Incorporating in Illinois (IL)
Whether you are starting a business or wish to incorporate a business already in existence in Illinois, BizFilings can help you learn about the requirements for corporations and limited liability companies (LLCs) in the State of Illinois.
BizFilings' Illinois Incorporation Service Packages
If you decide that a Illinois corporation or LLC is the best option for your business, we can incorporate your company in Illinois without costly legal fees. BizFilings is rated "A+" by the Better Business Bureau, offers a lifetime guarantee on filing services, and has been trusted by over 500,000 entrepreneurs to assist with their filing needs.
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$115 + State Fees |
$250 + State Fees |
$350 + State Fees |
- Preparation and Filing of Incorporation Documents
- Preliminary Name Check with State
- Free Registered Agent Service for 6 months
- BizComply Online Compliance Tool
- 24/7 Access to Online Corporate Status Center
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- Everything included with the Basic Package
- Expedited Processing Service
- Corporate Kit & Seal
- Corporate Forms CD
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- Everything included with the Standard Package
- Tax ID (EIN) Number Obtainment
- Compliance DVD
- Certified Copy of State Filed Documents
- Overnight Shipping
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Incorporating Online: How Does it Work?
Whether you wish to form a corporation, form an LLC or form another type of business, it's easy to incorporate online with BizFilings. Our process for incorporating your business is explained in detail here. If you have questions about how to incorporate, how to form an LLC, or why you might need to incorporate, read more in our learning center, call our knowledgeable and experienced customer service staff, or chat with one of our representatives online.
State Fees Apply
Each state charges filing fees that apply separately from BizFilings' incorporation package pricing. These fees will be reflected when you get a Fast Quote using any of the links above. You can also view our list of fees by state.
Incorporating in Illinois
Illinois Corporate Name Endings
Illinois Corporation Requirements
Illinois Corporate Taxes and Fees
Illinois Business License Requirements
Illinois Corporate Name Endings
The name shall contain the word "Corporation," "Company," "Incorporated," "Limited," or an abbreviation thereof. The name shall not contain any word or phrase indicating or implying it is organized to conduct the business of insurance, assurance, indemnity, acceptance of savings deposit, banking, or corporate fiduciary. The name shall be distinguishable from the name of any domestic or foreign corporation authorized to transact business or a name exclusive right to which is, at the time, reserved or registered.
Illinois Corporation Requirements
Director Information
Minimum Number: One or more.
Residence Requirements: No provision.
Age Requirements: None.
Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares may cause an increase in initial filing fees.
Corporate Records
The corporation must keep a record of shareholders at its registered office or principal place of business within the state.
Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.revenue.state.il.us/.
S Corporations
S Corporation status is recognized by the State of Illinois, however, S corporations are subject to Illinois' personal property replacement income tax of 1.5%. A separate state election from the federal election is not required.
License Requirements
Illinois requires many businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Form a Limited Liability Company (LLC) in Illinois
Illinois LLC Name Endings
Illinois LLC Requirements
Illinois LLC Taxes and Fees
Illinois Business License Requirements
LLC Name Endings
The name of a LLC must end with "Limited Liability Company," "LLC," or "L.L.C."
Illinois LLC Requirements
Member/Manager Information
Minimum Number: one or more
Residence Requirements: no provision
Age Requirements: no provision
Members/Managers are required to be listed on the formation documents
Illinois Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.revenue.state.il.us/.
License Requirements
Illinois requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Registered Agents in Illinois
Illinois corporations and LLCs are required to have a registered agent located in Illinois. The Illinois registered agent is responsible for receiving important legal and tax documents including service of process (litigation) documents, franchise tax forms, and annual report forms.
A Illinois registered agent is an individual or company located at a street address in Illinois. Post office boxes are not acceptable addresses for a registered agent in Illinois.
If a company, such as BizFilings, is acting as your registered agent they must be registered as a corporation in Illinois. There are a number of advantages to using a registered agent service provider in Illinois, but the advantages differ between large and small companies.
Large companies in Illinois benefit by having service of process and state documents send to their registered agent's office in Illinois. The registered agent follows delivery instructions to ensure that important documents reach the correct individual. Smaller companies in Illinois benefit by providing a consistent Illinois address.
Another advantage to using another company as your Illinois registered agent is that the information of your Illinois registered agent is public record.
Learn how to select BizFilings as your registered agent in Illinois.
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