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Idaho LLC vs Nevada LLC with Idaho registration

Forming in Idaho costs $100; forming in Nevada costs $425 and then Idaho charges $100 to register it, so $525 to start.

Line by line

State feeLLC formed in IdahoLLC formed in Nevada, registered in Idaho
Formation in NevadaNone$425
Formation in Idaho$100None
Idaho foreign registrationNone$100
Nevada yearly filing, two yearsNone$700
Idaho yearly filing, two years$0$0
Two years of state fees$100$1,225

Over two years the Nevada route costs $1,125 more in state fees than forming at home.

State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.

If you register in Idaho

Mainstay Filing prepares the Idaho registration (Foreign Registration Statement) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Idaho are on the Idaho page.

Where the numbers come from

Nevada: formation and yearly filing from Nevada’s own pages. Idaho: foreign registration and yearly filing from the Idaho Secretary of State, Business Services and the sources on the Idaho page.