Each state has different requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation.
At BizFilings, we clearly outline our fees and the Illinois state fees. When you view our pricing to form an LLC you plainly see:
The LLC name must end with "Limited Liability Company," "LLC" or "L.L.C." Use of dashes in a name often is not approved by the state. The name must be distinguishable from the name of any domestic or foreign LLC authorized to transact business or a name to which exclusive right is, at the time, reserved or registered. Words such as "Bank" or "Trust" and variations thereof require approval from the Department of Banks and Trusts.
The following are Illinois’s requirements for the members/managers of LLCs:
The document required to form an LLC in Illinois is called the Articles of Organization. The information required in the formation document varies by state. The requirements in Illinois include:
Illinois does not allow professionals, such as accountants, attorneys and physicians to form a professional limited liability company (PLLC) .
View the following additional resources BizFilings has for forming and maintaining companies in Illinois:
The state in which you form your company can provide certain benefits.