Idaho Application of Name Reservation

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ID-NAMERESV
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Overview of this form

The Application of Name Reservation is a legal document used to reserve a unique business name for a corporation or limited liability company (LLC) in Idaho. This form ensures that no other entity can register the same name while you prepare your business formation documents. It is important to note that this reservation is not required if you are filing articles of incorporation or formation simultaneously.

Key components of this form

  • Full entity name: Enter the complete name of the business you wish to reserve, including suffixes like Inc. or LLC.
  • Applicant details: Provide the name and address of the individual or entity applying for the reservation.
  • Signature requirements: The form must be signed either by the applicant or, if a corporation, by an authorized officer or agent.
  • Fees: Include the applicable filing fee based on your processing preferences, such as standard, expedited, or same-day service.
  • Contact information: Provide a phone number and email address for communication regarding the application.
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When this form is needed

You should use the Application of Name Reservation when you want to secure a unique name for your business before formally filing your articles of incorporation or organization. This is particularly useful if you need additional time to finalize your business plan or arrange for necessary financing. By reserving your business name, you can ensure that it remains available while you complete your preparations.

Who this form is for

  • Entrepreneurs planning to establish a corporation or LLC in Idaho.
  • Business owners who need to ensure their desired business name is not taken by others.
  • Individuals or entities preparing to submit articles of incorporation or other business formation documents within the next four months.

How to prepare this document

  • Enter the full name of the business you are reserving, including any suffixes.
  • Fill out the applicant's details, including their physical address.
  • Sign the form appropriately, either as an individual or by an authorized officer if applying on behalf of a corporation.
  • Include contact information such as a phone number and email address.
  • Submit the form along with the correct filing fee, ensuring it is payable to the Idaho Secretary of State.

Does this document require notarization?

This form does not typically require notarization unless specified by local law. Please review your specific circumstances or contact the Secretary of State's office for guidance on notarization requirements.

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Common mistakes to avoid

  • Not including the complete and accurate name of the business to be reserved.
  • Failing to provide the required signature or capacity of the signer.
  • Omitting contact information, which can delay communication from the Secretary of State's office.
  • Submitting payment without checking the correct fee based on processing preferences.

Why complete this form online

  • Convenience: Easily complete and submit the form from your home or office.
  • Editability: Make adjustments as necessary without dealing with physical paperwork.
  • Reliability: Ensure compliance with the latest state regulations directly through a legal-specific platform.

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FAQ

Register your business (and any of its assumed business names) with the Idaho Secretary of State. Apply online with the IRS for a federal Employer Identification Number (EIN), if necessary. Have the following information available before you start the IBR application:

To file your assumed business name, you have to fill out the assumed business name certificate available online from the Idaho Secretary of State Business Entity Forms and file via mail or delivery. The filing fee is $25.

LLC Processing Time It normally takes 1-2 weeks for the LLC paperwork to be approved in Idaho. Expedited processing is also available for an additional fee.

Name reservation is registering the name of a business with the state in order to reserve that name for the business owner. Most states will reserve a name that is not an exact duplicate of an existing name, with no attention given to confusingly similar names that may infringe existing trademarks.

Website: sos.idaho.gov (see "Business Entities") Phone: (208) 334-2301.

Reserving the name allows you to protect it for a certain period of time usually 120 days, although the exact time period does vary a bit depending on your state. During that period, no one else can incorporate under the name you've chosen.

Choose a Name for Your LLC. Appoint a Registered Agent. File Certificate of Organization. Prepare an Operating Agreement. Obtain an EIN. File Annual Reports.

Login to MCA portal. The name application can be filed only by a registered user of MCA. Documentation. It is not mandatory to attach any document along with the application to reserve company name. Filing of web-based application. Payment of government fees. Approval or resubmission of name.

The Name Reservation application takes 2-3 working days. However, If there is a delay from CIPC due to excessive workload, the process could take longer.

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Idaho Application of Name Reservation