Open Corporation In Illinois

The corporation must appoint a registered agent who has a business address within the state of illinois.

Open corporation in illinois. Your registered agent can be an individual resident of the state or a company that s legally authorized to. A registered agent is a person or entity that accepts tax and legal documents on behalf of an llc or corporation. When the articles are filed an initial franchise tax is also due. When you decide to open a corporation in illinois there are a number of considerations you need to make.

Everything you need to know. Exact name date of formation registration in illinois jurisdiction duration name of the registered agent and address of the registered office. All corporations filed on line will have the following purpose. Corporations are also required to pay state and federal income taxes.

To form a corporation in illinois you need to take the steps set forth below. Ready to start a corporation in illinois. Choose an illinois registered agent. The illinois secretary of state requires a fee when filing articles of incorporation or reserving a corporation name.

Corporation llc search certificate of good standing type of search the department of business services database includes information regarding corporations not for profit corporations limited partnerships limited liability companies and limited liability partnerships as well as other business related information. Corporation company incorporated limited corp co inc. The shareholders then elect a board of directors which elects a president and other officers who run the company on a day. Your corporation s name must contain the word corporation company incorporated limited or an abbreviation of one of those words.

When you decide to open a corporation in illinois there are a number of considerations you need to make. The transaction of any or all lawful purposes for which corporations may be incorporated under the illinois business corporation act professional corporations medical corporations close corporations or business corporations with a specific purpose cannot be filed on line. The file detail report on a corporation or limited liability company includes the most commonly requested information on the business entity i e. A post office box cannot be the registered address.

The corporation name must include one of the following words or abbreviations. Open corporation in illinois. When you file your illinois articles of incorporation you will be asked to give the name of your illinois registered agent. Choose a corporate name.

A corporation is a distinct legal entity and is the most complex form of organization. You can also use nolo s online corporation service which will form a corporation for you with everything you need.