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Illinois Professional LLC Annual Report Requirements: Due: Annually by the end of the month prior to the registration anniversary month. So if you formed or foreign-qualified on February 14th, then your annual report is due January 31. Reports may be filed up to 60 days prior to the start of the anniversary month.
If you forget to file your annual report, youll receive a warning letter from the Secretary of State. If you still dont file, the next step is administrative dissolution. This means that your LLC is no longer recognized as a legal entity, and you lose the protections that come with being an LLC.
Filing an Illinois LLC Annual Report. 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.