Business Formation / LLC Illinois

How Much Does It Cost to Start an LLC in Illinois?

Illinois has standardized fees for forming an LLC, along with a few optional services. Here's everything you need to know:

📝 Initial Formation Costs

• Articles of Organization – $150 (online)
  This is the required filing fee to officially form your LLC with the Illinois Secretary of State.

  • Paper filing is available, but online filing is faster and preferred.
    File online here

• Registered Agent Service – $0 to $300/year
  You can designate yourself or someone you trust as the registered agent, or hire a professional service.

• Operating Agreement – $0 to $500+
  Not required by the state, but recommended to outline your LLC's structure and decision-making process.

• EIN (Employer Identification Number) – FREE
  Required for tax filing, hiring employees, and opening a business bank account. Apply directly via the IRS website.

🔁 Ongoing Costs

• Annual Report – $75/year
  Illinois LLCs must file an annual report each year, due by the end of the anniversary month of formation.

  • There’s a $100 late fee if missed.

• Business License (If Applicable) – Varies by city/county
  Illinois does not have a general statewide business license, but many local jurisdictions (especially Chicago) have their own requirements.

🛑 What additional costs am I responsible for?

In addition to our fee, you will be potentially responsible for the costs of some or all of the items below if applicable.

1. Licenses 
   
2. Filing Fees
3. Reports
4. Name Reservations
5. Articles of Organization