How to Start a Business in Montana with Form Wise
Starting a business in Montana is an exciting opportunity with many benefits, including low costs and a business-friendly regulatory environment. Whether you’re forming a Montana LLC or registering a different business structure, Form Wise is here to guide you through the process of launching and managing your Montana business with confidence.
Why Start a Business in Montana?
Montana offers several advantages for entrepreneurs. With no state sales tax, relatively low filing fees, and minimal red tape, Montana is a strategic location for starting a small business or launching a Limited Liability Company (LLC). Montana also offers scenic beauty, quality of life, and an emerging ecosystem of supportive small businesses and professionals.
Forming a Montana LLC: Step-by-Step Guide
Starting a business in Montana is an exciting opportunity with many benefits, including low costs and a business-friendly regulatory environment. Whether you’re forming a Montana LLC or registering a different business structure, Form Wise is here to guide you through the process of launching and managing your Montana business with confidence.
1. Choose a Name for Your Montana LLC
Your Montana business name must be distinguishable from existing entities registered with the Montana Secretary of State. It must also include “Limited Liability Company” or abbreviations like “LLC” or “L.L.C.”
Apply now, pick a name and we will verify the availability!
2. Appoint a Registered Agent in Montana
Montana law requires every LLC to appoint a registered agent with a physical address in Montana. The registered agent accepts legal documents on behalf of your business. Your registered agent must be available during normal business hours and must have a physical Montana address (P.O. boxes are not acceptable).
Get in touch with us and we will refer a Registered Agent!
3. File Montana Articles of Organization
To officially form your Montana LLC, file the Articles of Organization with the Montana Secretary of State. This form includes your business name, registered agent, management structure, and principal address in Montana.
You can file for a domestic LLC with Form Wise!
4. Create an Operating Agreement for Your Montana LLC
Although not required by Montana law, it is highly recommended to create an operating agreement. This internal document outlines the ownership structure, roles, and responsibilities of LLC members and managers. Having a Montana-specific operating agreement helps avoid internal conflicts and provides a clear management structure.
Contact us if you need help with your Operating Agreement
5. Apply for a Montana EIN (Employer Identification Number)
Most Montana businesses will need an Employer Identification Number (EIN) from the IRS, especially if your Montana LLC will have employees, more than one member, or elects corporate tax treatment.
Start processing your EIN online now!
6. Comply with Montana Licensing and Permits
Depending on your business type and location, you may need additional licenses or permits from Montana state agencies or your local city or county government. You can find information about licensing requirements through the Montana Department of Commerce and the Montana Department of Revenue.
7. File Montana Annual Reports
All Montana LLCs must file an annual report by April 15 each year to maintain good standing. You can file your annual report and check your status at the Montana Secretary of State’s Annual Reports page.
Need help with your Annual Filings and Reporting?
8. Understand Montana Taxes and Business Requirements
Montana does not charge a state sales tax, which is a major advantage for many business owners. However, depending on your business structure and industry, you may be responsible for other taxes including income tax, withholding tax, and unemployment insurance. Learn more about Montana’s tax obligations through the Montana Department of Revenue.
Types of Montana Business Structures
In addition to LLCs, you can also form the following Montana business structures through Form Wise:
- Montana Sole Proprietorship
- Montana General Partnership
- Montana Corporation (C Corp or S Corp)
- Montana Nonprofit Corporation
Each Montana business type has its own benefits, obligations, and legal structure. Form Wise can help you choose the best structure for your goals.
Why Choose Form Wise to Start Your Montana Business?
Form Wise specializes in helping entrepreneurs launch and grow Montana businesses with confidence. From forming your Montana LLC to staying compliant with ongoing requirements, our team provides reliable guidance, intuitive tools, and excellent support to ensure your Montana business is built for long-term success.
