Incorporate your business in Idaho;
Our Incorporation information is to help you with the small
business startup process. The Idaho Incorporation info can
help answer questions like "How do I form an LLC in Idaho?"
or "What type of Incorporation entity should I be? An Idaho
S-Corporation or an Idaho C-Corporation?" or "What are the
requirements for an Idaho Corporation?" It's easy to set up
an Idaho Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
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 "&." The name 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. The name 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.
Corporation Requirements
Director Information
Minimum Number - One or more.
Residence Requirements - No provision.
Age Requirements - None.
Directors are not required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in shares or par value does not affect
initial filing fees.
Corporate Records
A corporation must keep minutes, a record of shareholders
and records of account, at its registered office.
Tax and Fees
Annual Statements
Annual statements are required as part of Form PSA.
See "Taxes" section below. The fee is $10 annually.
Income Tax Rate
The income tax rate is 7.6% of taxable Idaho income.
A minimum tax of $20 is imposed on all corporations.
S Corporation
S Corporation status is recognized by the State of
Idaho. A separate state election from the federal election
is not required.
License Requirements
Idaho requires most businesses to obtain a license
and pay a fee if operating in the state. Please check
with the state to make sure your business is complying
with the license requirements for your particular profession.
