![]() The Foreign LLC form also costs $150 in state fees and must be filed with a “Certificate of Good Standing” from the state in which your parent company is registered.Īfter you’ve submitted your Articles of Organization and any other required forms specific to your business structure, expect to have your paperwork processed in 7 to 10 days, with the official forms mailed to your address on file. If your company is an existing LLC that you’re setting up in the state of Illinois, you’ll need to fill out a Foreign LLC form in addition to the Articles of Organization. The information you’ll be asked to provide on the form includes the name of your LLC, street address, the names and addresses of the business managers and company organizers, your principal place of business, office address, the purpose of your LLC, and the effective date of the LLC. You can file Articles of Organization online or by mail for a nonrefundable filing fee of $150. Once you’ve determined who will be serving as your LLC’s registered agent, you’ll then need to file your LLC Articles of Organization with the Secretary of State. However, most people choose to have a registered agent service act as their registered agent. The Illinois registered agent must have a registered street address in the state of Illinois, so you can be your own registered agent if you live in the state. 2) Claim your nameĪs the next step to your Illinois LLC formation, you’ll be required to select an Illinois registered agent-a person or business located in the state of Illinois-who will act as your business’s representative and handle the legal paperwork for your company. Even if you have no plans to build a website, owning the domain name is great for crafting a placeholder webpage to accept business inquiries-and at the very least-preventing people unaffiliated with your business from purchasing the domain. With the desired name of your LLC cleared with the Illinois Secretary of State, you’ll then want to check if the LLC name is available as a domain name, should you want to create a website. ![]() If you have any questions or are unsure of Illinois’ LLC naming guidelines, be sure to consult the Illinois Secretary of State Cyberdrive, which will provide a comprehensive list of all naming requirements. Your business name must also not contain words such as “Corporation,” “Incorporated,” or “Limited Partnership,” nor abbreviations such as “Ltd.,” “LP,” “Co.,” “Corp.,” or “Inc.” It must be distinguishable from any other Illinois business entity. The company name must not contain any verbiage that could mistake it for a government agency-such as “State Department” or “FBI”-however, it may include words like “Attorney” or “University,” for which you may have to fill out additional paperwork. To start, words like “Limited Liability Company” or abbreviations like “LLC” or “L.L.C.” must be included as a designator at the end of your company name. In Illinois specifically, there are a few requirements for properly establishing the name of your LLC. Once you have an LLC name selected, verify the LLC name is available by searching the Illinois Secretary of State website, revealing if other similar company names exist. The first step to forming an LLC in Illinois is to secure a name for your new business entity. 1) Check if your business name is available Here we outline the required steps to forming an LLC in Illinois to help you launch your new company as quickly and efficiently as possible. While there are several ways to start, one of the most common methods is forming an LLC, or Limited Liability Company. ![]() If you’re an entrepreneur, deciding to start your own business in Illinois is an exciting step toward manifesting your dream occupation. ![]()
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