AS OF JAN. 2024 NEW FEDERAL REQUIREMENTS SEE FEDERAL LINKS AREA BELOW
MONTANA LLC REGISTRATION 2024 HOW TO DO IT...
Free advise on how to register and insure your car in Montana. Feel free to read the areas setup to help educate yourself by clicking the links set here.
Simple steps to use to setup your LLC and insure your vehicle. This is coming from a person who has done it before and has 7+ years with it. I set this site up to help others and show them at no charge. Do yourself a favor switch to Montana plates. Montana insurance, Montana is the way to go to save $.
Montana LLC filed with articles and company address:
1st year cost: $960
Each year following: $140
Montana registration fees yearly:
Passenger Cars, Light Weight Trucks*, SUV’s Base Registration Fees
○New to four years old $290.73
○Five to nine years old $156.83
○Ten years old or older $ 96.06
○Eleven years or older can be permanently registered for $157.35
*An additional $8 fee is charged if a lien is filed on a Montana Registration.
○Inspection on vehicle: NEVER
○Tax:NONE on new or used purchase!
Insurance prices: (EXAMPLE ON VERIFIED PORSCHE OWNER)
○New York 12 MONTHS : $3460.03
○Montana same coverage 12 MONTHS: $804.00
It's all legal.Below is the link to start the process.
Two simple steps.Contact the link below, pay the requirements which are all emailed to you, pick a *Montana LLC name. Included they will send you a Fedex packet for you to sign and notarized and send back with title. Simple painless actually.
(Then you will get temp plates in about 72 hours max. Real plates come in 6 weeks directly to you.)
Simultaneously contact Steve Ludwig and get a quote on insurance.
Process:
●STEP 1
Montana LLC, Registration click below:https://www.dirtlegal.com/?aff=158
●STEP 2 Insurance
Steve Ludwig: Selectinsurancegroup@gmail.comCell: 314-368-9125Direct Office: 636-410-6219 or 855-438-7353 Ext. 101
You can always just call Steve and check the price on the insurance to verify savings before going through the process being you know already the LLC/Registration costs posted.
*Montana LLC lookup to see availability and pick a name:
https://biz.sosmt.gov/search/business
The whole process was painless and very simple. Save thousands.
MONTANA LLC BENEFITS
What are the Benefits of Montana LLC Car Registration?
Buying a car through an LLC in Montana involves certain things to do, like forming an LLC and acquiring Montana plates. There are several benefits of registering a car in Montana and getting Montana license plates. But what are the top benefits of registering a car via Montana LLC? It includes tax savings, assets and liability security, minimal licensing, and registration fees, etc.
REGISTRATION INFO
Fewer License and Registration Fees
Another great benefit of car registration through a Montana LLC is the fewer licensing and registration fees. Because buying a car can come with additional expenses of between 30$ – 300$, including title, tag, and tax fees, depending on where you live. Montana State offers car owners reasonable registration and licensing options. Meanwhile, there is a one-time, flat expense for cars aged 10-plus years. And the renewal and Montana vehicle registration fees for newer vehicles are generally much cheaper than in other states. So it can ultimately save Montana car owners significant money in the long run.
TAX SAVINGS
Sales taxes and other complaints fees can be major expenses when purchasing a car. So here, a key reason why many people register their cars in Montana is the absence of sales tax. It means that the state of Montana does not earn tax revenue from vehicle purchases. This benefit applies to standard vehicles and luxury cars, like motorhomes and RVs. And it would be best if you established an LLC in Montana to take advantage of this benefit. Once you have an LLC, you can purchase your new car under the LLC, avoid paying sales tax and personal property tax, and save a lot of money.
LIABILITY
Registering your car through an LLC allows you to enjoy liability and asset protection. So if your vehicle is involved in a mishap, your assets will be protected, as the LLC is officially and legally responsible for any financial obligation. This protection is especially important for individuals with high net worth who want to safeguard their assets in case of a lawsuit or legal claims against their vehicle. By having the car registered under the LLC, the LLC’s assets are distinct from personal assets, providing an extra layer of security and reducing the risk of losing assets in the event of legal measures against the LLC.
YOUR PRIVACY
Offers Extensive Privacy Protection
When you register your car through a Montana LLC, your name will not be listed on the Montana registration record, which ultimately prevents your name from appearing on vehicle documents with the DMV. Instead, the name of your LLC will be listed, offering you an additional layer of solitude and security for your car.
ASSET LLC
What Type of LLC is Best for Car Registration in Montana?
There are several types of LLCs like asset holding LLCs, restricted, general, and sole proprietorships. Amongst all, an asset holding LLC serves best for car registration in Montana State. It is one of the adequate types of LLC used to hold assets, such as a vehicle, and separate them from the owner’s assets.
The purpose is to protect the owner’s assets from being targeted in a lawsuit against the company. This type of LLC does not yield any revenue but is used to shelter valuable company assets from the main business entity. To establish residency in Montana and register a vehicle, an individual may determine to create a holding company in Montana, even if their primary residence is in another state.
DON'T I NEED A MONTANA ADDRESS?
Yes. That's part of what Dirt Legal does for you.
Its called a registered agent.
(https://www.dirtlegal.com/?aff=158)
You need a registered agent if you have an active company, such as an LLC.
What is a registered agent?
A registered agent, also known as a resident agent or statutory agent, is an individual or organization appointed to receive legal documents and other important notifications on behalf of a business, often at a designated business address. They serve as a point of contact for business entities, accepting all their legal papers and official correspondence and forwarding the documents to the company’s registered agent. Registered agents also ensure timely alerts about any upcoming deadlines or necessary actions.
The primary duty of a registered agent involves managing legal compliance-related documents, significant paperwork, and government correspondence for a business. This ensures that your company remains compliant with state regulations and can promptly address any legal matters that may arise.
VEHICLE INSPECTION
When motorists register a vehicle in Montana, you’re not required to undergo an emissions test, a smog test, or a safety inspection. The state doesn’t have populated areas that fall under the “non-attainment” status established by the federal government’s Clean Air Act. Therefore there is no vehicle inspections at all. Ever..
NEW FEDERAL REQUIREMENT / ADD A EIN
As of Jan 2024. This is required:
THIS PROCESS IS AFTER YOU HAVE A VALID LLC.
The Corporate Transparency Act is a new federal law from FinCEN (Financial Crimes Enforcement Network) that went into effect on January 1st, 2024 to prevent money laundering. It requires all entities (LLCs/businesses) to report Information about the people who own/control the entity.
Click below to file:
https://boiefiling.fincen.gov/
If you do not want to use your own SSN and want a EIN for your LLC, then click below for the online registration from the IRS to get your free EIN.
Click below to apply for an EIN:
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
FREQUENTLY ASKED QUESTIONS
You Asked, We Answered
WHAT IS THE SITE TO SETUP YOUR LLC
Click here:
http://tinyurl.com/Dirtlegallmontana
WHO DO I CALL TO GET MY MONTANA INSURANCE
Steve Ludwig:
Selectinsurancegroup@gmail.com
Cell: 314-368-9125 Direct
Office: 636-410-6219 or 855-438-7353 Ext. 101
HOW DO I PICK A LLC NAME?
Go here and see if the name you want to use is not being used already. If not you're good to go!
https://biz.sosmt.gov/search/business
WHAT TYPE OF VEHICLE OWNERSHIP CAN I USE?
You can have a clean title vehicle, loaned title or leased vehicle.
EASY FINANCE COMPANIES THAT WORK WITH MONTANA LLC
If your lender has a problem with loaning to your LLC, here are some lenders others have used successfully:
,
(Motor homes only)
(Charles)
Requires an Operating Agreement be part of your LLC organization.
Requires an Operating Agreement be part of your LLC organization.
(Collector Car specialists)
- Natalie Reyes