Do you want to start a small business in Idaho but limit your legal liability as an owner? That’s where a Limited Liability Company (LLC) comes in. An LLC protects your personal assets in case of a lawsuit or if the business goes into debt, as only the assets in the LLC are vulnerable.
If you decide to start an LLC in Idaho and want to get the help of a formation process to make the process easier and more care-free, there are plenty to choose from. Read more to learn about the 5 best LLC formation services in Idaho for 2024.
The IRS defines an LLC as “a business structure allowed by state statute.” Each state has its own regulations of LLCs. For instance, every LLC in Idaho must have a unique company name for the state in which it is formed.
Idaho charges a $100 LLC filing fee. However, unlike many states, it does not levy an annual fee on LLCs. Under the Idaho Limited Liability Company Act, LLCs must file an annual report with the Secretary of State. An LLC may be disregarded, taxed like a partnership, or taxed like a corporation for tax purposes.
The state requires that every LLC appoint a registered agent. This registered agent is a person or entity that can accept official notices for your company in case a process server must deliver legal documents to defendants. The registered agent must have a physical street address in Idaho.
Our business-building platform is geared toward simplifying every aspect of starting, managing, and growing a small business. More than 30 million business owners have launched their LLCs with us, and we offer many helpful products you can use to make the process easier and faster.
Tailor Brands provides many of the complementary legal services you may need when forming your Idaho LLC:
We also offer businesses the tools to create a website, logo, and other design and branding assets.
Tailor Brands offers three LLC formation plans from which to choose:
Certain services, such as Registered Agent, require additional fees.
Tailor Brands is a business builder platform for all small business needs. The upper-level Elite plan is especially valuable for entrepreneurs and small businesses getting started. When it comes to LLC formation and everything that comes with it, we help our clients navigate the system quickly and effectively.
Since its founding in 2015, ZenBusiness has helped more than 500,000 companies form LLCs. It also offers plenty of complementary services that are usually needed when setting up your business and registering an LLC, and therefore a considerable option.
ZenBusiness provides good service at a higher price point than most competitors, plus it has excellent customer service and support.
Founded in 2001, this online legal technology company helps customers create legal documents without needing to hire a lawyer. To date, it has assisted in the creation of 2 million businesses nationwide.
LegalZoom offers:
LegalZoom is a good choice for small business owners who need legal help and can take advantage of the company’s attorney network.
Also founded in 2015, Swyft Filings offers installment payments for those starting a new business on a budget.
Many services come at an additional cost.
Swyft Filings offers registered agent services and an EIN only as an add-on. While it is a good lower-priced choice for LLC formation, fees for additional services can add up fast.
Formerly IncFile, Bizee has helped more than 1 million entrepreneurs to form and run businesses since 2004.
Bizee offers a free Registered Agent service for one year, with an annual charge of $119 after that.
Bizee’s packages are affordable but do not offer as many services as competing LLC-formation companies. However, their higher-tier packages offer very fast filing.
It is possible to create an LLC on your own. You can research the legal and tax aspects required and do all the procedures yourself.
However, opting for an LLC formation service takes away some of the red tape, allowing the business owner to focus on actually working on the business. An LLC formation service ensures that the LLC is filed properly, eliminating any potential problems in a self-created LLC.
Starting and forming your Idaho business doesn’t have to be time-consuming and stressful when you use the right formation service that fits your needs.
While all of these LLC formation services perform satisfactorily, we encourage you to do your research before you choose one for your business. We believe Tailor Brands provides the best LLC formation service in Idaho in terms of overall service, pricing, and customer satisfaction.
This portion of our website is for informational purposes only. Tailor Brands is not a law firm, and none of the information on this website constitutes or is intended to convey legal advice. All statements, opinions, recommendations, and conclusions are solely the expression of the author and provided on an as-is basis. Accordingly, Tailor Brands is not responsible for the information and/or its accuracy or completeness. It also does not indicate any affiliation between Tailor Brands and any other brands, services or logos.
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