To form an LLC in Montana, choose a name, select a registered agent, and file articles of organization. You will also need to pay a $70 filing fee.
As an LLC, your business debts and taxes are separate from your personal assets, offering liability protection. Profits and losses are reported on the owners’ tax returns.
To stay compliant, file annual reports, keep your registered agent updated, and maintain records.
Benefits of an LLC
Forming an LLC makes it easier to open business bank accounts, hire employees, and enter contracts. While not required, having a clear business plan can guide decisions for your new LLC. After forming, you can change the LLC’s name or structure if needed.
Considerations for LLCs
- Tax implications: Montana LLCs are pass-through entities so profits/losses are reported on owners’ tax returns.
- Professional LLC: A professional LLC (PLLC) requires at least one approved member to perform professional services.
- Single-member LLC: Montana allows single-member LLCs with just one owner.
Filing Time
The general filing time for Montana LLCs is 7 – 10 business days—unless you pay an additional $20 (24 hours) or $100 (1 hour) for expedited processing.
Follow the right steps to start your Montana LLC with confidence.