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Illinois LLC

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When you file an LLC ( Limited Liability Company ) with the secretary of state, you gain the advantages of limited liability for the entity's debts and obligations. An LLC combines aspects of partnerships and corporations, so it is less formal and more flexible than a typical corporation, yet offers protection and advantages that are almost the same.

File an LLC in Illinois Online

File an LLC in Illinois

Services start at  $69

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*Price doesn't include state fees

Reasons to file an LLC:

  • Personal liability protection from business debts.
  • Potential tax benefits not offered to Sole Proprietors & Partnerships.
  • Option to choose how the company will be taxed i.e. Sole proprietor, Partnership, C-Corp and S-Corp.
  • Less formal entity structure then a corporation. No annual meetings or minutes are required to be documented (most still do).
  • Owners are not required to be United States citizens.
  • More professional business structure in the eyes of consumers.

Illinois Specific Filing Requirements:

  • Limited Liability Companies in Illinois must include a designator in their names. This designator can be the phrase 'Limited Liability Company,' or the abbreviations 'L.L.C.' or 'LLC.'
  • Before opening for business, an Illinois LLC must file their Articles of Organization. In it, the LLC must indicate their name and address, the name and address of their registered agent in the state, the industry they will do business in, how long they expect to maintain the LLC, and the names and address of the managers or, in the case of an LLC run by its members, the names and addresses of those members.
  • All LLCs that do business in Illinois must send in their annual report to the secretary of state by their anniversary date, or they will be required to pay a late-filing penalty.
  • The state generally completes filings within 2-3 weeks*, however we offer rush filing that takes about 2 business days*.

Incorporate In Illinois

We'll file all your documents with the secretary of state

Business owners most commonly form a corporation to protect their personal assets from their business liabilities. A correctly structured corporation allows owners, directors & officers to manage and run the business without worrying that they could potentially lose their home, car and personal savings due to business obligations or debts.

File a Corporation in Illinois Online Elect an S-Corp Tax Status For Your Business

File a Corporation in Illinois

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*Price doesn't include state fees

Reasons to file a Illinois Corporation:

  • Separate yourself from the business and reduce your personal liability.
  • Potential tax benefits not offered to Sole Proprietors & Partnerships.
  • A C-Corporation has no limit on shareholders.
  • Shareholders are not required to be United States Citizens in a C-Corporation.
  • More professional business structure in the eyes of consumers.

Illinois Specific Filing Requirements:

  • The state does not require a business address located within or out of Illinois.
  • The state generally completes filings within 2-3 weeks*, however we offer rush filing that takes about 2 business days*.
  • Director information is required on the Articles of Incorporation.

Illinois Non-Profit Corporation

We'll file all your documents with the secretary of state

Business owners most commonly form a corporation to protect their personal assets from their business liabilities. A correctly structured corporation allows owners, directors & officers to manage and run the business without worrying that they could potentially lose their home, car and personal savings due to business obligations

File a Non-Profit Corporation in Illinois Online

File a Non-Profit Corporation in Illinois

Services start at  $69

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*Price doesn't include state fees

Reasons to file an Illinois Non profit Corporation:

  • A 501(c) organization, also known as a "non-profit", is an American tax-exempt non-profit organization.
  • There is a deduction, for federal income tax purposes, for some donors who make charitable contributions to most types of 501(c)(3) organizations.
  • There are 28 types of non-profit organizations that are exempt from some federal income taxes.
  • When becoming a non-profit, you first must become incorporated as one in your state. Then the corporation can apply for the tax exempt status.
  • To accept money or donations for a qualifying entity (such as churches, charities & civic leagues), a nonprofit entity should be filed.

Illinois Specific Filing Requirements:

  • The state does not require a business address located within Illinois.
  • The state generally completes filings within 3 weeks*, however we offer rush filing that takes about 2 business days*.
  • Director information is required on the Articles of Incorporation.

Illinois Professional Corporation

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If a corporation will be engaging in what your state might call professional services, then a "Professional Corporation" must be formed pursuant to certain statutory provisions. professional services according to most states usually consists of services like medical services, legal services, accounting and financial services etc.

File a Professional Corporation in Illinois Online

File a Professional Corporation in Illinois

Services start at  $69

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*Price doesn't include state fees

Reasons to file an Illinois Professional Corporation:

  • Professional corporations (abbreviated as PC or P.C.) are corporate entities that are required by licensing boards, for such professionals as attorneys, architects, engineers, public accountants and physicians.
  • Legal regulations applying to professional corporations typically differ in important ways from other corporations.
  • Professional corporations may exist as part of a larger, corporate entity. For example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

Illinois Specific Filing Requirements:

  • The state does not require a business address located within Illinois.
  • The state generally completes filings within 3 weeks*, however we offer rush filing that takes about 2 business days*.
  • Director information is required on the Articles of Incorporation.

MyCorporation Makes Filing Easy:

Answer a few basic questions

We'll complete and submit your filings

You'll receive your completed filings

State Information:

For years Illinois was seen as a very tax-friendly state , with a flat income tax of only 3%, small business and workers could keep much more of their income. Unfortunately, the corporate income tax rate was increased from 7.3% all the way up to 9.5%. But, while these increases have understandably angered business owners in Illinois, they are set to reduce automatically in three years, and may be removed due to the fallout Illinois experienced after the increase was enacted.

Illinois is still a great state to start a business thanks to Chicago, one of the most financially active cities in America, and its position as a major transportation hub. Click here to learn more about starting a business in Illinois.

*State filing turn around times are subject to change without notice. Times listed on our site are accurate at the time of our last update.


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