In order to create an LLC in Illinois, you must pay the Secretary of State a $150 filing fee, plus an annual fee of $75. Additionally, the Secretary of State requires that you file an annual report. This report can be submitted online or via mail, but you must file it within 60 days or pay a $100 late fee.
How Much Does an LLC Cost in Illinois?
In order to form an LLC in Illinois, you must pay a fee of about $75 for the filing of the Articles of Organization. Additionally, you will need to pay sales and income taxes in the state, and any federal taxes. You will need to file annual reports for both types of entities in order to avoid administrative penalties.
The cost of forming an LLC in Illinois will vary depending on several factors. First, you must decide on the name of your LLC dumpster rental. Then, you will need to search the Illinois business database. You will also need to pay a registered agent if you choose this option.
To keep your LLC name, you can reserve it with the Illinois Secretary of State. This process can be expensive and time-consuming. In Illinois, LLC owners should also keep in mind that their assumed name registration will expire in five years. To keep it active, you must renew it in time. A $100 late fee will be charged if you don’t.
Alternatively, you can cancel your registration or change it to a new name. If you want to use a different name, you can also reserve the name for 90 days. However, you should take note that it’s important to research the filing requirements before choosing a business name for your LLC.