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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.

$100
LLC Filing Fee
$100
Corp Filing Fee
5.8%
Income Tax
3-5
Days to File

Steps to Start a Business in Idaho

1

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.

2

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.'

3

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.

4

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.

5

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.

6

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 Popular

Limited 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.

Free
IRS Filing Cost
Instant
Online Application
9 Digits
EIN Format
Apply for EIN at IRS.gov →

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?
Filing an LLC in Idaho costs $100 with the Secretary of State. There is no annual report fee. Add $50–$300/year if you hire a registered agent service.
How long does it take to form a business in Idaho?
Idaho typically processes filings in 3-5 business days. Online filing is available and generally faster.
Do I need a registered agent in Idaho?
Yes. Every business entity in Idaho must have a registered agent — a person or service with a physical address in Idaho who can receive legal and tax documents on your behalf. You can serve as your own registered agent if you have a Idaho address.
Should I form an LLC or Corporation in Idaho?
For most small businesses, an LLC is the better choice — simpler management, flexible taxation, and personal liability protection. Choose a Corporation if you plan to raise venture capital or go public. In Idaho, an LLC costs $100 to file vs $100 for a Corporation.

Start a Business in Other States

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Related Resources

Starting a business in Idaho?

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