How to Incorporate in Illinois
We can incorporate your company in any State for
much less than an attorney and less than our competitors.
Since 2001, weve formed thousands of corporations and
LLCs for our clients.
5 Steps to Incorporate or Form an LLC in Illinois
1. Make sure your company name choice is available.
Your company name must include the correct corporate
or LLC identifier:
Corporations: "Corporation", "Incorporated"
or an abbreviation.
LLCs: "Limited Liability Company" or an
Name Restrictions: The word "trust", "trustee",
or "fiduciary" may be used by a corporation
only if it has first complied with Section 1 9 of the
Corporate Fiduciary Act. The word "bank",
"banker" or "banking" may only be
used by a corporation if it has first complied with
Section 46 of the Illinois Banking Act. LLCs cannot
use: "Corporation," "Corp.," "Incorporated,"
"Inc.," "Ltd.," "Co.,"
"Limited Partnership" or "L.P."
2. File the correct
paperwork with the States filing office.
For Corporations you must file "Articles of
Incorporation", for LLCs you must file "Articles
3. Hold the "Organizational
Meeting" and adopt the companys Bylaws (Corporations)
or Operating Agreement (LLCs).
4. Obtain a Federal
Employer Identification Number (FEIN) for your company
and open a company bank account.
5. Get a local business
license from the city (or county) where you will be
MyNewCompany.com can assist you will all the steps above
. Our service includes:
- Checking your company name for availability.
- Preparing and filing the formation paperwork
with the appropriate State filing office.
- Preparing your "Organizational Meeting
minutes" and Bylaws or Operating Agreement
"ready for signature" with step-by-step
- We can help you obtain your FEIN by preparing
the appropriate form (allowing your to obtain your
FEIN instantly over the phone once your filing is
- A Startup Checklist for Illinois that includes
the remaining steps to properly setup your company
with links to all the government agencies in your
State. (NOTE: Click
here for our basic startup checklist for any
- Our partner, Business Licenses, LLC can assist
you with finding, filling and submitting the necessary
forms to get your local business license online.
to submit your business license online (after
youve completed steps 1-4 above).
In Illinois, you can authorize an unlimited
number of shares of No Par Value stock.
due annually prior to the month of original filing.
Annual Report Fee: $75 for corporations; $250 for