Incorporate in Idaho (ID)
Learn the basic facts about Idaho corporations and Idaho limited liability companies (LLCs). Compare the differences between Idaho corporations and Idaho LLCs and learn about Idaho rules and regulations that relate to forming a corporation or LLC.
Forming a Idaho Corporation or Limited Liability Company (LLC)
There are a number of business entity types to consider when you are deciding the structure of your Idaho business. The most advantageous entities to form in Idaho are typically corporations or LLCs. Although other entity options are possible, these are the entities that offer the highest level of liability protection in Idaho. As you review the characteristics of incorporating or forming an LLC in Idaho, be sure to keep in mind both the present and future needs of your business. Often, when you start a business it begins as a small organization.
Get Started
If you decide that a Idaho corporation or LLC is the best option for your business, BizFilings will form your company in Idaho, faster than anyone else, without costly legal fees. Our cost-saving offerings include:
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$115 + State Fees |
$250 + State Fees |
$350 + State Fees |
- Preparation and Filing of Formation Documents
- Preliminary Name Check with State
- Free Registered Agent Service for 6 months
- BizComply Online Compliance Tool
- 24/7 Access to Online Corporate Status Center
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- Everything included with the Basic Package
- Expedited Processing Service
- Corporate Kit & Seal
- Corporate Forms CD
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- Everything included with the Standard Package
- Tax ID (EIN) Number Obtainment
- Compliance DVD
- Certified Copy of State Filed Documents
- Overnight Shipping
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State Fees Apply
Each state charges filing fees that apply separately from BizFilings' package pricing. These fees will be reflected when you generate a Fast Quote using any of the links above. You can also view our list of fees by state.
Incorporating in Idaho
Idaho Corporate Name Endings
Idaho Corporation Requirements
Idaho Corporate Taxes and Fees
Idaho Business License Requirements
Idaho Corporate Name Endings
The name must contain the word "Corporation," "Company," "Incorporated," "Limited," or an abbreviation thereof, provided that if "Company" or "Co." is used, it may not be immediately preceded by the word "and" or the symbol "&." The name may not contain any word or phrase indicating or implying the corporation is organized for any purpose other than one or more of the purposes contained in its articles of incorporation. The name may not be the same as or deceptively similar to that of a domestic corporation or a qualified foreign corporation or a reserved name, with qualified exceptions.
Idaho Corporation Requirements
Director Information
Minimum Number: One or more.
Residence Requirements: No provision.
Age Requirements: None.
Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares or par value does not affect initial filing fees.
Corporate Records
A corporation must keep minutes, a record of shareholders and records of account, at its registered office.
Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://tax.idaho.gov.
S Corporation
S Corporation status is recognized by the State of Idaho. A separate state election from the federal election is not required.
License Requirements
Idaho requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Form a Limited Liability Company (LLC) in Idaho
Idaho LLC Name Endings
Idaho LLC Requirements
Idaho LLC Taxes and Fees
Idaho Business License Requirements
LLC Name Endings
The name of a LLC must end with "Limited Liability Company," "Limited Company," "Ltd. Co.," "L.C.," "LC," "LLC," or "L.L.C."
Idaho LLC Requirements
Member/Manager Information
Minimum Number: one or more
Residence Requirements: no provision
Age Requirements: no provision.
Members/Managers are required to be listed on the formation documents
Idaho Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://tax.idaho.gov.
License Requirements
Idaho requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Registered Agents in Idaho
Idaho corporations and LLCs are required to have a registered agent located in Idaho. The Idaho registered agent is responsible for receiving important legal and tax documents including service of process (litigation) documents, franchise tax forms, and annual report forms.
A Idaho registered agent is an individual or company located at a street address in Idaho. Post office boxes are not acceptable addresses for a registered agent in Idaho.
If a company, such as BizFilings, is acting as your registered agent they must be registered as a corporation in Idaho. There are a number of advantages to using a registered agent service provider in Idaho, but the advantages differ between large and small companies.
Large companies in Idaho benefit by having service of process and state documents send to their registered agent's office in Idaho. The registered agent follows delivery instructions to ensure that important documents reach the correct individual. Smaller companies in Idaho benefit by providing a consistent Idaho address.
Another advantage to using another company as your Idaho registered agent is that the information of your Idaho registered agent is public record.
Learn how to select BizFilings as your registered agent in Idaho.
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