How to Start a Business in Idaho
Everything you need to form an LLC or Corporation in Idaho — filing fees, tax rates, and step-by-step instructions.
Steps to Start a Business in Idaho
Choose Your Business Structure
Decide between LLC, Corporation, S-Corp, Sole Proprietorship, or Partnership. LLCs are the most popular choice in Idaho for their simplicity and liability protection.
Choose a Business Name
Your business name must be unique in Idaho. Search the Secretary of State database to check availability. For LLCs, the name must include 'LLC' or 'Limited Liability Company.'
Appoint a Registered Agent
Every Idaho business needs a registered agent — a person or service with a physical address in Idaho who receives legal documents on your behalf.
File with the Secretary of State
File your Articles of Organization (LLC) or Articles of Incorporation (Corp) with the Idaho Secretary of State. Filing fee: $100 for LLC, $100 for Corp.
Get Your EIN
Apply for a free Employer Identification Number (EIN) from the IRS. Takes minutes online at IRS.gov. You'll need this for taxes, banking, and hiring.
Open a Business Bank Account
Separate your business and personal finances. You'll need your EIN, formation documents, and operating agreement. Holdings makes this easy with integrated banking.
Business Entity Types in Idaho
LLC
Most PopularLimited Liability Company
Most small businesses, freelancers, and startups. Flexible management, pass-through taxation, personal liability protection.
Idaho filing fee: $100
Corporation
Corporation (C-Corp)
Businesses planning to raise venture capital, go public, or have complex ownership structures.
Idaho filing fee: $100
S-Corp
S Corporation
Small businesses wanting to reduce self-employment tax while keeping pass-through taxation. Must meet IRS eligibility (≤100 shareholders, US citizens/residents only).
Sole Proprietorship
Sole Proprietorship
Solo freelancers and contractors. No state filing required but offers no liability protection.
Partnership
General Partnership
Two or more people starting a business together. Consider an LLC instead for liability protection.
Nonprofit
Nonprofit Corporation
Organizations with charitable, educational, or religious missions seeking 501(c)(3) tax-exempt status.
Getting an EIN in Idaho
An Employer Identification Number (EIN) is a 9-digit number assigned by the IRS to identify your business for tax purposes.
Idaho Business Taxes
| Corporate Tax Rate | 5.8% |
| Personal Income Tax | 5.8% |
| Annual Report Fee | None |
Official Idaho Resources
Frequently Asked Questions
How much does it cost to start an LLC in Idaho?
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Do I need a registered agent in Idaho?
Should I form an LLC or Corporation in Idaho?
Start a Business in Other States
Related Resources
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