How do I register my business in Chicago Illinois?
Business Registration
- electronically register through MyTax Illinois (approximately one to two days to process);
- 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. …
- 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
- Choose a Corporate Name. …
- File Articles of Incorporation. …
- Appoint a Registered Agent. …
- Prepare Corporate Bylaws. …
- Appoint Directors and Hold First Board Meeting. …
- File Annual Report. …
- Obtain an EIN.
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
- Choose business structure. The first step is to decide on a business structure. …
- Find a location. …
- Register your business name. …
- Register with the IRS. …
- Register with state and local agencies. …
- 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.
How do I register for an LLC?
Steps to Form an LLC
- Choose a name for your LLC.
- File Articles of Organization.
- Choose a registered agent.
- Decide on member vs. manager management.
- Create an LLC operating agreement.
- Comply with other tax and regulatory requirements.
- File annual reports.
- Out of state LLC registration.