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How much should I budget? A formal 16-page typical annual report can cost anywhere from $7,500 to $20,000. Having staff take care of internal coordination and writing can lower the price to a $6,000 $10,000 range. If your annual report needs to be bilingual, add 30-40% for producing the second language.
Penalty. An annual report not filed within 60 days of the due date requires payment of the late filing penalty mandated by Section 50-15 of the Limited Liability Company Act.
All Illinois corporations, LLCs, nonprofits, and LPs must file an annual report each year with the Illinois Secretary of State, Department of Business Services. In addition to filing an annual report, every corporation must also pay an annual franchise tax.
All Illinois corporations, LLCs, nonprofits, and LPs must file an annual report each year with the Illinois Secretary of State, Department of Business Services. In addition to filing an annual report, every corporation must also pay an annual franchise tax.
The fee for filing by mail is $250 and $300 for filing online. The extra $50 is added automatically and considered a fee for expedited filing. The filing fees for different corporation structures are as follows: Domestic and foreign Illinois corporations and PCs: $25 along with a minimum franchise tax of $25.
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The annual report must be filed by an officer of the corporation who is listed in the reports section for officers. A maximum six officers and six directors may be entered via the web form. The registered agent and/or registered office cannot be changed via an electronically filed annual report.
5 Elements to Include in Your Annual Report A Statement or Letter from the CEO/President. All good annual reports start with a statement from an important leader in the company. Detailed Financial Information. Annual Highlights. A Future Forecast. A Thank You
How to File Your Illinois Annual Report Determine your filing fee and due date. Complete your annual report online OR download a paper form. Submit your report and fees to the Illinois Secretary of State.
The annual report must be filed by an officer of the corporation who is listed in the reports section for officers. A maximum six officers and six directors may be entered via the web form. The registered agent and/or registered office cannot be changed via an electronically filed annual report.
Domestic Illinois Corporation Annual Report Requirements: Agency:Illinois Secretary of State - Business Services DepartmentForm:BCA 14.05 D: Domestic Corporation Annual ReportFiling Method:Mail or online.Agency Fee:$75 annual report fee + franchise tax (varies) +$1.69 transaction fee4 more rows

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