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The document is an application form (BCA 13.15) for corporations seeking authority to transact business in Illinois, as per the Business Corporation Act. It outlines required information such as corporate name, address, registered agent details, purpose of incorporation, share structure, estimated property values, and necessary payment instructions. The form must be submitted in duplicate and includes a certification section for authorized officers.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Why do I need a foreign LLC?

If your partner is working with a majority of your clients in her home state, then you will probably need to register for a foreign qualification in California.

What is the difference between LLC and foreign LLC?

A domestic LLC or corporation is a business that is formed within its home (domestic) state. Foreign qualification is when a legal entity conducts business in a state or jurisdiction other than the one in which it was originally formed. (It is not to be confused with being a business in a foreign country.)

What is an Illinois BCA?

BCA is the acronym for Business Corporation Act of Illinois. When you see BCA Corporation, it means a corporation registered with Illinois pursuant to the Business Corporation Act of 1983, as amended. By-Laws: By-Laws spell out how your company will operate.

Do I need to register as a foreign LLC in Illinois?

Transact Business in Illinois A Foreign Limited Liability Company must complete LLC 45.5, Application for Admission to Transact Business. Forms must be submitted in duplicate and accompanied by a certificate of good standing from the state where the company is organized.

How much is the annual report fee for a foreign LLC in Illinois?

Foreign Illinois Corporation Annual Report Requirements: Mail. Agency Fee: $75 annual report fee + franchise tax (varies) An additional $5 fee applies if the entity needs to report changes in issued shares or paid-in capital.

form bca 13 15

BCA 13.15 instructions Illinois BCA 14.30 instructions Illinois form BCA 14.05 foreign corporation annual report Illinois foreign corporation registration online Is a domestic BCA an S corp Illinois Secretary of State BCA 12.20 instructions Illinois Certificate of authority search

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How to calculate Illinois franchise tax?

Illinois franchise tax is calculated by multiplying 0.001 by an estimate of the portion of your business that takes place in Illinois, multiplying that by Paid-in Capital, before adding penalties/interest (if applicable) and a Filing Fee. The annual report form has a worksheet to calculate what you owe.

Do I need a certificate of status for my LLC in IL?

Illinois Domestic Entity Certificate of Good Standing LLCs: An Illinois Certificate of Good Standing for an LLC certifies the LLCs formation date; that the LLC is a domestic entity; that the LLC has appeared to have complied with state statutes governing LLCs; and that the LLC is in good standing.

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Why do I need a foreign LLC?

What is the difference between LLC and foreign LLC?

What is an Illinois BCA?

Do I need to register as a foreign LLC in Illinois?

How much is the annual report fee for a foreign LLC in Illinois?

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How to calculate Illinois franchise tax?

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