Idaho Corporation

You can get an EIN directly from the IRS. The application is free, and most businesses can apply online. However, if you don’t have a social security number, you’ll need to submit a paper application form. Can’t bear to fill out yet another application? Hire Northwest to get your EIN for you. Just add on EIN service during checkout when you sign up for our incorporation service.

Corporate bylaws cover basic policies and procedures for issues such as company finances and management. Bylaws should cover a range of topics, answering key questions like those below:

• Meetings: When and where will meetings for shareholders and directors be held? How many attendees are required to transact business? What are the procedures for voting or proxy voting? How do you call a special meeting? What actions can be taken without a meeting?

• Stock: How are stock certificates issued and transferred? How is voting affected by issues such as corporate stock owners or fractional shares?

• Directors and officers: How many directors must there be? Which officer positions are required? What powers do they have? How do you fill a vacancy or remove a director or officer?

• Finances: What are the procedures for retaining profits, issuing dividends, and paying bills? Who can withdraw money from the corporate bank account or sign checks?

• Records: Where is the corporate book to be kept? What information will be maintained? How are requests for review or access honored? Can records or copies be kept or distributed digitally?

• Amendments and emergencies: Who can amend bylaws and how? Can emergency bylaws be adopted in the case of disaster?

Idaho bylaws can make other provisions as well, assuming additions are in accordance with state law. For example, ID Code § 30-29-1602 (2019) states that the bylaws of an Idaho corporation cannot limit or abolish a shareholder’s right to inspect and copy corporate records

Creating bylaws can be overwhelming—where do you start? Northwest can help. We give you free corporate bylaws when you hire us to form your Idaho corporation. We know what kinds of topics and questions corporations need to address, and we’ve spent years refining and improving our forms. We offer many other free corporate forms as well, including templates for resolutions and meeting minutes.

$0. Here’s a nice benefit to doing business in Idaho – there is no fee to file your Annual Report.

The filing is due at the end of your anniversary month (the month you first incorporated). For example, if you formed your business on April 17th, you’re required to file by April 30th.each year. There is no late fee if you file after the deadline, but if you take more than 60 days to do so, your corporation may be administratively dissolved.

These filings can be easy to forget—which is why we send our clients automatic reminders for your Idaho Annual Report filings. Or better yet, let us file for you. With our business renewal service, we can complete and submit your annual report for you for $100.

Idaho corporations have to file a corporate net income tax, which has a flat 6.925% rate. The minimum tax fee is $20. Most businesses also have to pay a $10 tax for the state’s Permanent Building Fund.

Idaho’s sales tax rate is 6%. City sales taxes can be tacked on as well, making the average total sales tax 6.04%. Certain cities like Boise and Idaho Falls also have special sales taxes on lodging in “auditorium districts,” but that only applies to hotels and similar businesses.

Yes, if you conduct business in Idaho, you’re required to register with the Idaho State Tax Commission. You can register via the Idaho Business Registration System or by filing Form IBR-1, the Idaho Business Registration Form. You’ll need your EIN before you can register.

At least $100. The base filing fee is $100, but there is an extra $20 charge for using a paper form instead of filing online. There is an exception for articles completed through SOSBiz, Idaho’s online filing portal, and printed instead of filed online at the end. This option does not incur the $20 fee and is useful for those who need to physically mail their filing to pay by check or money order.

There is also a $1 processing fee for payment with a credit or debit card. You can also speed up the process with expedited service for an additional $40, or same day service for $100.

Hire us for a one-time fee of $326, including the state filing fees, a year of registered agent service, a business address and more.

24 hours expedited – and it can be even faster with same-day processing. Have some time and want to save a hundred bucks in extra fees? Forgo expediting and receive your approval in about 7-10 days.

There’s no general, statewide business license required in Idaho, but some cities and counties have local requirements. For example, Boise requires a license for pawnbrokers, and mobile concessions need a license in Coeur d’Alene.

For some license applications you may need an EIN or a certified copy of your Articles of Incorporation. At Northwest, we can streamline the process and get these for you—simply add on these items during checkout.

A corporation formed outside of Idaho—but which conducts business in the state—is considered a foreign Idaho corporation. For example, if you incorporated in Montana but decide to open a storefront in Idaho, you would be a foreign Idaho corporation. This also means you would need to register with the state by filing an Application for Certificate of Authority with the Idaho Secretary of State. Foreign corporations are required to file the Idaho Annual Report each year as well.

Absolutely! We’re happy to start a nonprofit corporation for you. Note that incorporating an Idaho nonprofit requires a different form. The base filing fee is lower as well, only $30. Idaho nonprofits must also file an annual report each year.

Mail forwarding is important for many business owners – including those who form corporations in Idaho but live outside the state, or those who may not want personal documents like bank statements delivered to the office where anyone can open them. At Northwest, we include limited mail forwarding with our registered agent and formation services. For more robust needs, we also offer unlimited mail forwarding with a unique suite number via our premium Idaho mail forwarding service. While you can use our address, we unfortunately do not have the capabilities to act as your return address for online or Amazon sellers.

It’s a conundrum: you need a local number to display on your website and give to customers, but you don’t want to make your personal number quite so…public. We get it. And we’ve got you covered with Northwest Phone Service. We can provide you with a virtual phone number in any state—plus unlimited call forwarding and tons of easy-to-use features. You can try Phone Service free for 60 days when you hire us to form your corporation, and maintaining service is just $9 monthly after that. No contract required.