As an LLC owner in Idaho, you may want to change your business name for various reasons. When you get there, knowing how to start and what to do is best.
Our panel of business experts navigated and researched the official Idaho Secretary of State website to help you determine how to properly change your LLC name.
The article details our step-by-step guide on changing your Idaho LLC name.
Quick Summary
- An Idaho LLC has to file an Amendment to the Certificate of Organization Limited Liability Company form to change its business name.
- It costs $30 to change an LLC name online in Idaho and $50 by mail or in person.
- LLC owners in Idaho can file online, by mail, or in person to change their LLC name.
3 Steps to Change an LLC Name in Idaho
There are 3 steps you must take when changing the name of your LLC.
1. Choose a New Idaho LLC Name
When choosing a new business name, Idaho law mandates that your name meets certain requirements as follows:
- The new name contains the words "Limited Liability Company" or the abbreviations "L.L.C., Ltd, Co, or LC."
- The new name must be distinguishable from any other business entity on file with the Idaho Secretary of State.
- The term "professional" may appear before the word "limited," or the letter "P" may occur at the start of any of the authorized abbreviations if the LLC is a professional entity (such as a law firm).
- Restrictions to names similar to those of state or federal agencies like the FBI, Treasury, Idaho Police, etc. [1].
It's a good idea to check Idaho Business Name Search to find out whether the state currently has any operating businesses with names that are similar to the one you desire.
2. File a Name Reservation Form
You can reserve your Idaho business name if you don't want to amend the Certificate of Organization immediately by filing an Application for Reservation of Legal Entity Name to the Idaho Secretary of State.
The application will be processed, and your name will be held for 120 days.
The Idaho filing fee to reserve a business name is $40 (which includes an extra $20 for manual processing).
3. File an Idaho Amendment to Certificate of Organization
Complete and file the Amendment to Certificate of Organization Limited Liability Company form to the Idaho Secretary of State's Office to legally change your company name [2].
Your document must be completed with the following:
- LLC's current name.
- The date the certificate of organization was originally filed.
- Name the LLC is changed to.
- Signatures of an authorized person.
- Contact information.
Idaho Amendment to Certificate of Organization filings are made online, in person, or by mail. Payment for paper filings must be made by check payable to the "Idaho Secretary of State" or using a credit card if filing online.
Log in to your Idaho SOSbiz account or create one by clicking "Create An Account" to amend your Certificate of Organization online.
After logging in, choose "My Records." Select "File Amendment" after clicking on the name of your company. Submit the form with the $30 filing fee.
For mail or in-person filings, submit two copies of the Idaho LLC amendment form and a $50 filing fee to the following mailing address:
Office of the Secretary of State
450 N 4th Street
PO Box 83720
Boise, ID 83720-0080
Idaho LLC Amendments to Certificate of Organization are processed within 1-2 business days.
You can also add an extra $100 for same-day processing. Note that any same-day expedited service requests must be submitted by 1 pm.
Once the Secretary of State approves the Idaho Amendment form, it can be returned via pick up or to your mailing address at your request.
Additionally, you can print a copy straight from the Secretary of State's website.
What to Do After You Change Your Idaho LLC Name?
After you change your LLC name, you must update other areas of your business, including important LLC paperwork and business records.
These primarily include:
- Writing to the IRS with the new address you use to file your returns and notifying them of the new name in full as per the amended Certificate of Organization.
- Contacting Idaho State Tax Commission and notifying them of the change to update your new LLC name on tax permits.
- Updating your city license/permits with the local city clerk's office.
- Reviewing your LLC operating agreement and replacing your old LLC name with the newly approved one.
- Updating your LLC bank accounts, credit cards, and all accounts associated with your LLC, like creditors, suppliers, etc.
- Ensuring all your identifying materials, including letterheads, logos, email addresses, and others, reflect the name change.
FAQs
How Long Does It Take the State to Process an Idaho LLC Amendment?
It takes 1-2 business days for the State to process an Idaho LLC Amendment. Your documents can also be processed the same day at an additional $100.
How Much Does an Idaho LLC Amendment Cost?
An Idaho LLC Amendment costs $30 to file online and $50 for in-person or mail filings.
Do You Need Help Changing Your Idaho LLC Name?
As an LLC owner in Idaho, changing your LLC name is a demanding process with specific forms required by the state.
When changing your LLC name in Idaho, it is crucial to have the right assistance due to the demanding process and specific state forms.
We recommend using a certified filing service like Incfile’s amendment service, as they have the expertise to ensure error-free and complete amendments, preventing the state from rejecting your LLC name change.
This way, they'll seamlessly respond to any state inquiries and documentation needed without delay and keep your business state compliant.
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Incfile
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References:
- https://legislature.idaho.gov/statutesrules/idstat/Title30/T30CH21/SECT30-21-301/
- https://business.idaho.gov/assistance-resources/business-change/
