Forming an LLC in Idaho
The Idaho limited liability companies filing process takes on average two weeks. However, the state offers expedited filing of two business days at an additional charge.
Name Identifiers and Abbreviations
The name of the Idaho limited liability company must end with one of the following words or abbreviations:
- Limited Liability Company
An Operating Agreement helps protect your company’s limited liability status and prevents your company from being run by the default rules created by the state. Although Idaho does not mandate all LLCs to have an Operating Agreement, it is highly recommended that you have one.
Depending on the nature of your business, some additional filings could be necessary to complete the proper set-up of your LLC:
- EIN (tax ID)
- Sales tax registration
- Payroll registration & business licensing