One of the requirements of maintaining an LLC or corporation in Idaho is filing an Annual Report. The Annual Report is used to confirm and update the company’s information each year with the Secretary of State, such as the name and address of the registered agent and principal office address.
What is Needed to File an Idaho Annual Report
You have the option of filing the Annual Registration online through the Idaho Secretary of State’s website or by mail.
The report asks for information such as:
- Legal name of the entity
- Street and mailing address of the Principal place of business
- Name and street address (P.O. Boxes are not allowed) of the Registered Agent
- Name and address of the entity’s governors
Annual Report Cost
If you file online, there is no cost to filing the Annual Report. Filing by mail will cost $20 for manual processing.
The Secretary of State’s office sends an email approximately one month before the Annual Report is due. Even though a reminder is sent, it’s important to make an additional reminder for yourself should you not receive it.
The annual filing is due by the last day of the anniversary month the LLC or Corporation was formed. For example, if your LLC or Corporation was formed January 1st, the Annual Report will be due every year thereafter by January 31st.
My business made little or no money. Do I still have to file the Annual Report?
Even if your Corporation or LLC received no income or had no business activity, the Annual Report is still required to be filed.
What happens if you don’t file the Annual Report on time?
If the Annual Report is not filed within 60 days of the due date, the entity will lose its good standing status with the state and eventually will be administratively dissolved. By not being in good standing, the owners may be held personally liable should the LLC or corporation be sued.
Idaho Secretary of State Contact Information
The mailing address for the Idaho Annual Report is:
Idaho Secretary of State
P.O. Box 83720
Boise, ID 83720-0080
If you have questions, they can be contacted at (208) 334-2301 or firstname.lastname@example.org.