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Domestic BCA: Any company that files Articles of Incorporation in the State of Illinois under the Business Corporation Act of 1983, as amended is considered a domestic corporation in the State of Illinois.
The state application fee is $150 for regular mailed filings, but the approval process can take up to 45 days.
To amend your Articles of Organization for an Illinois LLC, you must file Articles of Amendment with the Illinois Secretary of State, Department of Business Services, Limited Liability Division, along with a $50 filing fee.
A domestic LLC or corporation is a business that is formed within its home (domestic) state. Foreign qualification is when a legal entity conducts business in a state or jurisdiction other than the one in which it was originally formed. (It is not to be confused with being a business in a foreign country.)
Specific Rules for Illinois Business Names The name of a corporation or foreign corporation must contain: Shall contain, separate and apart from any other word or abbreviation in such name, the word "corporation", "company", "incorporated", or "limited", or an abbreviation of one of such words.
A ?professional corporation? is a corporation organized under the Professional Service Corporation Act solely for the purpose of rendering one category of professional service or related professional services and which has as its shareholders, directors, officers, agents and employees (other than ancillary personnel) ...
Articles of Incorporation in Illinois ask for: Name. ... Initial Registered Agent's Name, Address, and Mailing Address. ... Purpose (optional) ... Authorized shares. ... Directors (optional) ... Estimated Values (optional) ... Other Provisions (optional) ... Name and address of incorporator(s)