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 |
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 | $0 + State Fees |
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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 expenses of maintaining an LLC in Idaho is the annual report filing fee. Every LLC registered in Idaho is required to file an annual report with the Secretary of State’s office and pay a filing fee. The annual report provides updated information about the LLC, such as its members, managers, and business address. Failing to file the annual report or pay the filing fee can result in penalties and could even lead to the dissolution of the LLC.
In addition to the annual report filing fee, LLCs in Idaho must also pay a state income tax. Unlike some other states, Idaho imposes an income tax on LLCs based on their net income. Business owners need to keep track of their revenue, expenses, and deductions accurately to calculate and pay the state income tax on time to avoid penalties.
Furthermore, Idaho LLCs are also required to obtain a business license from the city or county where they operate. The cost of a business license varies depending on the location and the nature of the business. Business owners must research and understand the licensing requirements in their area to ensure compliance and avoid legal issues.
Another important cost to consider when maintaining an LLC in Idaho is insurance. While insurance is not a legal requirement for LLCs in Idaho, it’s highly recommended to protect the business, its assets, and its owners from potential liabilities. Depending on the nature of the business and its risks, business owners may need to purchase various types of insurance, such as general liability insurance, professional liability insurance, or workers’ compensation insurance.
Additionally, business owners must consider the cost of professional services, such as legal and accounting fees, to ensure compliance with state regulations and tax laws. While hiring professionals may add to the expenses of running an LLC, it’s essential for maintaining the financial health and legal standing of the business.
Overall, the cost of maintaining an LLC in Idaho can vary depending on various factors, such as the size of the business, its industry, and its location. Business owners need to budget for these expenses and plan accordingly to avoid financial difficulties and compliance issues. By understanding the ongoing costs associated with running an LLC in Idaho, business owners can make informed decisions to protect their business and ensure its long-term success.
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.