Iowa LLC — Frequently Asked Questions
How much does it cost to form an LLC in Iowa?
The state filing fee to form an LLC in Iowa is $50. That's one of the lowest LLC filing fees in the country. On top of that, plan for $30 every two years in annual report fees. $199 is what we charge for our filing service alone. $50 goes to the Iowa Secretary of State. Registered agent service costs $99/year (separate). EIN and an operating agreement are extra services we offer or you can handle yourself.
How long does it take to form an LLC in Iowa?
Standard processing runs 5-10 business days. Expedited options are limited in Iowa. We file on your behalf and notify you as soon as the Iowa Secretary of State processes the formation.
Does Iowa require an annual report for LLCs?
Yes, but only every two years. The fee is $30 per biennial filing. Missing the deadline can result in penalties and eventual administrative dissolution.
Do I need a registered agent for my Iowa LLC?
Yes. Every LLC registered with the Iowa Secretary of State is required to maintain a registered agent with a physical Iowa address. This is true from the moment you file your formation documents and remains true for as long as the LLC exists. Our registered agent service is $99 the first year, billed separately from any LLC filing fee, and renews at $119/year starting in year two.
Can I form an LLC in Iowa if I live in another state?
Yes. You don't have to be an Iowa resident to form an Iowa LLC. You do, however, need a registered agent with a physical Iowa address — and our $99/year registered agent service can handle that for you.
Do I need an operating agreement for my Iowa LLC?
Iowa doesn't require you to file an operating agreement with the state, but you absolutely should have one. Banks require it to open a business account. Courts rely on it in disputes. Without one, Iowa's default LLC rules apply — which may not match your intentions. Drafting one yourself is fine, or you can buy our Iowa operating agreement template as a paid add-on.
How do I get an EIN for my Iowa LLC?
Apply directly on IRS.gov — it's free and takes about 10 minutes. You'll receive your EIN immediately after completing the online application. Never pay a third party for an EIN. If you'd like assistance with the EIN application, we offer it as a separate paid add-on. The IRS application is always free directly.
What's included in your formation service?
Our $199 service covers Articles of Organization preparation, review, and filing with the Iowa Secretary of State. The $50 state filing fee is paid separately. Registered agent service, operating agreement, and EIN assistance are available as separate optional services.
Still Have Questions?
We're here to help. Reach out Monday through Friday and we'll answer any questions about forming an LLC in Iowa or how our services work.