Contact: Terri McCoy, 406-444-2807
McCulloch Announces Another Year of Record Online Filings for Annual Reports;
Online Filings Continue to Save Time and Money for Businesses/Government
HELENA, MT – Secretary of State Linda McCulloch on Tuesday announced that for the fourth straight year, a record number of businesses have filed their Annual Reports online – saving valuable time, money and resources for businesses and state government.
Early in her term, Secretary McCulloch prioritized the improvement of online services to reduce office spending and provide customers more convenient options for conducting business with the state. The Annual Reports, which are required by Montana law, allow Corporations and Limited Liability Companies to continue operating legally in the state.
“I’m always looking for ways to cut costs without cutting corners,” Secretary McCulloch said. “Online filing is another way for both businesses and my office to reduce waste, while maintaining quality customer service.”
Nearly 100,000 businesses filed their Annual Report online in 2012, which is a steady increase over the previous record of 97,000 in 2011. The increase in online filings follows the 2009 launch of Secretary McCulloch’s electronic alert system, which reminds business owners of both the deadline for filing the legally required financial report and the benefits of doing so online.
Montana law requires Foreign and Domestic Corporations and Limited Liability Companies to file an annual financial report with the Secretary of State’s Office. Businesses that fail to file the report on an annual basis lose the authority to legally operate in Montana.