Once you have formed your Montana LLC, you must stay on top of your state’s filing deadlines in order to stay in good standing and avoid unnecessary fines or penalties.
This article answers the following questions for a Montana LLC:
What Is an Annual Report?
In Montana, an annual report is a regular filing that your LLC must complete every year to update your business information, including:
- Company address
- Registered agent name and address
- Names and addresses of LLC principals (i.e., members or managers)
The purpose of this report is to keep your business records up to date with the State of Montana. This allows creditors and other interested parties to look up your business address in case they need to contact you. The government uses this information to track the payment of your LLC state taxes.
How Do I File an Annual Report?
You can file your Montana LLC annual report through the Secretary of State website. You will need an ePass account in order to complete the filing process.
File Your Montana Annual Report
File Online With the Montana Secretary of State
Due Date: Montana LLC annual reports are due by April 15 every year.
Late Filings: Any annual report received after April 15 will result in a $15 late fee and the state will revoke your good standing status. Further failure to file an annual report could result in the dissolution of your Montana LLC.
Should I Use a Registered Agent Service?
A registered agent is a person or business nominated by your company to officially receive and send papers on your behalf. By using a registered agent service, you can ensure that your LLC's reports are always filed on time to the appropriate government agency. Here are the three main advantages to using a registered agent service for your LLC:
- Avoid late filing penalties: The Secretary of State can dissolve a Montana LLC if it does not file an annual report. A registered agent service will notify you when reports are due, and they can also submit the filing for you for an additional fee.
- Gain flexibility: A registered agent service can receive and send documents for your LLC during regular business hours so that you don’t have to be on the job from 9 a.m. to 5 p.m. every week. You can also use a registered agent service to form an LLC in other states where you don't already have an established business presence.
- Maintain privacy: Using a registered agent service allows you to keep your personal address off of public records, ensuring your privacy. Additionally, if someone sues your LLC, the lawsuit will be served to the registered agent’s address rather than your place of business.
Learn more about getting a Montana registered agent by reading our guide.