
LLC45.5(S)Illinois Limited Liability Company ActForm May 2018 Secretary of State Department of Business Services Limited Liability Division 501 S. Second St., Rm. 351 Springfield, IL 62756 2175248008 www.cyberdriveillinois.comApplication.
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How to fill out the IL LLC-45.5(S) online
The IL LLC-45.5(S) form is essential for Limited Liability Companies (LLCs) looking to transact business in Illinois. This guide will walk you through each component of the form, ensuring that you have the necessary information to complete it accurately and efficiently.
Follow the steps to complete the IL LLC-45.5(S) form online.
- Press the ‘Get Form’ button to obtain the form and open it in your online editor.
- Indicate the Limited Liability Company name in the designated field. Ensure the name includes 'Limited Liability Company,' 'LLC,' or 'L.L.C.' and complies with naming regulations.
- If applicable, fill in the assumed name field, which is necessary if your chosen LLC name is unavailable in Illinois.
- Provide the jurisdiction of organization where your LLC was initially established.
- Enter the date of organization to specify when your LLC was created.
- State the period of duration. Generally, you can enter 'Perpetual' unless a specific dissolution date is stated in your agreement.
- Fill in the address of the office required in your jurisdiction. Please note that a P.O. Box alone or 'c/o' is not acceptable.
- Enter the name and details of the registered agent, ensuring to include the full name, address, and confirming that the agent has a presence in Illinois.
- If your company began conducting business in Illinois, provide the date in the appropriate field.
- Describe the purpose for which the LLC is organized and intends to conduct business in Illinois.
- Mark whether your LLC is managed by managers or members by checking the appropriate box.
- List the names and business addresses of all managers and any members with management authority.
- Acknowledge the appointment of the Illinois Secretary of State as the agent for service of process by confirming the statement in the form.
- Attach a Certificate of Good Standing or Existence, which must be authenticated and dated within the last 60 days.
- Affirm the application accuracy by signing, dating, and printing your name and title, acknowledging your authority to submit the application.
- Once all fields are completed, save changes, and proceed to download, print, or share the form as needed.
Start completing your IL LLC-45.5(S) form online today.
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Get answers to your most pressing questions about US Legal Forms API.
How long does an LLC last in Illinois?
You may register online, or by mail by filing an Application to Adopt, Change, Cancel, or Renew an Assumed Name (Form LLC-1.20). The registration is good for up to five years. The filing fee ranges from $30 to $150 per year.
How do I maintain an LLC in Illinois?
The LLC is required to file an Annual Report with the Secretary of State to maintain its existence. The report is due each year prior to the first day of the month in which the company was organized.
How often do you have to renew your LLC in Illinois?
Filing an Illinois LLC Annual Report. After you form an LLC in Illinois, you must file an Annual Report and pay a $75 fee every year. You need to file your Annual Report in order to keep your Illinois LLC in compliance and in good standing with the Illinois Secretary of State.
Do I need to renew my LLC every year in Illinois?
After you form an LLC in Illinois, you must file an Annual Report and pay a $75 fee every year. You need to file your Annual Report in order to keep your Illinois LLC in compliance and in good standing with the Illinois Secretary of State.
What is a Series LLC in Illinois?
Series LLCs Illinois is one of only a few states that permits the organization of a type of limited liability company commonly referred to as a "Series LLC." Such a company has the ability to create within itself separate "series" or "cells" that have their own inter- ests, liabilities and members.
What is the il filing fee for an LLC?
Form NumberForm NameFeeLLC 50.1Limited Liability Company Annual Report$75LLC 50.25LLC Request Form for Certificate of Good Standing and/or Copies of DocumentsLWCA 1.36Illinois Limited Worker Cooperative Association Act Statement of Change of Registered Agent and/or Registered Office$2547 more rows
How long does it take for an LLC to be approved in Illinois?
Mail filings: In total, mail filing approvals for Illinois LLCs take 3-4 weeks. This accounts for the 7-14 business day processing time, plus the time your documents are in the mail. Online filings: In total, online filing approvals for Illinois LLCs take 5-10 business days.
What is the yearly cost of an LLC in Illinois?
All Illinois LLCs need to pay $75 per year for the Annual Report. These state fees are paid to the Secretary of State. And this is the only state-required annual fee. You have to pay your Annual Reports every year to keep your LLC in good standing.
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