LLC costs / Idaho / New York

Idaho vs New York LLC

Idaho is cheaper to form by $100. Over five years, Idaho costs $122.50 less in state fees.

IdahoNew York
Formation fee$100$200
Recurring feeNone$9 every 2 years
State fees over 5 years$100$222.50
Register an out-of-state LLC$100$250
Newspaper publication requiredNoYes
New LLCs per week (avg)7363,770
Domestic LLCs with an out-of-state address3%–
Still active 12–24 months after forming––
Formation to public record, median (proxy)2 days1 day

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 Idaho LLCs per weekOct 12: 705; Oct 19: 7660400800Oct 12: 705Oct 19: 766Oct 12Oct 19
IdahoData from RecordWire
New New York LLCs per weekOct 12: 3,857; Oct 19: 3,96302k4kOct 12: 3,857Oct 19: 3,963Oct 12Oct 19
New YorkData 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 ($100 in Idaho, $250 in New York).

Sources: Idaho fee schedule · New York fee schedule · filing data from RecordWire