Launch an LLC

The state has a strong economy with a low unemployment rate, which means the demand for new businesses is high. Iowa is known for its outstanding and highly educated people, but it is also noted for its low company operating costs. There are other tax benefits that contribute to the reasons why Iowa is the best state for starting a business. 

Launch-A-Biz offers end-to-end services that enable you to form a legal entity in Iowa rapidly and effectively. Our team of legal experts, who have a deep grasp of the business registration services, can advise you on how to initiate your business in Iowa.

In Iowa, you must file a Certificate of Organization with the Iowa Business Services Division in order to form an LLC. The filing fee for the Certificate of Organization is $50. The state fees for incorporating an Iowa LLC can range from $50 to $60, depending on the type of business. Every two years, the Secretary of State requires all LLCs doing business in Iowa to file a Biennial Report. 

Iowa imposes a corporate income tax, a franchise tax, and a sales and uses tax. The state corporate income tax rate starts from 6.0% and goes up to 12%. In Iowa, individuals pay income taxes between .36% and 8.98%. The taxable income base is federal taxable income with modifications. The state sales tax rate is 6%. All business activities are subject to this tax unless specifically exempted by law. Additionally, local sales taxes are collected in some jurisdictions.