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How much does it cost to file an LLC annual report in Illinois?

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.

How much is the annual report for LLC?

Initial and Annual Fees for LLCs StateFiling FeeAnnual Fee California LLC $70 $800 Franchise Tax (LLCs formed between January 2021 and January 1st 2024 are exempt for first year.) $20 Statement of Information Colorado LLC $50 $10 Connecticut LLC $120 $80 Delaware LLC $110 $30049 more rows

What happens if you don t file annual report for LLC in Illinois?

Failing to file your Illinois annual report on time can lead to serious consequences, including: Late Fees A $100 penalty for corporations and LLCs. Loss of Good Standing Can impact financing and business operations.

How much is the annual report for an LLC in Illinois?

What is IL LLC-35.15? IL LLC-35.15 is a form used in Illinois for reporting the information of a limited liability company (LLC) to the Illinois Secretary of State.

What is the LLC 35 15 form in Illinois?

How to Remove Manager in Illinois LLC Fill out LLC 5.25. This form is available here for download. 1) Enter the LLC name. Submit it online. Online submission is not an option for this filing. Submit it by mail. 1) Print and sign the form in DUPLICATE. 2) Payment may be made by check payable to Secretary of State.