want to make sure that the name you choose is not already in use by another company. You can do so by using our Name Availability Check Page.
Choose A Registered Agent
Once you’ve chosen a name for your Montana LLC, you’ll then need to select a registered agent. Although this position is often overlooked, the registered agent can prove to be advantageous to your business’ operations. Agents are responsible for accepting legal correspondence on behalf of the company and directing it to the proper members. You should strongly consider hiring a professional registered agent company, such as DoMyLLC.
File Articles Of Organization & Pay Filing Fees
Once new business owners have selected a name and registered agent, they can move forward filing the Articles of Organization with the Montana Secretary of State. To do so, they must pay a $70 filing fee. This document provides them critical information relevant to the business, such as whether owners will operate as a Professional LLC or Series LLC. There will also be additional information, such as:
- The name of the company
- Whether the company is at-will or term
- The mailing address of the principal office
- Name and address of the registered agent
- Name and addresses of business managers
- Who will be responsible for the company’s debts
- Description of services provided
- Signature of the individual signing the document
File Initial Report
Montana LLC owners do not need to complete an Initial Report, but should still be mindful of future annual reporting dates.
Create An Operating Agreement And Hold Meetings
Montana LLC owners will also want to draft an operating agreement to help define their corporate structure. Once in place, the company can begin holding meetings among its members.
Obtain Employer Identification Number
Owners will also want to contact the IRS to secure an Employer Identification Number so that they can file taxes and obtain a business bank account.
File State Required Annual Reports
The state of Montana requires LLCs to file an Annual Report by April 15th each year. There is a $20 fee to do so. Additionally, there is a $15 late fee if it is not filed on time. If LLCs do not submit these forms by December 1, the state will dissolve the business. You can learn more about the requirements on our Montana Annual Report page.
Ongoing Maintenance
In addition to filing annual reports, LLC owners will also need to register taxes each year and renew their licenses and permits if they wish to remain compliant and in good standing.
How DoMyLLC Can Assist With Streamlining The Process
If you are looking to form a Montana LLC, you should consider how hiring a company like DoMyLLC can help your business excel. We offer services such as:
- Name availability check
- Articles of Organization preparation
- Filing of the Articles of Organization with the Secretary of State’s office
- Sample documents, including a sample Operating Agreement, meeting notices, and meeting minutes
- Dedicated account manager
- Unlimited customer support
DoMyLLC focuses on the administrative requirements so that you can focus on growing your business. Be sure to contact us today to learn more.