Choose a corporate name.
Open corporation in illinois.
Your registered agent can be an individual resident of the state or a company that s legally authorized to.
To form a corporation in illinois you need to take the steps set forth below.
The illinois secretary of state requires a fee when filing articles of incorporation or reserving a corporation name.
Choose an illinois registered agent.
Corporations are also required to pay state and federal income taxes.
A registered agent is a person or entity that accepts tax and legal documents on behalf of an llc or corporation.
Corporation company incorporated limited corp co inc.
The transaction of any or all lawful purposes for which corporations may be incorporated under the illinois business corporation act professional corporations medical corporations close corporations or business corporations with a specific purpose cannot be filed on line.
When the articles are filed an initial franchise tax is also due.
This is a major decision and is not always the most ideal.
A corporation may sell shares of stock which are certificates indicating ownership to as many people as is desirable.
When you file your illinois articles of incorporation you will be asked to give the name of your illinois registered agent.
The shareholders then elect a board of directors which elects a president and other officers who run the company on a day.
Open corporation in illinois.
The corporation name must include one of the following words or abbreviations.
Corporation llc search certificate of good standing type of search the department of business services database includes information regarding corporations not for profit corporations limited partnerships limited liability companies and limited liability partnerships as well as other business related information.
When you decide to open a corporation in illinois there are a number of considerations you need to make.
The corporation must appoint a registered agent who has a business address within the state of illinois.
You can also use nolo s online corporation service which will form a corporation for you with everything you need.
Ready to start a corporation in illinois.
All corporations filed on line will have the following purpose.
Your corporation s name must contain the word corporation company incorporated limited or an abbreviation of one of those words.
Free and open company data on 185 million companies and corporations in over 130 jurisdictions including us uk switzerland panama.
A corporation is a distinct legal entity and is the most complex form of organization.
The file detail report on a corporation or limited liability company includes the most commonly requested information on the business entity i e.
When you decide to open a corporation in illinois there are a number of considerations you need to make.
