How do I form an LLC in Illinois?

Forming an LLC in Illinois

  1. Step 1: Choose a name for your Illinois LLC.
  2. Step 2: Appoint an Illinois registered agent.
  3. Step 3: Check if you need an Illinois business license.
  4. Step 4: File articles of organization.
  5. Step 5: Draft an LLC operating agreement.
  6. Step 6: Comply With Employer Obligations.

How much does it cost to form an LLC in Illinois?

$150
How much does it cost to form an LLC in Illinois? The Illinois Secretary of State charges $150 to file the Articles of Organization. You can reserve your LLC name with the Illinois Secretary of State for $25.

How long does it take for an LLC to be approved in Illinois?

How long does it take to start an LLC in Illinois? It normally takes 3-4 weeks for an LLC to be approved in Illinois, though for an additional fee, one business day processing is available.

What does NGS mean for LLC?

A certificate of good standing can be issued to an entity that is formed in the state, or to one that was formed in another state and is registered as a foreign entity in the state.

How much is an EIN number in Illinois?

free
Applying for an EIN for your Illinois LLC is completely free. The IRS doesn’t charge anything for applying for an EIN.

Do I need a business License in Illinois?

In Illinois, most business are required to be registered and/or licensed by the IDOR. If you plan to hire employees, buy or sell products wholesale or retail, or manufacture goods, you must register with the IDOR. To obtain information contact: Illinois Department of Revenue.

How do I get a tax ID number in Illinois?

Your business must obtain an Illinois Business Tax number from the Illinois Department of Revenue….There are several ways to register:

  1. Online through their website,
  2. Mail in the appropriate form (and applicable schedule forms) available for printing off their website,
  3. Visit one their offices, or.
  4. Call (800) 356-6302.

Do I need a certificate of status for my LLC in Illinois?

Please be aware that corporations, LLC’s and other business organizations in Illinois are NOT required by law to obtain said “Certificate of Status”. THIS IS A SCAM! It is recommended that business organizations in Illinois ignore this solicitation and do NOT reply to the solicitation.

What does NGS stand for Illinois Secretary of State?

Illinois corporation not in good standing refers to a corporation in the state of Illinois that has failed to comply with the state’s requirements for reporting and paying fees.