Iowa Application for Reservation of Name [490.402]

State:
Iowa
Control #:
IA-SKU-0431
Format:
PDF
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Description

Application for Reservation of Name [490.402]

Iowa Application for Reservation of Name [490.402] is a form that is used to reserve a business name in the state of Iowa. This form must be completed and filed with the Iowa Secretary of State in order to reserve a business name for a period of up to 120 days. The application allows businesses to reserve a name prior to forming a corporation, limited liability company, limited partnership, or limited liability partnership. There are two types of the Iowa Application for Reservation of Name [490.402]: a regular reservation and an expedited reservation. The regular reservation costs $20 and is valid for 120 days, while the expedited reservation costs $30 and is valid for only 30 days. Both types of applications require the applicant to provide the proposed business name, the name of the applicant, and the purpose of the business.

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FAQ

Anyone planning to do business within the state of Iowa can reserve an entity name. Filing your name reservation prevents another entity from using that name to conduct business in the state during the time of your hold. An entity name reservation in the state of Iowa allows you to claim that name for 120 days.

Changes in LLC membership are recorded on your Iowa LLC's operating agreement. The operating agreement contains your members' names and addresses, which means that when you want to add a new member, you just need to update your LLC's operating agreement with the new member's information.

It costs $50 to file your application if you are a domestic (Iowa company) and $100 if you are foreign (non Iowa company).

Iowa LLC Certificate of Organization Filing Fee ($50) And once approved, this is what creates your LLC. The $50 fee is a one-time fee and the only LLC formation cost to register your Limited Liability Company with the state. You don't have to pay any monthly (or annual) fees to start Iowa LLCs.

In order to legally conduct business within the state of Iowa, you will need to register your business. Where you register is directly related to what kind of entity you are forming.

To register your business as a sole proprietorship, you will need to file what's called a Trade Name Form with your county recorder's office. This typically costs around $7 to file and should remain in effect until either you file to end the business or the recorder's office revokes your filed form.

Register Your Business Name with the Iowa Secretary of State You'll need to file an application for reservation of name with the Iowa Secretary of State. Your name will be reserved for 120 days once the application is processed. If you're forming your Iowa LLC right away, you won't need to reserve a name.

You can get an LLC in Iowa in 1 business day if you file online (or 4 weeks if you file by mail).

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Iowa Application for Reservation of Name [490.402]