Fact Checked by Editorial Staff
Perhaps you are hoping to form an Idaho LLC. People assume how to start an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in Idaho.
On this page, you’ll learn about the following:
Idaho LLC Cost of Filing
Here are the costs involved in forming an LLC in Idaho.
Cost of Filing Formation Certificates
The Idaho Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the Idaho Secretary of State.
Idaho Domestic LLC
- Online Filing costs $100
- Annual Report filing costs $0 (online filing)
- Name Reservation Fee costs $20
- By mail: Fill out the Application Form PDF, and submit it to the following address: Office of the Secretary of State, 450 N 4th Street, P.O. Box 83720, Boise, ID 83720-0080, costs $120
Idaho Foreign LLC
- Online Filing costs $100
- Annual Report Filing costs $0 (online filing)
- Name Reservation Fee costs $60
- By mail: Fill out the Application Form PDF, and submit it to the following address: Office of the Secretary of State, 450 N 4th Street, P.O. Box 83720, Boise, ID 83720-0080, costs $120
Visit the Official Idaho Secretary of State website to learn more about the Business Entity Filings. You can also access the File Paper Forms section on the Secretary of State website to access the forms you wish to submit via mail.
Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue in doing so.
Idaho LLC Formation Service or Registered Agent Fee
You need a registered agent to form an LLC in Idaho, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.
LLC Service | Our Rating & Pricing | Top Features | Learn More |
#1 TOP PICK  | $0 + State Fees |
| |
 |
|
Business Permits and Licenses
The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Idaho Department of Revenue for regulatory boards or agencies requiring licensing.
Idaho LLC Taxes to be Paid
Though the annual report filing in the State of Idaho is free of cost, the LLCs in the State are subject to different State Tax filing obligations. Though the taxes vary from county to county.
Idaho Sales Tax Rate
The standard rate of sales tax applicable is at the rate of 6.00% and the maximum local or county rate that applies additionally is 3.00%.
Idaho State Income Tax
This is the State Tax levied on any income you pay to yourself. The tax rate varies between 1.125% to 6.925%, depending on the total amount of taxable income.
Federal Self Employment Tax
Any profit that an Idaho LLC Business members draw out from the business is liable to pay self-employment tax. The standard tax rate is 15.3%.
Employer Payroll Tax Withholding
If you hire employees in Idaho, you must withhold payroll tax from their salaries. The standard rate of withholding is 7.65% of the taxable salary of the employees.
Cost Comparison Among States
Every state has different costs of filing for an LLC to their respective State Authorities. If you want to get a better understanding of the costs of opening an LLC in a different state in comparison to Idaho, read the table below:
| State | Filing Fee | Annual Fee/Biennial Fee | Sales Tax |
| Idaho LLC | $100 (online)$120 (mail) | $0 | 6% + local county rates |
| Washington LLC | $200 | $60 (annual) | 6.5% + local county rates |
| Oregon LLC | $100 | $100 (annual) | 0% |
| Nevada LLC | $425 | $350 (annual) | 4.6% + local county rates |
| Montana LLC | $70 | $20 (annual) | 0% |
The State of Idaho has seen significant economic growth in recent years. The major contributing sectors are science and technology such as computers, recreational, and innovation. Other sectors include manufacturing, energy, and food production.
Other Costs
- Idaho Name Reservation: $20 for online fillings or $40 by mail
- Doing Business As (DBA): $25 for online filling or if filing by mail
- Certified Document Copies: $10 + $0.25 per page.
- Certified of Good Standing: $10
- Business Domain Name and Website: depend on your preference, but domain name could be as low as $2.99/yr at NameCheap, and web hosting is at least $30/mo at Kinsta.
- Online workspace: at least $4.20/mo for GSuite.
- Business Insurance: would vary depending on insurance type–whether general liability insurance or professional liability insurance–and coverage.
- Dissolution of Idaho LLC: $235
F.A.Qs
It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.
It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.
The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.
How Much Does It Cost to Maintain an LLC in Idaho
To maintain an LLC in Idaho you do not need to pay an annual fee. However, state income tax at 1.125% to 6.925%, sales tax and federal taxes are levied.
One of the primary costs associated with running an LLC in Idaho is the initial filing fee. When forming an LLC, you will need to file articles of organization with the Idaho Secretary of State. The filing fee varies depending on the state, but you can expect to pay a few hundred dollars to officially register your company. This fee is a one-time cost and typically covers the administrative processing required to get your LLC up and running.
In addition to the initial filing fee, LLCs in Idaho are also required to pay an annual report fee. This fee must be submitted to the Secretary of State’s office every year to maintain the active status of your LLC. Failure to file an annual report can result in penalties or even dissolution of your company. Therefore, it is important to budget for this expense each year to ensure your LLC stays in good standing.
Another cost to consider when maintaining an LLC in Idaho is the fee for a registered agent. A registered agent is an individual or entity designated to receive official documents on behalf of your LLC. While you can serve as your own registered agent, many business owners choose to hire a professional registered agent service to handle this responsibility. The cost of a registered agent service varies but is typically a manageable expense for most LLC owners.
Beyond these essential costs, there may be other fees and expenses associated with running an LLC in Idaho. For example, if you decide to expand your business or add additional members to your LLC, there may be additional filing fees to consider. It is essential to stay informed about the requirements and regulations in Idaho to avoid any surprises when it comes to running your LLC.
While the costs of maintaining an LLC in Idaho are essential to consider, they are relatively minimal compared to the benefits of operating as a limited liability company. One of the primary reasons business owners choose to form an LLC is for the liability protection it offers. By establishing your business as an LLC, you can separate your personal assets from those of the company, limiting your personal liability in the event of a lawsuit or bankruptcy.
In conclusion, the costs associated with maintaining an LLC in Idaho are a necessary part of doing business. By understanding and budgeting for these expenses, you can ensure that your LLC remains in compliance with state regulations and continues to operate successfully. While there may be financial considerations to keep in mind, the benefits of operating as an LLC often outweigh the costs, making it a popular choice for many business owners in Idaho and beyond.
In Conclusion
The cost of Idaho is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the price of professional LLC services and choose the most affordable one.