Why incorporate in Idaho?

Business Information & Rankings

• Idaho ranked as the lowest-cost place to do business among the eight Western states (Economy.com)
• Boise ranked as the Best Place in the U.S. for Business and Careers. (Forbes magazine)
• Boise ranked 2nd for Best Places for Business (Inc. magazine)

Cost of living

Crime Rate

Idaho has the 15th lowest crime ranking in the U.S. (F.B.I, 2004)

Fees & Taxes

Business Inventory Tax
Business inventory is exempt.

Corporate Income Tax
The income tax rate is 7.6% on the Idaho taxable income of a corporation transacting business in Idaho or with income attributable to Idaho. If the tax is less than $20.00, a minimum tax payment of $20.00 is required.

Personal Income Tax
Idaho’s personal income tax system consists of eight brackets with a top rate of 7.8% starting at an income level of $21,730.

Personal Property Tax
Taxable. Idaho is one of the 12 states that does not collect state-level property taxes. The average property tax rate is approximately 1.67% for Urban and 1.179% for rural property.
There is no intangible personal property tax.

State Sales and Use Tax
Base Rate: 6%
Machinery Rate: 5%

Unemployment Insurance
Idaho’s new employers’ rate is 1.5% for 1.5 years.