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In addition to the initial filing fee, all LLCs must pay the annual renewal fee of $75 to keep their business in good standing.
Illinois Domestic Entity Certificate of Good Standing LLCs: An Illinois Certificate of Good Standing for an LLC certifies the LLCs formation date; that the LLC is a domestic entity; that the LLC has appeared to have complied with state statutes governing LLCs; and that the LLC is in good standing.
Illinois LLC Annual Report Fee ($75/year) You simply confirm the information on the Annual Report, file it with the Illinois Secretary of State, and pay the Illinois Annual Report fee. The Illinois LLC Annual Report costs $75 per year. This fee is paid every year for the life of your LLC.
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
The Articles of Organization may list one or more specific purposes and/or a general statement of purpose. The Illinois Limited Liability Company Act permits Illinois LLCs registered with the Secretary of State to be formed for any lawful purpose.
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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
Each member of a limited liability company needs to pay 12.4% of the LLCs profits for Self-Employment taxes, in addition to 2.9% for Medicare. Furthermore, they must pay the flat rate Illinois State Income Tax, 4.95%. See the Illinois Department of Revenue for more information on the Illinois LLC tax rate.

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