Start your bus company.Get your authority and insurance.
Our office forms your company in any state, files your USDOT number, passenger carrier authority, BOC-3 and UCR, and our agency quotes the high-limit coverage that charter and motorcoach work requires.
Reviewed by Orkun Ozkaymak, CPA, MBAClients in all 50 states and abroad
How to start a bus company
- 1
Form your company and get an EIN
Our office forms your LLC or corporation in the state where you form and gets your EIN, so buses, authority and insurance are in the company name.
- 2
Apply for USDOT and passenger authority
Our office prepares your FMCSA passenger carrier application. You complete the identity check in Motus yourself. The FMCSA fee is $300 per authority.
- 3
Bind insurance and file the BOC-3
Buses seating 16 or more passengers need at least $5,000,000 in liability. Our agency quotes it and files proof with FMCSA, and our office files your BOC-3.
- 4
Register for UCR and set up safety
Our office files your UCR. Your drivers need a CDL with a passenger endorsement, and you must join a drug and alcohol testing program before the new entrant safety audit.
- 5
Register buses and keep books
Register each bus in your base state, with IRP plates for qualifying interstate coaches. Our office keeps your books in QuickBooks Online, runs payroll and files your income tax returns.
What our office files for you.Prices shown before you send.
Pick what you need on the request form. Ozfield's fees are shown here; government fees are passed through at cost.
- Passenger carrier authority (MC) with USDOT numberFor trips that cross state lines. Includes your USDOT number.$270plus the $300 FMCSA fee
- USDOT numberFor carriers that stay in their home state or haul only their own goods.$135
- BOC-3 process agent filingOne time. Names a process agent in every state, which FMCSA requires before your authority goes active.$59
- UCR registrationYearly. The government fee depends on how many vehicles you run.$83 per yearplus the UCR fee, from $55 by fleet size
- City of Chicago business license IllinoisThe city fee is $500 or $1,000 for 2 years depending on the license type, paid to the city.$179
- Payroll and state unemployment setupPayroll accounts, state unemployment registration and your first payroll.Quoted by our office
Coverage in place on day one.Quoted by our agency.
Check the coverage you want on the request form and our insurance team sends quotes from multiple carriers. Nothing is bound without your OK.
- Commercial auto liability
- Physical damage
- General liability
- Workers' compensation
The filings that come every year.
Our office keeps these on your calendar so nothing is missed. How we work with bus and motorcoach operators →
IFTA returns
Jan 31 · Apr 30 · Jul 31 · Oct 31. Fuel tax by jurisdiction for the prior quarter.
Form 4136
With your return. Federal fuel tax credit for qualifying bus use.
UCR registration
Before January 1. Annual registration for interstate passenger carriers.
Form 941 and state payroll
Quarterly. Withholding and unemployment for drivers.
What new owners ask us.
Something else on your mind? Call 773-536-9272 and our office will help, in English or Turkish.
How much insurance does a charter bus company need?
What is the new entrant safety audit?
Do my drivers need a CDL?
Do I need state or city licenses for a bus company?
Ready to start your bus company?
Answer a few questions, see your estimate and send it to our office.