LLC costs / Florida / Idaho

Florida vs Idaho LLC

Idaho is cheaper to form by $25. Over five years, Idaho costs $718.75 less in state fees.

FloridaIdaho
Formation fee$125$100
Recurring fee$138.75 a yearNone
State fees over 5 years$818.75$100
Register an out-of-state LLC$125$100
Newspaper publication requiredNoNo
New LLCs per week (avg)12,271736
Domestic LLCs with an out-of-state address2%3%
Still active 12–24 months after forming64%–
Formation to public record, median (proxy)5 days2 days

Weekly averages cover the last 2 weeks both states have data for. "–" means the state's registry data can't support that number; see methodology.

New LLCs per week

New Florida LLCs per weekOct 12: 10,479; Oct 19: 9,669010k20kOct 12: 10,479Oct 19: 9,669Oct 12Oct 19
FloridaData from RecordWire
New Idaho LLCs per weekOct 12: 705; Oct 19: 7660400800Oct 12: 705Oct 19: 766Oct 12Oct 19
IdahoData from RecordWire

The usual rule: form the LLC in the state where the business operates. Forming elsewhere means registering as a foreign LLC at home too, and paying both states' fees ($125 in Florida, $100 in Idaho).

Sources: Florida fee schedule · Idaho fee schedule · filing data from RecordWire