After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Montana corporations.
Montana corporations must keep the following items with their corporate records at the principal office or at a location from which the records may be recovered in two business days:
- The Articles of Incorporation and any amendments
- Minutes of director and shareholder meetings
- A list of names and business addresses of current directors and officers
- Most recent annual report
Corporate taxes and fees
The following are taxation requirements and ongoing fees for Montana corporations:
- Annual report. Montana requires corporations to file an annual report between January 1 and April 15. The filing fee is $15.
- Taxes. For complete details on state taxes for Montana corporations, visit Business Owner's Toolkit or the State of Montana.
- Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
- State tax identification number. Montana does not require a state tax identification number.
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
S corporation election
Montana recognizes the federal S corporation election and does not require a state-level S corporation election.
Additional Montana information
View the following additional resources BizFilings has for forming and maintaining companies in Montana:
Explore BizFilings' Services