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Technically, you can get an LLC for free by doing the LLC paperwork to create a limited liability company yourself. However, the state registration fee in Illinois is $150.
Do I need to file an annual report for my LLC in Illinois?
The following are a few taxation requirements and ongoing fees for Illinois LLCs: Annual report. Illinois requires LLCs to file an annual report during the 60-day period before the first day of the anniversary month of the incorporation date.
How much is the annual report for an LLC in Illinois?
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.
What is the penalty for not filing an annual report on an LLC in Illinois?
Penalties and Interest Calculations Non-compliance by an LLC At this point, your late penalty is $100.00 on top of your annual report fee of $75.00, which also requires the submission of the annual report (form LLC 50.1).
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Illinois form llc 501 2011 pdfIllinois form llc 501 2011 templateIllinois form llc 501 2011 instructionsIllinois form llc 501 2011 onlineIllinois LLC Annual Report onlineFile LLC-50.1 onlineLLC Annual report IllinoisLLC-5.5 form
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