Idaho Small Business Startup Package for LLC

State:
Multi-State
Control #:
US-P108-PKG
Format:
Word; 
Rich Text; 
PDF
Instant download

Description

The package is designed to assist a limited liability corporation (LLC) in running the corporation by providing a large selection of necessary and commonly used forms at a greatly reduced price. The forms provided are valuable tools to ensure the smooth operation of typical business affairs. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!


The documents in this package include the following:


Profit and Loss Statement - This is a general Statement of Profits and Losses for a company. It lists in detail, all profits, or gains, as well as all losses the business may have suffered. This form can be used by any type of company, whether a corporation or a sole proprietor.



General Trademark License Agreement - This form is a Trademark License Agreement. The licensor is the owner of certain trademarks and the licensee desires to use the trademark on the terms and conditions set forth in the agreement. The licensor agrees to grant to the licensee an exclusive worldwide right and license to use the trademark in connection with the licensee's product.



Assignment of Member Interest in Limited Liability Company - This form may be used to transfer the interest of a member in a LLC to another party. An assignment of this interest does not dissolve the company or entitle the assignee to become or to exercise any rights of a member. An assignment entitles the assignee to receive, to the extent assigned, the distributions of cash and other property and the allocations of profits, losses, income, gains, deductions, credits, or similar items to which the assignee's assignor would have been entitled. The Assignor ceases to be a member upon assignment of all the assignor's membership interest.



Resolution of Meeting of LLC Members to Sell or Transfer Stock - This form is a resolution of meeting of LLC members to sell or transfer stock.



Notice of Meeting of LLC Members - General Purpose - This form is a Notice of Meeting of LLC members for the purpose as stated in the form.



Limited Liability Company LLC Operating Agreement - This form is a Limited Liability Company Agreement. The parties have agreed to form a limited liability company upon the terms listed in the agreement. However, the form also lists the actions or events which would result in the termination of membership in the limited liability company.



Resolution of Meeting of LLC Members to Authorize Contract - This form is a resolution from a meeting of LLC members to authorize a contact. Provisions are included to describe the purpose of the contract.


Job Invoice-Short - This form is a job invoice form. It contains provisions for a job description, starting date, completion date, date and hours worked, list of materials and costs, and an itemized statement of total due for materials, labor, and other.



Employment Agreement - General - This form is used when an Employee agrees to be employed by Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of Employer services as may be reasonably requested from time to time by the Employer. The agreement contains provisions for compensation, confidentiality, non-competition and breach of contract.



Employment Agreement with Covenant Not to Compete - This form is used when an Employee agrees to be employed by an Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of the Employer as may be reasonably requested from time to time by the Employer. This agreement contains a covenant not to compete clause.



Self-Employed Independent Contractor Employment Agreement - General - A company agrees to hire a contractor to perform work on the terms and conditions set forth in the agreement. The contractor agrees that all financial and accounting records will remain the confidential property of the company. The form also provides that the company will reimburse the contractor for all reasonable and necessary expenses incurred by the contractor with the performance of his/her duties.



Secrecy, Nondisclosure and Confidentiality Agreement by Employee or Consultant to Owner - The first party has possession of proprietary information and know-how relating to an idea, product or service, and wishes to employ the second party but desires that the second party agree not to disclose information learned by second party during such employment. Both parties agree that all information, ideas, products or services, processes, written material, samples, models and all other information of any type, whether written or oral, submitted to the second party by the first party is now, and will remain, the property of first party.



Drug Testing Policy Disclosure and Consent Form - This form explains the drug testing policies of a particular company and includes a consent form.



Employee Permission to Do a Background Check - This is a form signed by an employee or prospective employee granting an employer permission to do a background check.



Employment Position Announcement This form is a business type form that is formatted to allow you to complete the form using Adobe Acrobat or Word. This form allows an employer to announce that applicants for a position with the company are being sought.


Consultant Agreement - This form is a Consultant Agreement for use with consultants exposed to commercial trade secrets or other confidential information as part of their work with a business.


Internet Use Policy - This agreement is to be signed by an employee upon the request of a company concerning the proper uses of internet access. The agreement defines acceptable uses and states that the inappropriate use of the Internet may lead to denial of access or other action by the company.


Also included in this package are: Employment Termination Agreement, Cash Disbursements and Receipts, Check Request form, Daily Accounts Receivable, Yearly Expenses by Quarter, Petty Cash Form and Purchasing Cost Estimate

Are you looking to start your own small business in Idaho? Consider exploring the Idaho Small Business Startup Package for LLC. This comprehensive package provides aspiring entrepreneurs with all the essential tools and resources needed to establish a successful Limited Liability Company (LLC) in the state of Idaho. By utilizing this package, you can ensure a smooth and efficient process when setting up your business. The Idaho Small Business Startup Package for LLC includes a range of useful services and documents that are vital for launching your company effectively. One of the key components of this package is the preparation and filing of the LLC formation documents. These documents include the Articles of Organization, Operating Agreement, and Employer Identification Number (EIN) application. Additionally, the package offers services such as name availability check, which helps in selecting a unique and distinguishable name for your LLC. It also includes the drafting of customized legal agreements and contracts, such as client agreements, vendor contracts, and employment agreements, tailored to the specific needs of your business. Furthermore, the Idaho Small Business Startup Package for LLC provides personalized assistance in obtaining the necessary licenses and permits required to operate your business legally in Idaho. This support ensures that you adhere to all the applicable regulations and guidelines, saving you time and potential legal complications. Marketing plays a crucial role in the success of any business, and the package acknowledges this by offering marketing and branding services. These services can include logo design, website development, and social media setup, helping you establish a professional and recognizable brand identity from the start. It's important to note that there may be different types of Idaho Small Business Startup Packages for LLC, each tailored to meet the unique needs of specific industries or business sizes. These variations may offer additional features, like industry-specific legal guidance, industry research reports, or access to a network of experts and mentors in your field. In conclusion, the Idaho Small Business Startup Package for LLC offers a comprehensive set of services and documents necessary for starting and running a successful small business in Idaho. Whether you're an aspiring entrepreneur or an existing business owner seeking to convert your business structure to an LLC, this package can provide the guidance and support needed to ensure a smooth and successful transition.

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FAQ

Benefits of Forming an LLC in Idaho The business structure of an LLC is flexible, has tax efficiencies, and gives limited liability protection to its members. The members of the LLC can include individuals, existing corporations, other LLCs, and foreign entities.

Benefits of Forming an LLC in Idaho The business structure of an LLC is flexible, has tax efficiencies, and gives limited liability protection to its members. The members of the LLC can include individuals, existing corporations, other LLCs, and foreign entities.

Idaho LLCs are taxed as pass-through entities by default. This means that the LLC itself doesn't pay taxes. Instead, its profits (or losses) pass through the LLC and onto the personal tax filings of the members (owners) of the LLC.

Idaho LLC Formation Filing Fee: $100 The cost to start an Idaho LLC is $100 for online filings, and $120 for paper filings. Forming your LLC involves filing an Idaho Certificate of Organization with the Secretary of State. Filing your certificate officially creates your Idaho LLC.

Single member LLCs are treated the same as sole proprietorships. Profits are reported on Schedule C as part of your individual 1040 tax return. Self-employment taxes on Idaho LLC net income must be paid just as you would with any self-employment business.

This article explores some of the benefits that an LLC can offer to its owners. Separate legal identity. ... Limited liability. ... Perpetual existence. ... Flexible management structure. ... Free transferability of financial interests. ... Pass-through taxation.

Pros and Cons of LLC (Limited Liability Corporations) The ProsThe ConsFlow-through income taxation, keeping things simpleInvestors may be more likely to put their money into a corporation, making it harder to raise financial capital5 more rows

The only state-wide business license you'll need in Idaho is the Sales and Use Tax license, which allows you to collect the state sales tax of 6%. Registering your business for a Sales and Use Tax license also registers your business for unemployment insurance and tax withholding accounts.

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Aug 4, 2023 — File for a certificate of organization. Create an operating agreement. Obtain an EIN. Open a business bank account. Fulfill tax and business ... May 19, 2023 — For domestic LLCs, complete your Certificate of Organization paperwork and include the required $100 fee. The fee remains the same for foreign ...This form should be completed after registering the business name and legal structure. If you will not have employees, make retail sales or are not engaged in ... To do so in Idaho, you must register your assumed name with the Idaho Secretary of State. You register by filing a Certificate of Assumed Business Name online ... ... business is up and running you can make an election for your LLC to be taxed as an S-Corp. It's a simple form you can fill out and send to the ... Aug 26, 2023 — The filing fee for both forms is $100, or $120 if you choose to file by mail rather than online. Our picks for registered agent services. Nov 1, 2023 — Step 1: Choose a Name for Your Idaho LLC; Step 2: Nominate a Registered Agent; Step 3: File Your Certificate of Organization; Learn More About ... Step 1: Define your business concept. · Step 2: Draft a business plan to start a business in Idaho · Step 3: Choose a business name. · Step 4: Fund your startup ... Jul 28, 2023 — You can form an Idaho LLC online by registering the Certificate of Organization with the Secretary of State. The cost to get an LLC in Idaho ... The form must be typewritten, filled in accurately and mailed to 450 N 4th Street, PO Box 83720, Boise, ID 83720-0080 with the required fees. The form may also ...

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Idaho Small Business Startup Package for LLC