HELENA, Mont. — Montana Secretary of State Christi Jacobsen thanked Montana businesses following annual report filing season.

All limited liability companies (LLCs) and corporations (profit and nonprofit) are required by law to file an annual report to keep registration information up to date, while the business remains in active-good standing. 

Approximately 195,000 LLCs and corporations filed an annual report, roughly 87 percent of the total businesses. 

In 2022, Secretary Jacobsen cut registration fees in half for Montana businesses, while waiving several other fees entirely. The Secretary also plans to waive annual report filings for all Montana businesses in 2024.

“Increased efficiencies in our office have allowed us to lower fees for our Montana businesses, and our office is proud to make it easier to do business in Montana,” said Secretary Jacobsen. “A record number of new businesses registered with the state in 2022, highlighting the state’s pro-business landscape.”

“We continue to support and appreciate our Montana businesses and thank them for doing business in Montana,” Secretary Jacobsen continued.