In Idaho, the cost of forming an LLC (limited liability corporation) online is $100. When submitting the LLC’s Certificate of Organization, this fee is paid to the Idaho Secretary of State.
How Much Does an LLC in Idaho Cost?
Fee for Idaho LLC Online Filing: $100
The major expense of forming an LLC is the $100 charge for filing your LLC’s Certificate of Organization with the Idaho Secretary of State online.
Idaho Annual Report Fee: Nothing.
LLCs in Idaho are required to submit an annual report with the Secretary of State.
Fee for Registered Agent
You may be your own registered agent in Idaho, but employing a registered agent service keeps your firm in compliance, informs you of critical filing dates, and helps you avoid late fines.
How Much Does it Cost to Form a Foreign LLC in Idaho?
If you currently have an LLC established in another state and want to expand into Idaho, you must register your LLC as a foreign LLC in Idaho.
The fee for forming an Idaho foreign LLC is $100. A foreign LLC may be registered in Idaho by submitting a Foreign Registration Statement for a Limited Liability Company.
Permits and Licenses for Businesses
Depending on your industry and geographic area, your company may need federal, state, and municipal permits/licenses to operate lawfully in Idaho. This is true regardless of whether you create an LLC or another sort of company structure.
Other Fees for Filing an LLC
There are several extra costs involved with forming an LLC:
Reservation of LLC Name: You may reserve your name for up to four months prior to the establishment of your LLC by completing an Application for Reservation of Legal Entity Name and paying the $20 filing fee.
Foreign LLC Name Registration: If a Foreign LLC’s name is not available in Idaho, they may register a new name by completing an Application for Registration of Foreign Name and paying a $60 filing fee.
To establish a name different than your official LLC company name, file a Certificate of Assumed Business Name and pay the $25 filing fee.
Certified Document Copies: Order certified copies of your Idaho business paperwork from the Secretary of State for $10 + $0.25 per page.
Certificate of Good Standing: An Idaho certificate of good standing may be obtained by contacting the Secretary of State and paying the $10 cost. Banks and lending institutions often demand a certificate of good standing.
