How to Incorporate in IowaInstructions on Iowa Incorporating
What will it cost to incorporate in Iowa?
$50 Iowa articles of incorporation filing fee
What are the costs involved in forming an Iowa LLC?
Iowa LLC certificate of organization will cost $50
How long will it take to get my Iowa Incorporation or Iowa LLC processed?
It will take the Iowa Secretary of State 1-2 business days to process your Iowa incorporation if you file by mail. If you fax your filing it is processed even faster.
What am I going to be looking at for ongoing fees to Iowa?
Iowa corporations and LLCs file biennial reports. They are due by April 1st of even years for corporations and odd years for LLCs. However, you do not have to file a report in the year your company was formed. For example, if you filed your company January 15th, 2011, you will not file April 1st, 2011; your first report will be due April 1st, 2012. If you file your corporation or LLC on December 15th, 2009, your first report will be due April 1st, 2010.
Iowa Corporation and LLC reports cost $45 on paper and $30 online.
What are the Iowa business taxes?
When you incorporate in Iowa, you will subject yourself to Iowa corporate net income tax rates of 6-12% of your net taxable income. Often a great choice for Iowa incorporation is to elect to be treated as an Iowa S corporation so you can pay your business taxes at the personal net income tax rate. Iowa has a personal income tax rate of .36%-8.98%.
There are also a lot of local income taxes with an average rate of .3%.
The average Iowa sales tax rate is 6.94% (the state has a 6% tax, but the average local tax is .94% making a total of 6.94%
When we incorporate your business in Iowa, our service includes:
All for a total of only $275 for an Iowa LLC or $275 for an Iowa corporation.
Northwest Registered Agent, LLC.
Des Moines, IA 50309