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Do you need to hire a lawyer to start an LLC in Illinois? No, you dont need to. Many small businesses form LLCs on their own.
How much money should you have before starting an LLC?
If your business already earns a profit or if it carries any risk of liability, you should start an LLC immediately. Many folks say you should form an LLC once you earn over $100,000. However, many lawyers insist you start an LLC from the get-go.
How fast can you get an LLC in Illinois?
LLC Processing Time by State StateStandard Processing TimeExpedited Processing Time Illinois 2 - 3 weeks 10 - 12 days Indiana 2 - 3 weeks 4 - 6 days Iowa 2 - 3 weeks 4 - 6 days Kansas 2 - 3 weeks 4 - 6 days47 more rows
How much does it cost to set up an LLC in Illinois?
In general, the base price for an Illinois LLC is $150. That is the only required fee for all new LLCs in the state. You can choose to add on services, such as hiring a registered agent or paying for expedited processing of your application.
What is the fastest way to get an LLC in Illinois?
The Illinois Secretary of State offers several filing options: Filing MethodAppx. Processing TimeFiling Fee Standard Paper 30+ days processing $150 Standard Online 10 business days processing $154 Expedited Online 1-2 business days processing $256
Related Searches
Illinois Secretary of State LLC applicationLLC 5.5 formArticles of Organization IllinoisArticles of Organization Illinois PDFHow to start an LLC in Illinois for freeLLC 5.5 onlineilsos.gov llc renewal onlineIllinois LLC renewal fee
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