Idaho corporation 2025

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  1. Click ‘Get Form’ to open the Idaho Corporation document in the editor.
  2. Begin by entering the 'Name of Corporation' at the top of the form. This is essential for identifying your corporation.
  3. Proceed to fill in the 'Election of Directors' section. List each director's name and address, ensuring that at least one director is a shareholder.
  4. In the 'Approval of Articles of Incorporation' section, provide the date when you filed these articles with the Idaho Secretary of State.
  5. Complete the 'Election of Officers' section by naming individuals for key positions such as President and Secretary, noting that they must be shareholders.
  6. Review all sections carefully, ensuring accuracy before saving or exporting your completed document.

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To start a corporation in Idaho, youll need to do three things: Appoint a registered agent. Choose a name for your corporation. File Idaho Articles of Incorporation with the Secretary of State and pay the $100 fee ($120 for paper forms)
Advantages of setting up an LLC or Corporation Investment Tax Credit: If you register a new company in Idaho then you can take advantage of this credit. The investment tax credit can offset almost 50% of your state income tax liability. It can also be carried forward for a period of 14 years.
Searching for Idaho businesses is done through the sosbiz.Idaho.gov site. Idaho Corporations and LLCs are searchable by the following criteria: Search by Name. Search by File Number.
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Operates under a legal contract between the owners called an Operating Agreement. All LLCs, including single member ones, need a legal Operating Agreement created by an attorney that conforms with Idaho law.
Form an Idaho Corporation: Name Your Corporation. Designate a Registered Agent. Submit Articles of Incorporation. Get an EIN. Write Corporate Bylaws. Hold an Organizational Meeting. Open a Corporate Bank Account. File State Reports Taxes.
The cost to form an LLC in Idaho is at least $100 to file the certificate of organization. This is in line with many other states fees. Idaho does set itself apart by not charging a fee to file your required annual report each year.
A filing fee of $100 plus $20 for manual processing is required, totaling $120 for Articles of Incorporation. Make checks payable to Idaho Secretary of State. If expedited service is requested, add $40 to the filing fee.

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