How Form 8865 Filing 2023-2024

Hello there. Today, we're going to talk about how to start a limited liability company in the state of Idaho. There are two different types of limited liability companies: domestic and foreign. Domestic LLCs are formed within the state, while foreign LLCs are pre-existing entities from another state that want to do business in Idaho. Unfortunately, there is no online filing option on the Idaho Secretary of State website. Therefore, you will need to download the PDF file for the specific form you need. For foreign companies, that would be the foreign registration statement, and for domestic companies, it would be the articles of organization. Once you have downloaded the forms, you will need to type out all the required information, print them, and send them to the Secretary of State along with the filing fee of $100. If you choose to handwrite the forms, an additional $20 fee will apply. The first thing you need to do when filing is choose a name. Domestic and foreign companies may already have a name, especially if they are operating in another state. Regardless, it is important to check the availability of the chosen name within the state of Idaho. You can conduct a business entity search on the Secretary of State website to see if there are any other active companies operating under that name. If there is a conflict, foreign LLCs must operate under a fictitious name, and domestic LLCs will need to choose a new name. To prevent other businesses from using your chosen name, you can also reserve the name for a period of four months. The fee for name reservation is $20. After choosing a name, you will need to fill out the appropriate forms. For domestic LLCs, it is the certificate of organization, and for foreign...