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Click ‘Get Form’ to open it in the editor.
Begin by entering the Corporate Name in the designated field. Ensure it includes 'Corporation', 'Company', 'Incorporated', 'Limited', or an abbreviation of these terms.
Fill in the Initial Registered Agent's details, including first name, middle initial, and last name. Then, provide the complete address for the Initial Registered Office, ensuring you include a valid street number and city.
In the Purposes section, describe the lawful business activities your corporation will engage in. If more space is needed, attach additional sheets.
Complete Paragraph 1 by detailing Authorized Shares and Consideration Received. Specify class types and quantities for shares authorized and proposed to be issued.
If applicable, provide information about directors in Items 5, 6, and 7. Fill out estimated values for property and business transactions as required.
Finally, have all incorporators sign and date the document clearly in black ink before submission.
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How much does a foreign LLC cost in Illinois? Applying for foreign qualification in Illinois comes with a filing fee of $150, plus an extra fee if youll also be applying for an assumed name. Your home state may also charge a fee for a Certificate of Good Standing, which is required with the registration application.
What does domestic BCA mean in Illinois?
Domestic BCA: Any company that files Articles of Incorporation in the State of Illinois under the Business Corporation Act of 1983, as amended is considered a domestic corporation in the State of Illinois.
What is considered a domestic partner in Illinois?
C Corporation vs. The profit distribution in LLCs is not bound by the number of shares held by each member, unlike C Corporations. Additionally, LLCs typically enjoy pass-through taxation, whereas C Corporations are subject to corporate tax rates.
What is the difference between an LLC and a C Corp in Illinois?
The BCA 13.15 Foreign Corporation Requirements allow entities domesticated in a State other than Illinois to conduct business in Illinois. Corporations formed in a State other than Illinois are considered Foreign Corporations.
How much does it cost to register a foreign LLC in Illinois?
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.
illinois bca 2 10
Form bca onlineForm bca pdfIllinois form BCA 13.15 instructionsForm BCA 14.05 ForeignForm BCA 14.05 instructionsIllinois form BCA 14.05 foreign corporation annual reportForm BCA 12.20 instructionsForm BCA 2.10 instructions
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FORM BCA 2.10 (rev. Dec. 2003). ARTICLES OF INCORPORATION. Business Corporation Act. Jesse White, Secretary of State. Department of Business Services. 501 S
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