Illinois corporations and limited liability companies are formed by filing the original of the Articles of Incorporation (Organization) with Illinois Secretary of State. The filing fee is $500 (plus a bank service fee of $12.75) for limited liability companies, $750 (plus a bank service fee of $12.75) for limited liability companies with the ability to establish series and $150 (plus $25 in franchise tax and a $6.25 processing fee) for corporations. The entire filing process takes anywhere from five to seven business days.
The name of the corporation or limited liability company must end with one of the following words: Incorporated, Corporation or Limited Liability Company, or their abbreviations: Inc., Corp., L.L.C. or LLC.
We can help you prepare and file all the necessary incorporation or LLC formation paperwork with the appropriate Illinois State authorities for just $39.00 plus the required state fees.
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The process of forming a non-profit corporation in Illinois is largely the same as formation of a regular, for-profit, corporation. Illinois Secretary of State charges a $50 fee (plus a payment processing fee of $2.75) to file non-profit Articles of Incorporation.
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To reserve a specific name for a future company, an individual must first check with Illinois Secretary of State if that name is available. If available, a name can be reserved by filing an application with Illinois Secretary of State. The filing fee is $300 for limited liability companies and $25 for profit and nonprofit corporations and applications are usually processed within five to seven days for LLC's and ten to fifteen days for corporations.
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You may reserve an assumed name if you are intending to do business using that name. In order to get an assumed name you must file an application to adopt assumed name with Illinois Secretary of State. The filing fee is based upon the years evenly divisible by 5: $150 for each year ending in 0 or 5; $120 for each year ending in 1 or 6; $90 for each year ending in 2 or 7; $60 for each year ending in 3 or 8; $30 for each year ending in 4 or 9 (for corporations and nonprofit corporations plus additional $5 for processing fee) and it usually takes from five to seven (from ten to fifteen for corporations and nonprofit corporations) business days to process an application.
Click to learn more about Assumed/Trade Name (D.B.A.) registration in Illinois
In order to be able to charge sales tax in Illinois, a company must file a Business Registration Application with Illinois Department of Revenue. The state charges no fee for this application.
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In order to register to do business in Illinois, an out-of-state company must file Application for Authority to Transact Business with Illinois Secretary of State.
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In order to change or amend its name, a company must file Articles of Amendment of Articles of Incorporation (Organization) with Illinois Secretary of State. Prior to filing an amendment, the company must check if its new name is available with the Secretary of State. The state filing fee is $50 (plus $3.75 processor fee) for corporations, $150 for limited liability companies and $25 for nonprofit corporations.
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In order to officially dissolve, a company must file Articles of Dissolution with Illinois Secretary of State. The Secretary of State filing fee is $5 for corporations (plus any outstanding franchise taxes depending on unreported shares) and $100 for limited liability companies.
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Any company incorporated, organized or doing business in Illinois must maintain a registered agent in the State at all times. The registered agent must be physically located in Illinois and is appointed by the company to accept legal documents on its behalf.
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A company that is in good standing can obtain a Certificate of Existence (Good Standing) from Illinois Secretary of State. The Secretary of State fee for this service is $25 ($47 for online processing) for corporations or limited liability companies and $15 ($16 for online processing) for nonprofit corporations. The certificates are mailed within three to five business days.
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A company can order certified copies of its official documents from Illinois Secretary of State. The state fee for ordering certified copies of Articles of Incorporation or Organization is $75 for corporations, $25 for limited liability companies or $35 for nonpofit corporations (plus there is $2 processor fee for all entities and additional 50 cent per page fee for nonprofit corporation after 10 pages). The Secretary of State takes approximately from five to seven business days to mail the certified copies.
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An apostille certificate can be ordered from Illinois Secretary of State to confirm authenticity of any officially-filed corporate document, for use outside of the United States. The Secretary of State charges a $2 fee for the apostille certificate in addition to any fees charged for making certified copies of the requested documents. Processing takes approximately from seven to ten business days.
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Illinois does not require retailers of tobacco products to maintain a license.
All Illinois corporations are required to file an Annual Report. Illinois Secretary of State filing fee is $250 for LLC's or $75 plus $25 minimum franchise tax for corporations.
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To Whom It May Concern:
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