Do you have the perfect name idea for a new business entity in the state of Montana, but you’re not quite ready to form your company?
Montana allows you to reserve a business name until you’re prepared for the business formation process, but how does the reservation process work and how long will the state reserve the name for you? In this guide, we’ll run down all the important details of reserving a business name in Montana.
Rocket Tip: If you’d rather officially incorporate in Montana rather than file the extra paperwork to register a business name, there are many good incorporation services that can do it for you.
How to Reserve a Business Name in Montana
The first step is to determine if your desired business name is even available in Montana to begin with. To do this, simply navigate to the Secretary of State’s business search page and enter your desired name. This will tell you if there are any existing businesses operating under the same or similar name in Montana. Once you’ve determined the availability of your desired name, you can begin the process of reserving it with the state.
It is easy to reserve a business name online or by mail. To do this, you must provide the following information about yourself and your business via the Secretary of State’s website, or by filling out a physical copy of the Application for Reservation of Name: Secretary of State P.O. Box 202801
Helena, MT 59620-2801
Whether you choose to file online or by mail, you will need to include payment of the $10 filing fee ($20 for expedited processing). Checks must be made payable to the “Secretary of State.” If you are filing by mail, you can send the form and check to the following address:
Secretary of State P.O. Box 202801 Helena, MT 59620-2801
How Long Is My Business Name Reserved For?
Upon receiving and approving your application, the Montana Secretary of State will reserve your business name for a period of 120 days. Name reservations cannot be renewed in Montana, so you will need to file your formation paperwork during this time, or risk losing your desired business name to someone else.
Just because you aren’t ready to form your Montana business entity doesn’t mean you can’t lock down your desired business name.
The state of Montana offers several ways to file the Application for Reservation of Name. It is generally a quick and inexpensive process. However, since name reservations cannot be renewed in Montana, you will need to make sure that you can form your business before the reservation expires.