TERMS AND CONDITIONS
Vehicle Insurance
Before purchasing your package, please make sure you’ve arranged insurance. You can either have a new policy written in the name of your LLC, or you can add your LLC as an additionally-insured member to your current policy.
If your current insurance provider is unable to help, reach out, and we will send you a list of insurance agents.
Vehicle Financing
Lender cooperation is required to complete the registration process of a financed vehicle. If you are in the process of purchasing your vehicle, make sure it’s in the name of your Montana LLC on the MCO or title, and your lender understands the vehicle will be registered to your LLC in the state of Montana.
If you are registering a vehicle you already own (and carrying the lien over), the Lien Holder must agree that your LLC’s name will be on the title instead of your name.
Before purchasing your package, please contact your lien holder and get written approval to register your vehicle in the name of your LLC in the state of Montana.
If your bank is unable to accommodate this request, we recommend you look into refinancing.
Tax Filings
In general, if your LLC does not generate taxable income, you are unlikely to be subject to federal income tax. Similarly, unless your LLC earns income from Montana sources, you are generally not required to pay Montana income tax. For personalized guidance regarding your tax obligations, we recommend contacting your accountant, the Internal Revenue Service, or the Montana Department of Revenue. Please note that we are not certified accountants and, therefore, cannot provide tax advice.
We kindly suggest contacting the Montana Department of Revenue to confirm whether any tax-related documents are required for your Montana LLC.
Annual LLC Maintenance Fees
The annual fee for your LLC is: $905 *unless additional privacy is added, and is billed in January. Annual LLC maintenance fees are to keep your LLC active and retain LLCTLC as your Registered Agent.
This fee will be auto-debited from your payment method on file on January 1st each year.
In addition, LLCTLC will file the Annual Report for your LLC with the State of Montana, unless otherwise requested.
Vehicle Renewals
Vehicle renewals are your responsibility and due in the month they were originally registered.
These state fees become progressively cheaper based on age. If the vehicle is at least 11 years old at the time of original registration, or if it is an ATV/UTV/SXS, motorcycle, boat, or trailer, it will get permanent tags, and there will be no tag renewal fees for the vehicle.
Refund Policy
If cancellation occurs prior to your company being filed with the Montana Secretary of State, a refund will be given in full. Disclosure of payment information is consent to file the company. If cancellation occurs after the filing of your company with the Montana Secretary of State, a refund will be given, less the fees assessed to establish each LLC ($525 per LLC).
If cancellation occurs after the registration of a vehicle with the Montana Department of Motor Vehicles or aircraft with the Department of Aeronautics, no refund will be given.
*All sales are final and non-refundable after 30 days.
*Payment is considered consent to file the company with the Montana Secretary of State. All companies will be filed immediately upon payment.
Legal Disclaimer
This information is for general guidance on matters of interest only. The application and impact of laws may vary widely based on the specific facts involved and the locations of affected persons and property. Given the changing nature of laws, rules, and regulations, the inherent hazards of electronic communication, there may be delays, omissions or inaccuracies in this information. Accordingly, the information is provided with the understanding that it is provided for general information only, and the authors and publishers do not render any legal, accounting, tax, or other professional advice or services. Accordingly, the information on this Site should not be used as a substitute for consultation with professional accounting, tax, legal, or other competent advisers.