About Illinois forms for sole limited liability company
To form an LLC in Illinois, you must file Form LLC-5.5, or the Articles of Organization, with the Secretary of State’s Department of Business Services. You could choose to make the formation effective on the filing date or at a later time, as long as it does not exceed 60 days. You can complete the entire process online.
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6 FAQs about [Illinois forms for sole limited liability company]
What are the filing requirements for a single-member LLC in Illinois?
There are a few things to know about single-member LLC filing requirements in Illinois. First, you’ll need to file an Articles of Organization with the Secretary of State. This document includes information about your LLC, such as the name, address, and contact information for the LLC. You’ll also need to pay a filing fee of $150.
How do I form a limited liability company in Illinois?
A listing of Limited Liability Company forms and publications. Application to Reserve a Name This form does not create a limited liability company. Use form LLC 5.5 to establish an Illinois limited liability company. Articles of Organization To form a Limited Worker Cooperative Association, use form LWCA 25.
Where can I find information about a limited liability company in Illinois?
For more information, please contact the Department of Business Services, Limited Liability Division at 217-524-8008 ext. 7736 or complete the Business Services contact form. The Official Illinois Secretary of State collection of Business Services Limited Liability Company publications and forms.
What is the purpose of an Illinois LLC?
The purpose states the character of the business objectives of an LLC. The Articles of Organization may list one or more specific purposes and/or a general statement of purpose. The Illinois Limited Liability Company Act permits Illinois LLCs registered with the Secretary of State to be formed for any lawful purpose.
Can I use the name of an LLC in Illinois?
These words may only be used in the name of an LLC once the Secretary of State is provid-ed with a statement signed by the Secretary of Financial and Professional Regulation or a designee that grants permission to use one of these words under Section 46 of the Illinois Banking Act (205 ILCS 5/46).
What documents do LLCs need to file for banking?
The foregoing notwithstanding, an LLC cre-ated for the purpose of banking must file Articles of Organization and all other documents with the Department of Financial and Professional Regulation, Division of Banking, by Section 5-55 of the Limited Liability Company Act (805 ILCS 180/5-55).
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