Whether you are starting a business or incorporating an existing one in Idaho, you’ll want to understand state requirements for Idaho corporations and limited liability companies (LLCs).
Idaho Corporation Formation Requirements
Cost to incorporate. BizFilings clearly outlines our fees and the state fees to form a corporation in Idaho. View our pricing to plainly see:
- BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
- State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Idaho with standard turn-around.
- Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
- Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
Corporate name. The name must contain the word "Corporation," "Company," "Incorporated," "Limited," or an abbreviation thereof, provided that if "Company" or "Co." is used, it may not be immediately preceded by the word "and" or the symbol "&." It may not contain any word or phrase indicating or implying the corporation is organized for any purpose other than one or more of the purposes contained in its Articles of Incorporation. It may not be the same as or deceptively similar to that of a domestic corporation or a qualified foreign corporation or a reserved name, with qualified exceptions. The words "Engineer" and "Survey" require approval by the engineering board.
Director information. The following are Idaho’s requirements for directors of corporations.
- Minimum number. Corporations must have one or more directors.
- Residence requirements. Idaho does not have a provision specifying where directors must reside.
- Age requirements. Directors must be at least 18 years old.
- Inclusion in the Articles of Incorporation. Director names and addresses are not required to be listed in the Articles of Incorporation.
Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation.
Stock. Authorized shares must be listed in the Articles of Incorporation. An increase in the number of shares does not affect initial filing fees.
Registered agent. Corporations must list the name and address of a registered agent with a physical address (no P.O. Boxes) in Idaho. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
Professional services businesses. Professional corporations (PCs) are allowed to be formed in Idaho for professional services businesses.