Idaho LLC

What is a Idaho LLC?

A Idaho LLC is formed by filing Articles of Organization with the Office of the Secretary of State in Idaho and paying the required filing fee. A Idaho LLC is governed by its Operating Agreement, which is written and agreed upon by its members, and which lays out the management structure of the company. Each member offers a capital contribution in return for an ownership percentage.

Learn more below about the structure of a Idaho LLC and how one is formed.

Idaho LLC Requirements

  1. Articles of Organization
  2. State Filing Fee of $101
  3. A Registered Agent located in Idaho. See our service here.
  4. Beneficial Ownership Information Report filing. Report due after LLC formation starting January 1, 2024.

Idaho LLC Structure

ID Limited Liability Companies are structured legally with the Idaho Articles of Organization for Limited Liability Company. Like many states, the document for an LLC is short and simple.

  • Idaho LLC Name
  • Address
  • Registered Agent
  • Governor
  • Notification Address

Name

When choosing a name for a Idaho LLC, you must include a designation in your name. Under Idaho Code 30-21-301, the name must include “Limited Liability Company”, “Limited Company” or the abbreviation “L.L.C.”, “L.C.” or “LLC”.

Address

The complete mailing address and Principal Office will be recorded on the ID LLC Articles of Organization.

Registered Agent

A person or company can act as your Registered Agent in Wyoming. The state of Idaho requires you to have a registered agent to form, and keep open, an LLC.

Governor

The Governor of the LLC will be a member or manager, depending on the management structure of your LLC’s operating agreement.

Notification Address

An address for future correspondences will be required. This is the address where the annual report notifications will be sent.

Idaho LLC Facts
Form to File Certificate of Organization
Filing Fee $101
Agency to File With Idaho Secretary of State
Our Fee $246
Online Filing Yes
Expedite Yes ($20)
Annual Report Due Date Anniversary Month
Annual Report Fee None

How to File a Idaho LLC

Steps in forming a Idaho LLC:

  1. Choose a Name for Your LLC
    An LLC name needs to be compliant with Idaho state code 30-21-301. The law requires that your company name include the words Limited Liability Company, Limited Company, or the abbreviation LLC, L.L.C. or L.C. Your name must not already be in use by another entity. You can do a business name search to see if your name is available.
  2. Submit Certificate of Organization
    To form an LLC, you must fill out and submit a Certificate of Organization to the Idaho Secretary of State. You may submit the form by mail, in person, or online. There is a $101 filing fee.
  3. Appoint a Registered Agent
    On your Certificate of Organization, you are required to appoint an Idaho registered agent. Your registered agent will accept, on behalf of your business, service of process and offical business mail from the Secretary of State.
  4. Write an Operating Agreement
    An operating agreement is the foundational document of your company. It details ownership (your initial members and their membership shares), as well as the management of your LLC. This document is not filed with any government agency.
  5. Open Business Bank Accounts
    After you form an LLC, you will need to open separate business accounts in order for your company to transact business. Every bank has its own unique requirements for opening accounts, but most banks will require copies of your Certificate of Organization, operating agreement, and an initial resolution authorizing the opening of the accounts.
  6. File Annual Report
    Every year, your LLC must file an Annual Report in its anniversary month (if you formed your LLC in January, you file the Annual Report in January). There is no fee to file. You can file the Annual Report online.
  7. Submit Beneficial Ownership Information Report
    You must a file a BOI report with the Financial Crimes Enforcement Network after formation, starting January 1, 2024. The BOI report is free to file and must be submitted online.

Additional Resources: 

How to Start an Idaho LLC
How to Form an Idaho LLC (paper filing)

What is a Governor of an Idaho LLC?

In Idaho, the manager of a manager-managed LLC is called a governor. This title can also refer to a member of a member-managed LLC. When listing the name and address of the governor, you must list one of these two individuals, depending upon the management structure of your company.

What Happens If I Don’t File My Annual Report On Time?

The Secretary of State will send a Warning card to remind you that your Annual Report is overdue. You will have 60 days in which to file your Annual Report. After 60 days, your LLC will be administratively dissolved by the Secretary of State.

Idaho Registered Agent Service

An Idaho registered agent must provide the following services:

  • Have and maintain a registered office in Idaho (physical street address, not a PO box)
  • Keep the registered office open during regular business hours
  • Accept service of process and official business mail for clients
  • Contact clients when documents are accepted
  • Forward all documents to clients in a timely manner

Idaho LLC Annual Report

After you form an Idaho LLC, you will be required to file an Annual Report each year with the Secretary of State. The SOS sends out a reminder card each year, which will come to your registered agent. You can file the Annual Report online. There is no filing fee.

Federal Beneficial Ownership Information Report Filing

As a newly-formed LLC, you’ll probably need to submit a Beneficial Ownership Information (BOI) Report to the Financial Crimes Enforcement Network (FinCEN). The BOI report provides the federal government with basic information about your LLC and the people with the most power over your business decisions and profits. Starting January 1, 2024, this report is due following company formation. This report is a little complicated, but we can make filing painless with our $25 BOI report filing service.

Why Hire Corporate Filing Solutions to Form Your Idaho LLC?

Starting your LLC in Idaho shouldn’t be a hassle or a time consumer. That’s why we offer Filings Made Easy™ to make starting an LLC in Idaho super easy.

Hire us and relax while our filing experts form your new Idaho LLC. Our staff will process orders the same business day as they are received. To make things even easier, we bundle the first year of Registered Agent service and ensure your Idaho LLC comes fully equipped and ready to do its job.

Start your LLC in Idaho and get Registered Agent service for as low as $55 a year.