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To register a foreign corporation in Illinois, you must file an Illinois Application for Authority with the Illinois Secretary of State, Department of Business Services. You can submit this document by mail or in person. The Application for Authority for a foreign Illinois corporation costs $175 to file.
How do I form a professional corporation in Illinois?
Steps for Forming an Illinois Professional Corporation. ... Step 1: Choose a name for your Illinois PC. ... Step 2: Select an Illinois registered agent. ... Step 3: Complete your Illinois Articles of Incorporation. ... Step 4: Establish a corporate record in Illinois. ... Step 5: Designate an Illinois PC board of directors.
What is considered a foreign corporation?
A foreign corporation is a corporation which is incorporated or registered under the laws of one state or foreign country and does business in another. In comparison, a domestic corporation is a corporation which is incorporated in the state it is doing business in.
Do I need to register as a foreign corporation in Illinois?
According to Illinois's LLC Act, you are required to register your foreign company with the state of Illinois if you are "transacting business" in Illinois.
How do I register as a foreign entity in Illinois?
To register a foreign corporation in Illinois, you must file an Illinois Application for Authority with the Illinois Secretary of State, Department of Business Services. You can submit this document by mail or in person. The Application for Authority for a foreign Illinois corporation costs $175 to file.
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\u200bDomestic 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 does foreign BCA mean?
Foreign BCA A corporation organized in another state who is requesting the authority to transact business in Illinois by filing the BCA 13.15 form is considered a foreign corporation in the State of Illinois.
How much does it cost to register a foreign LLC in Illinois?
The cost for registering an Illinois foreign LLC is $150. You can register a foreign LLC in Illinois by filing an Application for Admission to Transact Business (Form LLC-45.5).
What is considered doing business in Illinois?
Simply put, qualifying means that your company will be required to provide some corporate, financial, organizational and officer information to the Secretary of State on their prescribed forms and obtain and attach copies of the certified evidence of your company's filing history and evidence of your company's status ...
What is a foreign corporation in Illinois?
DEFINITION. A foreign corporation is a corporation organized under the laws of a state or country other than Illinois.
Related links
Domestic and Foreign Corporations Publications/Forms
FeeExpedited Fee; in addition to feePhotocopy/Certified CopyVariesVariesBCA 1.15Statement of Correction$50N/ABCA 1.17Petition for Refund or Review$5N/A
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