How do I register a business in Chicago?

How do I register my business in Chicago Illinois?

Business Registration

  1. electronically register through MyTax Illinois (approximately one to two days to process);
  2. complete and mail Form REG-1, Illinois Business Registration Application, to us at the address on the form (Form REG-1 is available on our web site as a fill-in and savable form. …
  3. visit one of our offices.

How much does it cost to open a business in Chicago?

Illinois Corporation

Incorporation: $150 filing fee + franchise tax ($25 minimum) + optional $100 expedite fee. The expedite fee is required if you file online.

How long does it take to get a Chicago business license?

If you register by mail or fax, you should receive your Certificate of Registration or License in approximately 6-8 weeks.

Where do I go to register a new business?

Most states require you to register with the Secretary of State’s office, a Business Bureau, or a Business Agency.

How do I register my business in Illinois?

How to Form a Corporation in Illinois

  1. Choose a Corporate Name. …
  2. File Articles of Incorporation. …
  3. Appoint a Registered Agent. …
  4. Prepare Corporate Bylaws. …
  5. Appoint Directors and Hold First Board Meeting. …
  6. File Annual Report. …
  7. Obtain an EIN.
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Do I have to register my business in Illinois?

In Illinois, most business are required to be registered and/or licensed by the IDOR. If you plan to hire employees, buy or sell products wholesale or retail, or manufacture goods, you must register with the IDOR. To obtain information contact: Illinois Department of Revenue.

How much is an EIN number in Illinois?

Applying for an EIN for your LLC is free ($0)

Applying for an EIN for your Illinois LLC is completely free. The IRS doesn’t charge anything for applying for an EIN.

How can I register my company?

How to Register a Business

  1. Choose business structure. The first step is to decide on a business structure. …
  2. Find a location. …
  3. Register your business name. …
  4. Register with the IRS. …
  5. Register with state and local agencies. …
  6. Apply for licenses and permits.

What documents do you need to get a business license?

Starting a Business: License and Permit Checklist

  • General business license. …
  • “Doing business as” license or permit. …
  • Federal and state tax identification number. …
  • Sales tax permit. …
  • Zoning permit. …
  • Home occupation permit. …
  • Professional/occupational licenses. …
  • Health permits.

Do I need a license for my business?

Business licenses are issued by all levels of government and, depending on what type of goods you plan to sell, you may need to obtain a business license on federal, state and/or local levels. Certain businesses are required to obtain a federal business license, such as the sale of alcohol or firearms.

How much does it cost to get a small business license in Illinois?

The fee to incorporate in Illinois is $125.00 with an additional fee for expedited filings. Before hiring any employees or making any sales or purchases, you must complete the REG-1 State of Illinois Business Registration Application with the Illinois Department of Revenue.

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How do I register for an LLC?

Steps to Form an LLC

  1. Choose a name for your LLC.
  2. File Articles of Organization.
  3. Choose a registered agent.
  4. Decide on member vs. manager management.
  5. Create an LLC operating agreement.
  6. Comply with other tax and regulatory requirements.
  7. File annual reports.
  8. Out of state LLC registration.