How do you start a business in Montana?

How much does it cost to register a business in Montana?

Filing the Montana Articles of Organization costs $70 and will take 7-10 business days to process—unless you pay an additional $20 (24 hours) or $100 (1 hour) for expedited processing.

How do I start a business in Montana?

How to Start a Business in Montana

  1. Choose a Business Idea. Take some time to explore and research ideas for your business. …
  2. Decide on a Legal Structure. …
  3. Choose a Name. …
  4. Create Your Business Entity. …
  5. Apply for Licenses and Permits. …
  6. Pick a Business Location and Check Zoning. …
  7. Report and File Taxes. …
  8. Obtain Insurance.

Do I have to register my business in Montana?

Domestic and foreign corporations are required to register and file an Annual Report with the Secretary of State’s Office. There are several types of corporations; some operate for profit and others are not for profit.

What do I legally need to start a business?

Starting a business

  1. Register an Australian Business Number (ABN) …
  2. Register a business name. …
  3. Register your business for Goods and Services Tax (GST) …
  4. Apply for a business Tax File Number. …
  5. Apply for an individual Tax File Number. …
  6. Register for PAYG withholding. …
  7. Get liability insurance for your business.
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Are LLCs legal in Montana?

An LLC that actually conducts business in the pursuit of a profit is legal everywhere. You don’t even need to set it up in Montana as there are other no-sales-tax states where you can do that (Alaska, Delaware, New Hampshire, Oregon). But Montana promotes the setting up of shell LLCs simply to avoid paying sales taxes.

How much does it cost to start an LLC in Montana?

The cost to start a Montana limited liability company (LLC) is $70. This fee is paid to the Montana Secretary of State when filing the LLC’s Articles of Organization.

How are LLC taxed in Montana?

Some states impose a separate tax or fee on LLCs for the privilege of doing business in the state. … In Montana, the corporate tax generally is calculated at a flat 6.75% of net income earned in Montana (there are also other ways of calculating the tax). If your LLC is taxed as a corporation you’ll need to pay this tax.

How do I get an EIN number in Montana?

You may also contact the Office of Student Engagement at clubs@montana.edu.

  1. Go to the IRS’ Apply for an Employer Identification Number (EIN) online website.
  2. Click the APPLY for an EIN Online link.
  3. Click the Apply Online Now button.
  4. Once you have read the instructions on the page, click the Begin Application button.

How do I open a restaurant in Montana?

Steps to Starting a Business in Montana

  1. Step 1: Choose a Business Idea. …
  2. Step 2: Write a Business Plan. …
  3. Step 3: Select a Business Entity. …
  4. Step 4: Register a Business Name. …
  5. Step 5: Get an EIN. …
  6. Step 6: Open a Business Bank Account. …
  7. Step 7: Apply for Business Licenses & Permits. …
  8. Step 8: Find Financing.
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