Last updated July 15, 2021

New Iowa LLC Biennial Report Fees
(increased by $15)

Effective January 1st, 2018, the Iowa Secretary of State has raised certain filing fees, including Iowa LLC Biennial Report fees.

House File 638 amends (among others) Section 721—40.8(2) of the Iowa Administrative Code, and the new LLC Biennial Report fees will now be:

• $45 for LLC Biennial Reports filed online (used to be $30)
• $60 for LLC Biennial Reports filed by mail (used to be $45)

Iowa LLC Biennial Reports can be filed online or by mail here:
https://sos.iowa.gov/file/br/login.aspx

Instructions for Iowa LLC Biennial Reports can be found here:
https://www.llcuniversity.com/iowa-llc/biennial-report/

Iowa LLC Biennial Reports must be filed every odd-numbered year, due between January 1st and April 1st.

The first Iowa LLC Biennial Report is due in the first odd-numbered year, following the year the LLC is approved. Then after that, the Biennial Reports are due every odd-numbered year.

For example, if an Iowa LLC was approved anytime in 2018, the first Biennial Report will be due between January 1st and April 1st of 2019. If an Iowa LLC was approved anytime in 2019 or 2020, the first Biennial Report will be due between January 1st and April 1st of 2021.

Why were the Biennial Report fees for Iowa LLCs increased?

The primary reasons for the Iowa Secretary of State increasing LLC Biennial Report fees were to:

1. Raise money to upgrade and modernize their online filing system, which will relaunch as “Fast Track Filing“.
2. Allow the staff to provide better customer support.
3. Speed up the approval time for LLCs filed online and by mail, in addition to other documents and business filings.

In a press release from Paul D. Pate, Iowa Secretary of State, he said:

“Much of our Business Services technology has not been updated since my first term ended in 1999. It is woefully out-of-date, but upgrading it requires funding that has not been made available. We have found efficiencies and ways to provide better service. The Fast Track Filing system will be a boon for Iowa’s business community.“

The money raised by increasing the Iowa LLC Biennial Report fees (and other filing fees) will go towards a new fund called the Technology Modernization Fund.

The Technology Modernization Fund was created by the Iowa Legislature during the 2017 session.

New Iowa LLC biennial report fees (effective 1/1/2018):

Matt Horwitz

Founder & Educator, LLC University®

Matt Horwitz has been the leading expert on LLC education for the past decade. He founded LLC University in 2010 after realizing people needed simple and actionable instructions to start an LLC that other companies weren't offering. He's cited by Entrepreneur Magazine, Yahoo Finance, and the US Chamber of Commerce, and was featured by CNBC and InventRight.
 
Matt holds a Bachelor's Degree in business from Drexel University with a concentration in business law. He performs extensive research and analysis to convert state laws into simple instructions anyone can follow to form their LLC - all for free! Read more about Matt Horwitz and LLC University.