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Do I need to register as a foreign entity in Illinois?
If your company was not incorporated in Illinois, but you wish to do business there, you need to register as a foreign entity with the state. Acquiring Illinois Foreign Qualification allows a company incorporated in Delaware or any other state to legally transact business in Illinois.
Do I have to register foreign LLC in Illinois?
Under Illinois law, if your out-of-state company is conducting business in Illinois, you are required to register, or qualify, your foreign company in Illinois.
What does it mean to do business in Illinois?
In general, what constitutes doing business, or qualifying to do business, ultimately revolves around the ability to sue and be sued. Which is why there is a statuory requirement to maintain a registered agent that resides in Illinois for the sole purpose of accepting service of process and State correspondence.
How long does it take to get a business license in Illinois?
Please allow 6 to 8 weeks for processing if you complete and mail Form REG-1 to us. If applicable, you will receive your certificate of registration and taxpayer ID (i.e., your tax number) in the mail.
How much does it cost to set up an LLC in Illinois?
Cost to Set Up an LLC in Illinois The filing fee to create a domestic LLC in Illinois is $150. The cost to file a foreign LLC in Illinois is the same as a domestic LLC, $150. After setting up your LLC, you will then need to pay an annual filing fee of $75.
Related Searches
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How long does it take to get LLC 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.
How do I know if my LLC has been approved in Illinois?
The Illinois Secretary of State Department of Business Services provides a database at where you can do a preliminary search. LLCs - 217-524-8008.
What do you need to do business in Illinois?
In Illinois, most business are required to be registered and/or licensed by the IDOR. If you plan to hire employees, buy or sell products wholesale or retail, or manufacture goods, you must register with the IDOR. To obtain information contact: Illinois Department of Revenue.
How do I get a Illinois secretary of state identification number?
The Illinois Department of Revenue accepts applications by mail or online. When applying online, go through the Illinois Business Gateway website or Form REG-1 if filing by mail. Complete the Illinois Business Registration Application and provide the companys FEIN, business name, primary and mailing business address.
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.
Related links
How to Apply as a Transfer Applicant
Transfer Application Process, Undergraduate Admissions, University of Illinois Urbana-Champaign.
Domestic and Foreign Corporations Publications/Forms
FeeExpedited Fee; in addition to feePhotocopy/Certified CopyVariesVariesBCA 1.15Statement of Correction$50N/ABCA 1.17Petition for Refund or Review$5N/A
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