If you form an Idaho business, will it experience business growth? Idaho is one of the few states that have witnessed high levels of economic growth in the last five years. The state also offers new businesses a strong infrastructure and a positive business environment, which is essential for the growth and success of every business.

The Idaho economy grew in by almost 9.96% in real terms during the period between 2012 and 2016 while the compound annual growth rate has been hovering around 1.92% per year. The real GDP of the state was recorded at $59.694 billion in 2016, which is a record of sorts.

We are one of the top Idaho registered agents and are familiar with all processes pertaining to the Idaho State and can provide information and assistance for successful set up of your business!

Let’s take a look at how you can form an Idaho business LLC or Corporation.

Idaho LLC Registration and Formation

LLC company formation in Idaho is governed by Section 30-25-201 of the Idaho Code. The procedure for registration and formation of LLC is as follows:

Step#1: Hire a registered agent

According to Section 30-21-402, Idaho Code, an LLC will be required to continuously maintain a registered agent in the state. Whether you are a domestic LLC or a foreign business entity, a registered agent is necessary to ensure the process of LLC formation is smooth. We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in Idaho.

We are in compliance with all regulations in the State of Idaho.

Step#2: Name Reservation/Registration

In the state of Idaho, a domestic entity or a foreign business can operate or file documents for formation only after the process of reservation or registration of name is complete. A business entity name can be reserved under Section 30-21-303, Idaho Code for a period of 120 days. Foreign business entities will be required to register their name under section 30-21-304, Idaho Code. LLC company formation in Idaho naming requirements, highlight the fact that the chosen business name should be distinguishable from the name of any other entity on the records of the secretary of state.

Step#3: Certificate of Organization and Foreign Registration Statement

If you are planning to form an Idaho business LLC then the most important step is to prepare and file the right registration or business formation documents. In the state of Idaho, a domestic LLC can be formed and operated pursuant to Section 30-25-201, Idaho code. A domestic business entity will be required to file a “certificate of organization” with the secretary of state. On the other hand, a foreign limited liability company can be formed and operated pursuant to Section 30-21-502, Idaho code. A foreign business entity will be required to file a “foreign registration statement” with the secretary of state.

We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the LLC registration.

Should you have any questions regarding how to form an Idaho business, feel free to call us on 702-871-8678.

Order LLC now

Idaho Corporation Registration and Formation

How do you form a corporation in Idaho? There is a process through which you will be able to incorporate your business in the state. The process is as follows:

Step#1: Maintain a Registered Agent

According to Section 30-21-402, Idaho Code, a Corporation will be required to continuously maintain a registered agent in the state. Whether you are a domestic Corporation or a foreign business entity, a registered agent is necessary to ensure the process of registration of a Corporation is faster and easier.

We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in Idaho. We are in compliance with all regulations in the State of Idaho and will assist you to form a corporation in Idaho.

Step#2: Name Reservation/Registration

In the state of Idaho, a domestic entity or a foreign business can operate or file documents for formation only after the process of reservation or registration of name is complete. A business entity name can be reserved under Section 30-21-303, Idaho Code for a period of 120 days. Foreign business entities will be required to register their name under section 30-21-304, Idaho Code. Company formation in Idaho naming requirements; highlight the fact that the chosen business name should be distinguishable from the name of any other entity on the records of the secretary of state.

Step#3: Articles of Incorporation and Foreign Registration Statement

If you are planning to form a corporation in Idaho then the most important step is to prepare and file the right registration or business formation documents. In the state of Idaho, a domestic corporation can be formed and operated pursuant to Section 30-29-202 of the Idaho code. A domestic business entity will be required to file “Articles of Incorporation” with the secretary of state. On the other hand, a foreign business entity can be formed and operated pursuant to Section 30-21-502 of the Idaho code. A foreign business entity will be required to file a “foreign registration statement” with the secretary of state.

We can help in streamlining the process of company formation in Idaho by filing documents on your behalf through the online process or through an expedited process.

If you have any questions regarding Idaho incorporation or LLC formation, you can simply visit the Idaho Business formation page.

Order INC now

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.

Once your company is set up, you will need:

1. Tax ID (EIN) – free over the Internet or phone.
2. Yearly Requirements and Fees for Michigan companies – Statement of Information is an initial statement of officers or member/managers that must be filed with the Michigan Secretary of State within 90 days after filing original articles, and every year thereafter in the applicable filing period. For LLCs there is an addition Franchise Tax that is $800 per year. The first payment must be made within 3 months of your LLC.
3. Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

Michigan additional services

• Registered Agent
• Annual Report
• EIN (Tax ID)
• More Additional Services

• Why Michigan?
• Michigan Registered Agent
• Michigan Annual Requirements
• Michigan Corporation Statutes: Michigan Business Corporation Act 284 of 1972

• Why Michigan?
• Michigan Registered Agent
• Michigan Annual Requirements
• Michigan LLC Statutes: Michigan Limited Liability Co. Act 23 of 1993

Pricing $89.00 per year, special for pre-pay $40 per year

Don’t get fooled by companies claiming the lowest price and increasing it later. Our pricing is very simple. We charge $89 per year. We also have few specials. Whenever you decide to pre-pay additional years you get them for $40/year.

Why you need a Registered Agent?

Michigan State laws require business entities to maintain a Resident Agent in the state that you form your business. The agent’s name and office address are included in the Articles of Incorporation or Articles of Organization to give public notice of where to send important documents to your business entity.

If you need Registered agent in other State than Michigan click here.
We offer Registered Agent service in all 50 States.

State Fee for changing Michigan Registered Agent

Change of Registered Agent or Registered Agent Location: $5.00; Appointment of Registered Agent: $5.00; Resignation: LLCs pay $5.00 and Corporations: $0.00

Registered Agent Requirements

Each domestic corporation and each foreign corporation authorized to transact business in this state shall have and continuously maintain in this state both of the following: (a) A registered office which may be the same as its place of business. (b) A resident agent, which agent may be either an individual resident in this state whose business office or residence is identical with the registered office, a domestic corporation, or a foreign corporation authorized to transact business in this state and having a business office identical with the registered office.