LLC Lifetime and Costs
An Iowa LLC will last perpetually unless it is dissolved.
The cost to start an Iowa limited liability company (LLC) is $50. This fee is paid when filing the LLC’s Certificate of Organization.
Every Iowa LLC must have an agent for service of process in the state to accept legal papers if sued.
Filing Procedures and Timeframes
The fastest way to get an LLC in Iowa is to file it yourself online. This option has the fastest approval time of 1 business day.
It takes 2-3 weeks to form an LLC in Iowa by mail. Online LLC filing is available on the Fast Track Filing system. To prevent delays, ensure all formation documents and requirements are in order before filing.
Registered Agent and Certificate of Organization
Iowa law requires each limited liability company to appoint a registered agent. The registered agent is designated in the Certificate of Organization.
Renewal and Compliance
In most states, it is mandatory to renew your LLC every year. Any Iowa LLC doing business in Iowa must file a Biennial Report every 2 years to stay in compliance and in good standing with the state.