Idaho LLC Requirements

Each state has different requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation.

Cost to form an Idaho LLC

At BizFilings, we clearly outline our fees and the Idaho state fees. When you view our pricing to form an LLC you plainly see:

• BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
• State fee for standard turn-around. Our pricing clearly shows the state fee to form an LLC in Idaho with standard turn-around.
• Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
• Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Certificate of Organization.

LLC name

The name of a LLC must end with "Limited Liability Company," "Limited Company," "Ltd. Co.," "L.C.," "LC," "LLC" or "L.L.C." It may not contain any word or phrase indicating or implying the LLC is organized for any purpose other than one or more of the purposes contained in its Certificate of Organization. It may not be the same as or deceptively similar to that of a domestic or a qualified foreign LLC or a reserved name, with qualified exceptions. The words "Engineer" and "Survey" require approval by the state's engineering board.

Member/Manager information

The following are Idaho’s requirements for the members/managers of LLCs:

• Minimum number. LLCs must have one or more members/managers.
• Residence requirements. Idaho does not have a provision specifying where directors must reside.
• Age requirements. Idaho does not have age requirements.
• Inclusion in the Certificate of Organization. Member/Manager names and addresses are required to be listed in the Certificate of Organization.

Requirements for the Certificate of Organization

The document required to form an LLC in Idaho is called the Certificate of Organization. The information required in the formation document varies by state. Idaho's requirements include:

• Registered agent. LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in Idaho. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.

Idaho allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability companies (PLLCs)..

After forming a limited liability company (LLC) , you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for Idaho LLCs.

LLC taxes and fees

The following are taxation requirements and ongoing fees for Idaho LLCs:

• Annual report. Idaho requires LLCs to file an annual report before the end of anniversary month of the incorporation date. There is no annual report fee.
• Taxes. For complete details on state taxes for Idaho LLCs, visit Business Owner's Toolkit  or the State of Idaho .
• Federal tax identification number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
• State tax identification number. Idaho does not require a state tax identification number.

Business licenses

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

Additional Idaho information

View the following additional resources BizFilings has for forming and maintaining companies in Idaho:

• Idaho Corporation Formation