Cost and Steps to Form an LLC in Iowa
The cost to start an LLC in Iowa is $50, paid to the Iowa Secretary of State when filing the LLC’s Certificate of Organization. Northwest ($29 + State Fees) is recommended for LLC formation.
7 Basic Steps to Start an LLC in Iowa:
- Name Your Iowa LLC
- Choose a Registered Agent
- File a Certificate of Organization
- Create an Operating Agreement
- Get an EIN
- File the Biennial Report
- Keep Your Company Compliant
LLC Formation Details in Iowa
- Filing Fee: $50 for the Certificate of Organization.
- Registered Agent: Required in Iowa, cost varies.
- Biennial Fee: $60 for maintaining LLC in Iowa.
- Processing Time: Generally less than 1-2 days for online submissions.
Setting Up an Iowa LLC
Before forming an LLC in Iowa, ensure a unique name, agent, file certification, get an EIN, and prepare necessary documents.
Additional Requirements and Benefits
- Business Licenses: Iowa doesn’t have a general state business license requirement, but specific industries might need licenses.
- Benefits of Iowa LLC: Include limited liability protection, flexible management, and pass-through taxation.