Starting a Business in Idaho Checklist

Check business name availability with the Idaho Secretary of State Start by doing a search to see if your business name is available: http://www.accessidaho.org/public/sos/corp/search.html Idaho Secretary of State Office of the Secretary of State 450 N 4th Street PO Box 83720 Boise ID 83720-0080 P: (208) 334-2301 F: (208) 334-2080 sosinfo@sos.idaho.gov http://www.sos.idaho.gov/corp/corindex.htm
File paperwork to form my business You form a new business entity by filing the documents with the Idaho Secretary of the State To form a corporation, file a Certificate of Incorporation and pay the $100 filing fee. To form a Idaho LLC, file a Certificate of Organization and pay the $100 fee. Include the following information in your filing: – Business name and address – Registered agent name and address – Incorporator/organizer name and contact information – Authorized share information (corporations only) – Name and address of at least one member (LLCs only) Normal processing takes 3-5 days. Processing can be completed within 8 business hours for an extra $20. Drop off, mail, or fax 2 copies of your paperwork to the Secretary of the State. If you fax file, make sure you include a credit card payment form, available on the States website. If you’d prefer to have someone else complete your filing for you, you can incorporate in Idaho with Northwest Registered Agent. Business Entities Office of the Secretary of State Business Entities 450 N 4th Street PO Box 83720 Boise ID 83720-0080 P: (208) 334-2301 F: (208) 334-2080 sosinfo@sos.idaho.gov http://www.sos.idaho.gov/corp/corindex.htm
Register with the Tax Commission You can register online for the Tax Commission, Department of Labor, and Industrial Commission. https://labor.idaho.gov/ibrs/ibr.aspx?sAction=v Income Tax: The individual income tax rate ranges from 1.6% to 7.4%. The corporate income tax rate is 7.4%. Sales and Use Tax: The state sales tax rate is 6%. Idaho Tax Commission Idaho State Tax Commission PO Box 36 Boise ID 83722-0410 P: (208) 334-7660
Get a business license There is no state business license but some businesses need a trade or professional license. You can enter your business information online to see what types of licenses you may need http://www.idahobizhelp.org/bizwiz.htm Any other registration requirements? Not all businesses need a city license. For example, Boise and Coeur D’Alene only license certain types of businesses. Check with the city where you do business to see if they have licensing requirements. City of Boise The city clerk provides a list of businesses that need a license: http://cityclerk.cityofboise.org/licensing/ If you do need a license, you can apply in person or by mail. City of Caldwell For license information and forms: http://city.cityofcaldwell.com/page/Forms/ City of Coeur d’Alene Most businesses are licensed through the city clerk. For a list of permits and license along with specific contact info: http://www.cdaid.org/index.php/city-info/permits-and-licenses City License Info City of Boise City Clerk’s Office Mailing: P.O. Box 500 Boise, ID 83701 Physical: 150 N Capitol Blvd Boise, ID 83702 City of Caldwell City Clerk’s Office PO Box 1179 411 Blaine Street Caldwell, ID City of Coeur d’Alene City Clerk’s Office 710 Mullan Avenue Coeur d’Alene, ID 83814
Collect and Charge Sales Tax Do I need to collect sales tax? You will need an Idaho sales tax permit if you sell, rent, or lease tangible personal property or provide certain services. What is the Idaho sales tax rate? The state sales tax rate is 6%. How do I get registered? You can register with the Tax Commission online at https://labor.idaho.gov/ibrs/ibr.aspx?sAction=v or you can mail in the Idaho Business Registration form. The registration form is available on the Tax Commission website. How much does an Idaho sales tax permit cost? No fee Idaho State Tax Commission Idaho State Tax Commission PO Box 36 Boise ID 83722-0410 (208) 334-7660 http://www.tax.idaho.gov/i-1023.cfm