Illinois form llc 501 2011-2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering your LLC's name in the designated field. Ensure that the name complies with Illinois naming requirements.
  3. Next, provide the address of your principal office. This should be a physical address, not a P.O. Box.
  4. Fill in the details of your registered agent, including their name and address. This is crucial for legal correspondence.
  5. Complete the section regarding the duration of your LLC. If it’s perpetual, simply indicate that; otherwise, specify an end date.
  6. Review all entered information for accuracy before proceeding to sign and date the form electronically using our platform.

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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.
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.
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.
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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