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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.
The State of Illinois requires you to file an annual report for your LLC. You can file the annual report online at the SOS website or by mail using Form LLC-50.1.
To maintain an LLC in Illinois you will need to pay an annual fee of $75 along with sales tax at 6.25%, income tax at 4.95% and federal taxes. Having an Illinois LLC is great for protecting you from personal liability.
You can file online, pay the total $600 fee (with expedite) and your LLC will be processed in 24 hours.
FeeLLC 50.1Limited Liability Company Annual Report$75LLC 50.25LLC Request Form for Certificate of Good Standing and/or Copies of DocumentsLWCA 1.36Illinois Limited Worker Cooperative Association Act Statement of Change of Registered Agent and/or Registered Office$2547 more rows
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To maintain an LLC in Illinois you will need to pay an annual fee of $75 along with sales tax at 6.25%, income tax at 4.95% and federal taxes.
The State of Illinois requires you to file an annual report for your LLC. You can file the annual report online at the SOS website or by mail using Form LLC-50.1.
How long does it take to incorporate in Illinois? Regular processing of articles of incorporation takes about four weeks, plus an additional two or three days to mail the final documents. Regular filing time for an LLC (limited liability company) is between seven and ten business days.
After you form an LLC in Illinois, you must file an Annual Report and pay a $75 fee every year. You need to file your Annual Report in order to keep your Illinois LLC in compliance and in good standing with the Illinois Secretary of State.
The LLC has no Illinois income tax filing requirements.

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