Members pay 4.95% state tax on their share of income
At a glance
| Item | Cost |
|---|---|
| State LLC filing fee | $154 |
| Processing time | 3 weeks |
| Expedited formation | 1 day — $172 |
| Annual report | on request |
| Annual report due | 1st day of anniversary month |
| Franchise tax | on request |
| Newspaper publication | on request |
How to form an LLC in Illinois
- Name check — the name must be unique in the state registry.
- Registered agent — required for every LLC; we provide one for the first year.
- Articles of Organization — we file the formation document with the Secretary of State.
- Operating Agreement — we prepare the agreement between members.
- EIN — we obtain the company's tax number from the IRS.
- Licenses — we check whether your business needs permits.
Annual obligations
Annual report: on request, due 1st day of anniversary month. Franchise tax: on request. We remind you of every deadline in advance.
LLC management
- Member-managed — the members run the company themselves. Suits most businesses.
- Manager-managed — an appointed manager runs it. Useful with many members or passive owners.
Form your LLC in Illinois
Basic package — $100 + state fee $154 + business address (your own, or ours for $34/month). All prices · Contact us