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What is the late fee for corporate annual report in Illinois?
Penalties for Late Filing Failing to file your Illinois annual report on time can lead to serious consequences, including: Late Fees A $100 penalty for corporations and LLCs.
How do I pay my annual report in Illinois?
Payment of fees due in connection with the on-line filing of an Annual Report may only be made by using an electronic fund transfer or a Visa, MasterCard, Discover or American Express credit card. Payment of all fees due is required during the electronic filing process.
What is the late fee for late filing of annual return?
Penalty Charge More than 15 days and up to 30 days (Sections 93, 139 and 157) and up to 30 days in remaining forms. The penalty for not filing a companys annual return (Form MGT-7 and Form AOC-4) is set to be increased to Rs. 200 per day.
What is the annual filing fee for an LLC in Illinois?
Form NumberForm NameFee LLC 50.1 Limited Liability Company Annual Report $75 LLC 50.25 LLC Request Form for Certificate of Good Standing and/or Copies of Documents LWCA 1.36 Illinois Limited Worker Cooperative Association Act Statement of Change of Registered Agent and/or Registered Office $2547 more rows
Who needs to file an Illinois annual report?
All Illinois corporations, LLCs, nonprofits, and LPs must file an annual report each year with the Illinois Secretary of State, Department of Business Services. In addition to filing an annual report, every corporation must also pay an annual franchise tax.
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What Happens If You Dont File? Usually a state will smack your business with a late penalty, as a kind of warning shot, to get you to file your annual report as soon as possible, and youll usually have a second deadline before the state takes any further action against your business.
How much does it cost to file an annual report for an LLC 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.
Does Illinois require an annual report?
All Illinois business entities are required to file an annual report by the last day of the month prior to their anniversary month. So, if you formed your business on January 15, you would need to file your annual report by December 31.
by IF STATEMENTS 2016 to be used by preparers of a not-for-profit entitys (NFPs) financial statements prepared in conformity with accounting principles
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