A Guide for Organizing Domestic Limited ... - Illinois Secretary of State 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling out Article 1, which requires you to provide a distinguishable name for your LLC. Ensure it includes 'Limited Liability Company' or its abbreviation.
  3. In Article 2, enter the principal place of business address. This can be outside Illinois but must be a valid street address.
  4. For Article 3, specify the effective date of your LLC's formation. You can choose the filing date or a later date within 60 days.
  5. Complete Article 4 by designating a registered agent and office in Illinois. This is crucial for receiving legal documents.
  6. In Article 5, outline the purpose of your LLC. You may use the general purpose clause provided in the form.
  7. Finalize by signing in Article 9, ensuring all organizers' names and addresses are typed clearly below their signatures.

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In general, the base price for an Illinois LLC is $150. That is the only required fee for all new LLCs in the state. You can choose to add on services, such as hiring a registered agent or paying for expedited processing of your application.
Although requirements can vary by state, these are the basic steps for setting up an LLC. Step 1: Choose a formation state for your LLC. Step 2: Select a name for your LLC. Step 3: Choose a registered agent. Step 4: Determine the LLC management structure. Step 5: Draft your LLC operating agreement.
Some other drawbacks to LLCs include: If you sell 50% or more of your ownership in the limited liability company in any one year, it ends the tax advantages of the limited liability company. Owners of a limited liability company pay greater unemployment taxes on their earnings than corporate officers.
The state simply forms your LLC according to their laws governing businesses. They dont care if you have 1 member or 99 members. They just need to legally have someone listed as the Organizer, so they can respond to them if there is an error in the filing.
Yes, you can be your own LLC organizer. If authorized to do so by the members of the LLC, any entity or person 18 years of age or older may serve as an organizer of a limited liability company.

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Domestic limited liability companies are a formal business structure registered at a state level (usually at the Secretary of State), and can be registered in other states they are doing business (such registration is called a foreign registration).

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