An Iowa LLC costs $347 all-in in year one through Anonymousllc.co: a $297 service fee plus the $50 Iowa state filing fee, covering filing, registered agent year one, operating agreement, EIN, and 4-5 US bank applications. Ongoing cost is the $30 biennial report every two years plus $100/year registered agent renewal. Iowa charges no Delaware-style franchise tax, and founders who want ownership privacy form in Wyoming or New Mexico and foreign-qualify into Iowa.
An Iowa LLC costs $347 all-in through Anonymousllc.co: a $297 service fee plus the $50 Iowa state filing fee. That single price covers the state filing, registered agent for year one, operating agreement, EIN, and four to five US bank applications. There are no hidden upsells behind that number. Add-on services are priced separately: ITIN $299 and BOI filing $150 when applicable. Founders who want ownership privacy instead form a Wyoming LLC ($397 all-in) and foreign-qualify into Iowa, which Anonymousllc.co handles as a separate filing.
The Iowa Secretary of State charges $50 to file the Articles of Organization, paid once at formation. This is the only mandatory state fee at filing time. The $50 goes to the state, not to Anonymousllc.co, and it is the same whether a founder files directly or uses a service. Anonymousllc.co folds it into the $347 all-in price so there is one payment rather than two. Iowa does not charge a separate name reservation fee for standard formation, since the name locks when the Articles are accepted.
Ongoing Iowa costs are a $30 biennial report filed every two years plus $100 per year for registered agent renewal if using a commercial service. Iowa charges no annual franchise tax in the Delaware sense. Income tax obligations depend on state-sourced income and entity-level elections rather than a flat yearly LLC fee. The biennial report is the only recurring state filing, and Anonymousllc.co tracks the deadline and files it as part of registered agent service. Year-two maintenance therefore runs about $100 per year plus $15 per year averaged for the biennial report.
Anonymousllc.co charges a $297 service fee on top of the $50 Iowa state fee, for $347 total. The service completes the entire formation in 5-10 business days: name check, filing, operating agreement, EIN, and bank applications. Filing directly with the state costs only the $50 fee, but the founder then handles name checks, the operating agreement, EIN, and four to five bank applications alone. The $297 service fee covers all of that work plus registered agent service for year one. For stronger privacy, Anonymousllc.co recommends a Wyoming LLC plus Iowa foreign qualification.
Filing directly with the Iowa Secretary of State costs only the $50 state fee, so DIY is cheaper in raw dollars. The trade-off is that the founder handles name checks, the operating agreement, EIN acquisition, and bank applications without support. Non-resident founders face the hardest steps alone: the EIN requires a fax SS-4 with "Foreign" as the responsible party, and US bank approval is harder from abroad. Anonymousllc.co charges a $297 service fee on top of the $50 and completes every step in 5-10 business days, including four to five bank applications for around a 90% approval rate.
No. Iowa charges no franchise tax in the Delaware sense on an LLC. The recurring state obligation is the $30 biennial report filed every two years, not a franchise or capital tax. Delaware, by contrast, charges a $300 flat annual franchise tax on LLCs, and Nevada charges an annual list plus a state business license worth about $350 per year. Iowa's ongoing state cost is far lower. Income tax still applies to LLC profit at the Iowa personal rate of up to 5.7%, moving to a flat 3.8% from 2025.
New Mexico is the cheapest anonymous option at $347 total with Anonymousllc.co and no annual report requirement. Iowa also runs $347 in year one but adds a $30 biennial report every two years. Wyoming costs $397 all-in and charges a $60 minimum annual report license tax, while keeping owners off public records. Iowa matches New Mexico on year-one price but does not keep ownership private, which is the deciding factor for privacy-focused founders. A founder who needs both low cost and anonymity forms in New Mexico or Wyoming and foreign-qualifies into Iowa.
Add-on services are priced separately from the $347 formation: ITIN $299, BOI filing $150 per report when applicable, and custom operating agreement drafting $199 for complex structures. Registered agent renewal is $100 per year from year two. The standard $347 package already includes the EIN, so most single-member founders pay nothing beyond it in year one. An EIN ordered on its own is $99. Reinstatement of an administratively dissolved Iowa LLC runs $250 plus state fees. Anonymousllc.co quotes each add-on before charging, so there are no surprise fees.
The total first-year cost of an Iowa LLC through Anonymousllc.co is $347: the $297 service fee plus the $50 state filing fee, with registered agent for year one included. No separate charge applies for the operating agreement, EIN, or the four to five bank applications. A founder who orders add-ons pays those on top: ITIN $299, BOI filing $150 per report, or custom operating agreement drafting $199. Most single-member founders pay only the $347. The figure is the all-in price to go from nothing to a filed Iowa LLC with an EIN and live bank applications inside 5-10 business days.
Iowa costs $347 in year one and $30 every two years after, far less than Delaware or Nevada in ongoing fees. Delaware charges a $300 flat annual franchise tax, and Nevada requires an annual list plus a state business license worth about $350 per year. Delaware forms for $407 all-in ($297 + $110 state) and Nevada for $722 all-in ($297 + $425 state) through Anonymousllc.co. Both keep owners off public records, which Iowa does not. Iowa wins on raw cost, while Wyoming ($397) and New Mexico ($347) win when a founder needs both low cost and anonymity. A founder who operates in Iowa but wants privacy pays the Wyoming or New Mexico price to form, then adds an Iowa foreign qualification, so the true cost of a private Iowa presence sits above the plain $347 Iowa figure.
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