You asked: How much does it cost to register a foreign LLC in Illinois?

The cost for registering an Illinois foreign LLC is $150. You can register a foreign LLC in Illinois by filing an Application for Admission to Transact Business (Form LLC-45.5).

Does a foreign LLC need to register in Illinois?

Transacting Business in Illinois

According to Illinois’s LLC Act, you are required to register your foreign company with the state of Illinois if you are “transacting business” in Illinois.

How do I register a foreign LLC in Illinois?

A foreign LLC registration begins by filing an Application for Admission to Transact Business. The form is submitted in duplicate to the Secretary of State Department of Business Services. It must be accompanied by a Certificate of Good Standing or Existence authenticated in the last 60 days. Pay the Filing Fee.

How much does it cost to register an LLC in Illinois?

How much does it cost to form an LLC in Illinois? The Illinois Secretary of State charges $150 to file the Articles of Organization. You can reserve your LLC name with the Illinois Secretary of State for $25.

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How much does foreign qualification cost?

To foreign qualify an LLC in California, you file an Application to Register a Foreign LLC with the Secretary of State. You’ll pay at least $90 in state fees (a $70 registration fee and the $20 Initial Statement of Information fee mentioned below).

Can a foreign LLC own property in Illinois?

State permission is not required for foreign investors to acquire or own real property in Illinois. While foreign companies “transacting business” in Illinois must get authority from the Illinois Secretary of State, mere ownership of real estate does not constitute transacting business (see Question 1).

Do I need to register as a foreign LLC?

If your company is conducting business in any other states than the state where you incorporated (or formed an LLC), then you need to register your business in those new states. This is often called “foreign qualification.”

How much does it cost to register a business in Illinois?

Illinois Corporation

Incorporation: $150 filing fee + franchise tax ($25 minimum) + optional $100 expedite fee. The expedite fee is required if you file online. Franchise tax is calculated as $1.50 per $1,000 on the paid-in capital represented in this state.

What does foreign LLC mean?

It is a classification used for companies that do business in states other than the home state where the LLC was formed. States require companies to register as foreign LLCs to ensure they meet regulatory and tax requirements, and the term “foreign” simply means the company was set up in a different state.

How do I apply for foreign qualification in Illinois?

A foreign corporation qualification starts with filing an Application for Authority to Transact Business in Illinois. This form is filed with the Secretary of State Department of Business Services. There is a $150 filing fee for this form, as well as an accompanying franchise tax fee. The minimum FT is $25.

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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 long does it take to register an LLC in Illinois?

It normally takes 3-4 weeks for the LLC paperwork to be approved in Illinois. Expedited processing (typically 1 business day) is also available for an additional fee.

Can you start an LLC in another state?

Yes. You can register your LLC in a different state if you comply with the laws and regulations of both states.

How do I start a foreign LLC?

To register your out-of-state LLC, you must submit an Application to Register Foreign LLC. The filing fee is $70. You must include with this filing your current Certificate of Good Standing. Once your filing is processed, the Secretary of State will return one plain copy of your filed document for free.

How do I change my LLC to foreign?

To register the foreign LLC, you will need the information from the Articles of Organization and you will need a copy of the official LLC document from the state. Next, determine if you are “doing business” in another state and are thus required to register as a foreign LLC in that state.

How do I set up an International LLC?

Steps to Form an Antigua ILLC

  1. Choose a unique name for your ILLC.
  2. Prepare and file articles of incorporation along with an application and eligibility declaration. Upon approval, you will be issued a certificate of organization.
  3. Appoint a local registered agent.
  4. Members may adopt an LLC operating agreement.
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