LLC articles of organization illinois [Definitive Guide]

Last updated : Aug 3, 2022

How do I get an article of organization for my LLC in Illinois?

Option 1: To file online, indicate whether you want to form a standard LLC or a Series LLC. You must also accept the terms and conditions. Then, begin filling out the required fields. Option 2: Download and mail in the Articles of Organization PDF from the Illinois Secretary of State website.

Do you need Articles of Incorporation for an LLC Illinois?

The most important step for forming an LLC in Illinois is to file articles of organization with the Illinois Secretary of State. You can either file your articles online for faster processing or mail in Form LLC-5.5. The filing fee is $150.

How do I get a copy of my Articles of Incorporation in Illinois?

1. Home >
2. Www.ilsos.gov >
3. Departments >
4. Business Services >
5. How Do I?

How do I check the status of my LLC in Illinois?

The Illinois Secretary of State Department of Business Services provides a database at http://www.ilsos.gov/corporatellc/ where you can do a preliminary search. LLC's - 217-524-8008.

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

Illinois LLC Approval Times Mail filings: In total, mail filing approvals for Illinois LLCs take 3-4 weeks. This accounts for the 10-15 business day processing time, plus the time your documents are in the mail. Online filings: In total, online filing approvals for Illinois LLCs take 7-10 business days.

Do I need a business license if I have an LLC?

In most states, forming an LLC doesn't require a business license, but you'll need to follow your state's procedures. An LLC requires registering with the state and filing the appropriate forms. But even though you don't need a business license to form an LLC, you probably need one to operate the LLC as a business.

Can I be my own registered agent in Illinois?

Yes, you can be your own registered agent in Illinois. However, after considering the registered agent requirements most business owners elect to hire a registered agent service instead.

Can I use a PO Box for my LLC in Illinois?

A post office box address alone nor a c/o address is acceptable as the address of the principal place of business or the office address of the registered agent. All limited liability companies must appoint and maintain a registered agent and registered office within the boundaries of Illinois.

How long does it take to get articles of incorporation in Illinois?

Articles of Incorporation Illinois FAQs If you file online, your Articles of Incorporation will be processed in a day. If you file by mail without paying the expedite fee, it can take around two weeks.

How much does it cost to file articles of incorporation in Illinois?

To file your Articles of Incorporation, the Illinois Secretary of State charges a $150 filing fee plus an initial franchise tax payment assessed at a rate of $1.50 per $1,000 of paid-in capital.

What is the purpose of articles of incorporation?

Articles of incorporation, sometimes called a certification of formation or a charter, are a set of documents filed with a government body to legally document a corporation's creation. These legal documents contain general information about the corporation, including the business name and business location.

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.

How often do you have to renew your LLC in Illinois?

The State of Illinois requires you to file an annual report for your LLC. You can file the annual report online at the SOS website or by mail using Form LLC-50.1.

How do I check the status of my business in Illinois?

How can I check the status of my corporate annual report and/or change my registered agent? For information on corporate annual reports and changing your registered agent, contact the Illinois Secretary of State at 1 217 782-6961 or visit their website at https://www.ilsos.gov.

What are the benefits of having an LLC?

• Limited Personal Liability.
• Less Paperwork.
• Tax Advantages of an LLC.
• Ownership Flexibility.
• Management Flexibility.
• Flexible Profit Distributions.

How much does it cost to register a business in Illinois?

Illinois Corporation Incorporation: $150 filing fee + franchise tax ($25 minimum) + optional $100 expedite fee. The expedite fee is required if you file online. Franchise tax is calculated as $1.50 per $1,000 on the paid-in capital represented in this state.

How much does an LLC cost?

LLC Filing Cost Filing costs will vary depending on the state laws but generally range from around $40 to up to $500 . Along with filing the articles of organization, most states require that businesses obtain a business license. Business license costs range from around $50 to $100 in most states.

How much does a EIN number cost in Illinois?

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 an Illinois business license?

You must register with the Illinois Department of Revenue if you conduct business in Illinois, or with Illinois customers. This includes sole proprietors (individual or husband/wife/civil union), exempt organizations, or government agencies withholding for Illinois employees.

How do I get an EIN in Illinois?

All other businesses must request a FEIN from the IRS website, or contact them at 1 800-829-4933 with questions. NOTE: If you are a single-member LLC and do not have a FEIN, you will need to complete the paper version of the Form REG-1, Illinois Business Registration Application.

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Write a comment

yo what's up guys let me give you a video on how to apply for the LLC when you apply for the LLC it'll be different for every state unlike the Ein which is the same for every state if you need a video on how to apply for LLC in your state please leave a comment below and I will be sure to do a video for you when you get to this page you want to read over it it'll tell you all about the LLC it'll tell you the fees exactly what you're needed for and everything and when you get done reading over this just click file when you get to this part they're asking you if you want a standard limited liability company or one with series we're going to pick the one with standard we don't want the one with Series this is for like if you have a bigger company with a bunch of small companies inside of it so you just want to click the standard and then click continue for the provisions you want to agree to this click yes and then continue now for your limited liability company name you want to make sure you get a name that's very unique that no one has if you put a name in here that someone has or someone has that's close to it it will automatically pull that name up and you can say yes or no if this is your name or not if not then you want to start over and get another name and as you can see you need to put a LLC behind this LLC or L.L dot C then once you get to the principal place of business you want to put your address in your city your state and your ZIP code for this application you want to put your name everywhere when they get to the register agent you want to put your name again unless you really have someone that will handle all of the paperwork for you that will get all of the mail for you and actually tell you that the mail is there and tell you what it's all about and everything but other than that you just want to put your name because you don't want to get anyone else involved but you put your name your address your city your state your ZIP code if they don't pick your address up automatically just follow these steps too now for the manager's part this is the part you have to be careful for this is the part where I messed up that and I put an ex-fiancee's name and I was basically giving her the rights to my business so I had to call and get the application deleted and resubmit it and put my info on everything now when you get to this part for the organizer you want to put your information again you want to put your name your address your city or state your zip code and then click continue remember you want to put your name for everything your name your address right here you can look over everything and you can make sure everything is right then you can choose to get an expedited service or you can choose to get a no expedited service are not extra data service will take about 10 days in an expedited service will literally take less than 24 hours put your billing information in here which is the same information that's on your credit card and then click continue then after you get done with that information you'll come to the payment information and then you want to put your credit card your name and everything that's so associated with your credit card and then you're done so this is exactly how you follow LLC in Illinois if you want to get it really quick you just want to do the expedited service and you can get it within 24 hours once again thanks to all you guys and peace out

Thanks for your comment Claude Siliado, have a nice day.
- Stefani Dinnen, Staff Member

creating an llc in illinois is pretty straightforward but when you finally get around to fleshing out your operating agreement there are important decisions to make that set the tone of exactly how you will do business and get paid operating agreements are the lifeblood of your business and may be the most important document that you will create throughout the lifespan of your company with that let's go over a few important things to know before creating your agreement in this video we'll cover a quick overview of llc's and operating agreements laws specific to the state of illinois what to include in your operating agreement and where to find an official template first what is an llc in the united states you can classify your business in a number of ways depending on its characteristics an llc or limited liability company is a form of business with special regulations which include shielding members from certain liabilities which is impossible if the business is a partnership or sole proprietorship llc's are relatively simple to create and manage and unlike other types of corporations taxes pass through the business directly to the members which avoids instances of double taxation next let's cover the basis behind operating agreements what is an operating agreement operating agreements layout all of the rules for businesses financial and functional decisions which among many things include work-related responsibilities for members as well as how profits are divided the document essentially governs the internal operations of the business and isn't one-size-fits-all so it can be tailored to a company's specific needs once the document is signed it legally binds members to the terms stated in the agreement but why do you need an operating agreement operating agreements are a necessity because other than organizing and defining important processes they also help solidify and protect a business's limited liability positioning without a formal agreement businesses may seem akin to partnerships or sole proprietorships requirements in illinois llc operating agreements are not required in the state of illinois and do not have to be filed with the state however it's highly recommended that every llc and even those with only one member create a formalized operating agreement if an llc went into a litigation without an operating agreement there is potential for liability issues what to include in an operating agreement operating agreements are sometimes 20 pages long and you'll want to make sure that every matter concerning your business's finances and operations are written out and regulated important matters to clearly outline in an operating agreement are division of ownership member authorities labor and responsibilities voting rights and clauses transfer of interest and buyout rules meeting frequency and rules terms for adding new members profit and loss allocations methods and frequency of disbursement and anything else pertaining to the llc's operations after you've finished your operating agreement it is recommended to have an attorney review it to be extra sure that you didn't leave out any critical information where he forms the biggest online database of legal documents access your legally binding templates for llc operating agreements specific to illinois at the link below and don't forget to subscribe for more weekly videos you

Thanks agita your participation is very much appreciated
- Stefani Dinnen

About the author

Stefani Dinnen

I've studied sociology of terrorism at South Dakota State University in Brookings and I am an expert in thermochemistry. I usually feel hot. My previous job was education and training administrator I held this position for 11 years, I love talking about tennis and journaling. Huge fan of Kristen Stewart I practice mountaineering and collect buttons.