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To start a corporation in Montana, you must file Articles of Incorporation with the Secretary of State. You can file the document online. The Articles of Incorporation cost $35 to file. Once processed by the state, this document formally creates your Montana corporation.
Here are the main benefits that a Montana LLC has: Limited Liability ? The personal assets of the owner, also known as a member, will be protected in case the LLC ends up incurring debts and obligations.
Montana LLC Formation Filing Fee: $35 It normally takes five days for the state to process your formation paperwork after they receive it, but the state also offers expedited processing for an added fee: 24-hour expedited state processing: $90. 1-hour expedited state processing: $170.
Limited Liability: One of the greatest advantages of forming a Montana LLC is ?personal liability protection?. As an owner of an LLC, you will not be held under personal liability for any debts of that LLC. The creditors of LLC will not be able to touch your personal assets including car, property, bank accounts etc.
Step 1: Name Your Montana LLC. ... Step 2: Choose a Registered Agent. ... Step 3: File the Montana LLC Articles of Organization. ... Step 4: Create an Operating Agreement. ... Step 5: File Form 2553 to Elect Montana S Corp Tax Designation.