Ready to start a corporation in illinois.
Open corporation in illinois.
Exact name date of formation registration in illinois jurisdiction duration name of the registered agent and address of the registered office.
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.
When the articles are filed an initial franchise tax is also due.
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.
Your corporation s name must contain the word corporation company incorporated limited or an abbreviation of one of those words.
You can also use nolo s online corporation service which will form a corporation for you with everything you need.
The illinois secretary of state requires a fee when filing articles of incorporation or reserving a corporation name.
This is a major decision and is not always the most ideal.
When you decide to open a corporation in illinois there are a number of considerations you need to make.
A post office box cannot be the registered address.
All corporations filed on line will have the following purpose.
Your registered agent can be an individual resident of the state or a company that s legally authorized to.
Everything you need to know.
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.
A registered agent is a person or entity that accepts tax and legal documents on behalf of an llc or corporation.
The corporation name must include one of the following words or abbreviations.
The file detail report on a corporation or limited liability company includes the most commonly requested information on the business entity i e.
A corporation is a distinct legal entity and is the most complex form of organization.
Open corporation in illinois.
To form a corporation in illinois you need to take the steps set forth below.
Corporations are also required to pay state and federal income taxes.
Choose a corporate name.
Choose an illinois registered agent.
