Illinois application business 2025

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Small business means any for profit entity, independently owned and operated, that grosses less than $4,000,000 per year or that has 50 or fewer full-time employees. For the purposes of this Act, a small business has its principal office in Illinois.
The Illinois business registration process involves the following steps: Choose a business idea. Choose a legal business entity. Choose a business name. Form your business with the State of Illinois. Register for business taxes and apply for relevant licenses and permits. Select a location and check zoning regulations.
Registration costs. As mentioned above, the initial fee for filing an LLC in Illinois is $150, with an annual $75 renewal fee. Sole proprietorships and general partnerships are not required to register, so there is no registration cost.
How much does it cost to get a business license in Illinois? Theres no fee to receive a Certificate of Registration and activate your MyTax Illinois account. But if you plan to register an LLC, youll pay a $150 fee to file your Articles of Organization, plus $75 every year to file an annual report.
For most small businesses, registering your business is as simple as registering your business name with state and local governments. In some cases, you dont need to register at all. If you conduct business as yourself using your legal name, you wont need to register anywhere.
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2:50 4:12 First go to apps. Ilsos.gov to access the states online filing. System next enter your proposed.MoreFirst go to apps. Ilsos.gov to access the states online filing. System next enter your proposed. LLC. Name step three enter your business. Address step four enter your registered. Agents.

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