Start a Business in Idaho
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LLC, C-Corp, or S-Corp?
Choose which one is right for you.
Limiting Your Liability
Do you need liability insurance, limited liability protection, or both?
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This guide on starting your business in Idaho provides step-by-step instructions on the paperwork to file formation documents, obtain tax IDs, and set up company records.
Step-By-Step Startup
Below is an overview of the paperwork, cost, and time to form each of the most popular business structures. Simply click on the link for your desired structure to view detailed step-by-step instructions.
- If you have not decided whether you want to form an LLC, corporation, or other business structure, click here.
- If wish to form your business in a different state than Idaho, click here.
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Idaho Limited Liability Company Click for step-by-step instructions |
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Idaho Corporation Click for step-by-step instructions |
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Idaho Nonprofit Click for step-by-step instructions |
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Top 5 Tips on Registering a Business in Idaho
- All Idaho LLCs and corporations must appoint a registered agent. This individual or company receives legal documents for the business. For plumbers, consultants, and other professions that are regularly out-of-office, plan for the annual expense of hiring help.
- Your business name must include one of the permissible corporate suffixes. We'll explain your options for your business structure.
- It's kind of hilarious that Idaho charges a surcharge if your formation documents are not typed. I guess they got sick of sloppy handwriting. If you type your documents, you can save $20.
- Most businesses will need to file online at the Idaho Business Registration System and Permit/Account Application. This will register your corporation with the Idaho Department of Labor, the Idaho State Tax Commission, and the Idaho Industrial Commission.
- Idaho is the easiest state to file your annual report and it is free. You'll get a postcard reminder and a PIN. If you fail to file after 60 days late, the secretary may dissolve or revoke your business. It's free an easy, just make sure to tend to it promptly when you get your reminder card.
