The Chicago Illinois Articles of Organization for Domestic Limited Liability Company (LLC) is a legal document that must be filed with the Illinois Secretary of State when establishing a limited liability company in the state of Illinois. It provides essential information about the company and its structure. The articles of organization typically include the following key details: 1. Name of the LLC: The chosen name should comply with Illinois naming guidelines and include the words "Limited Liability Company" or its abbreviation "LLC." It should also be distinguishable from any existing businesses in the state. 2. Registered Agent: The articles must specify the name and address of the LLC's registered agent. This individual or entity serves as the official point of contact, responsible for receiving legal documents and correspondence on behalf of the LLC. 3. Principal Place of Business: The articles must state the street address of the LLC's principal place of business. This address will be considered the primary location of the LLC's operations. 4. Duration of Existence: The articles will define the duration of the LLC's existence, which can be perpetual or for a specified period. 5. Purpose of the LLC: The articles should clearly state the nature of the LLC's business activities. It is often beneficial to define the purpose broadly to allow for future business growth and diversification. 6. Management Structure: The articles must specify whether the LLC will be member-managed or manager-managed. In member-managed LCS, all members have the authority to manage the company. In manager-managed LCS, members appoint designated managers to handle daily operations. 7. Members' Rights and Obligations: The articles may outline the rights, responsibilities, and obligations of the LLC's members, such as profit distribution, voting rights, and buyout provisions. 8. Organizer's Information: The articles should provide the names and addresses of the LLC's organizers, who are responsible for filing the document. It is important to note that the Chicago Illinois Articles of Organization for Domestic Limited Liability Company LLC apply to all LCS across the state of Illinois, not just those located in the city of Chicago. The term "Chicago" in the description is used to specify the location within the state. While the information provided above covers the general requirements for the articles of organization, it is essential to consult the official guidelines and forms provided by the Illinois Secretary of State's website for the most up-to-date and accurate instructions.
Chicago Illinois Articles of Organization for Domestic Limited Liability Company LLC
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How to fill out Illinois Articles Of Organization For Domestic Limited Liability Company LLC?
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Illinois LLC taxes and fees The following are taxation requirements and ongoing fees for Illinois LLCs: Annual report. Illinois requires LLCs to file an annual report during the 60-day period before the first day of the anniversary month of the incorporation date. The annual report fee is $250.
File Your Articles of Organization 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 have the formation be effective on the filing date or at a later time, as long as it does not exceed 60 days.
A domestic limited liability company (LLC) is an entity that is: formed under state law by filing articles of organization as an LLC, where none of the members of an LLC are personally liable for its debts, and.
To purchase a copy of your Articles of Incorporation and/or other documents on file with our office, please see our copy request page for more information. Visit the Corporate/LLC Information Search page and enter the exact name or a file number.... Home > > Departments > Business Services > How Do I?
Do LLCs need to obtain business licenses in Illinois? The short answer is yes, an LLC will still need to obtain a business license in Illinois.
To purchase a copy of a corporation's Articles of Incorporation, please visit the Illinois Secretary of State Department of Business Services website - or contact them at (217) 524-8008.
File Your Articles of Organization 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 have the formation be effective on the filing date or at a later time, as long as it does not exceed 60 days.
The most important step for forming an LLC in Illinois is to file articles of organization with the Illinois Secretary of State. You can either file your articles online for faster processing or mail in Form LLC-5.5. The filing fee is $150.
How do I check to see if a Corporation/LLC name is available? The Illinois Secretary of State Department of Business Services provides a database at where you can do a preliminary search. LLC's - 217-524-8008.
Illinois does not require an Operating Agreement to be submitted to the Secretary of State when filing your Articles of Organization paperwork, but the law does allow for an Operating Agreement to be adopted by the members of the LLC.
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The Articles of Organization form contains information such as the name and address of the legal entity, name of the member or members of the limited liability company (including the registered agent and address, the type of business they will be doing and the purpose of their relationship with the corporation×, a list of the name’s) of individuals or groups involved, the purpose of the corporation and the location of business, and a statement that the articles of organization were filed in the State of Illinois. The Articles of Organization must be filed with the Division of Business Services, Department of Business Services by January 30, in order for the company to begin operating before the end of 2014. The initial articles of organization must be filed within one year of the date the company is formed.
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