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  • Il Bca 13.15 2003

Get Il Bca 13.15 2003

Print Form BCA13.15 APPLICATION FOR AUTHORITY TO TRANSACT BUSINESS IN ILLINOIS (Rev. Jan. 2003) Jesse White, Secretary of State Department of Business Services Springfield, IL 62756 Telephone (217).

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How to fill out the IL BCA 13.15 online

The IL BCA 13.15 form is essential for corporations seeking to transact business in Illinois. This guide will provide you with a comprehensive, step-by-step approach to effectively complete the form online, ensuring accuracy and compliance.

Follow the steps to fill out the IL BCA 13.15 online.

  1. Click ‘Get Form’ button to access the form and open it in the online editor.
  2. In section 1, enter the corporate name. If the name is unavailable, provide an assumed corporate name in section 1(b). Ensure to agree to not use the corporate name in Illinois transactions if you select an assumed name.
  3. Complete section 2 with the state or country of incorporation, date of incorporation, and the period of duration. This information is critical to establish your corporate identity.
  4. Section 3 requires the address of your principal office, as well as the principal office in Illinois if applicable. If there is no office in Illinois, state that clearly.
  5. Provide the name and address of your registered agent and registered office in Illinois in section 4. Make sure the registered agent is available during business hours to receive legal documents.
  6. List states and countries where your corporation is qualified to conduct business in section 5, including your state of incorporation.
  7. In section 6, list the names and addresses of officers and directors. Ensure to provide accurate titles for each individual listed.
  8. Describe the purpose of your corporation in section 7. If space is inadequate, include additional sheets.
  9. Section 8 requires information about the authorized and issued shares. Provide the number of shares for each class, series, and par value accurately.
  10. Fill in section 9 with the amount for paid-in capital, which is equal to the total account of stated capital and paid-in surplus.
  11. Complete section 10 with estimates of the total value of all property for the upcoming year and related business transactions in Illinois.
  12. In section 11, answer the interrogatories regarding the current transaction of business in Illinois, including the commencement date if applicable.
  13. Attach a certified copy of your articles of incorporation within the last ninety days as instructed in section 12.
  14. Finally, section 13 should be signed by a duly authorized officer of the corporation. Make sure the signature is in black ink and the date is correctly noted.

Ready to take the next step? Complete the IL BCA 13.15 form online today.

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Foreign LLCs in Illinois need to register with the Illinois Secretary of State by submitting an Application for Admission to Transact Business and paying a state filing fee of $150 (add $100 for expedited filing).

How Is Paid-In Capital Calculated? Paid-in capital is the total amount received by a company from the issuance of common or preferred stock. It is calculated by adding the par value of the issued shares with the amounts received in excess of the shares' par value.

Paid-in capital (also paid-up capital and contributed capital) is capital that is contributed to a corporation by investors by purchase of stock from the corporation, the primary market, not by purchase of stock in the open market from other stockholders (the secondary market).

​Domestic BCA Any company that files Articles of Incorporation in the State of Illinois under the Business Corporation Act of 1983, as amended is considered a domestic corporation in the State of Illinois.

Additional paid-in capital (APIC) is also known as capital surplus or share premium. These entries show the amount a corporation raised on shares over their face value. For example, if 100 common stock shares at $1 face value are sold at a price of $2 per share, the additional paid-in capital is $200.

Background: Each domestic and foreign Illinois Corporation is required to pay franchise tax at the time of filing its first report of issued shares (articles of Incorporation or application for authority) for the privilege of exercising its franchises in the State of Illinois.

PAID-IN CAPITAL: Paid-in capital is the amount of money or other property paid to the corporation for, or on account of, the issued shares, less expenses incurred with the issuance of shares, plus any cash or other consideration contributed to the corporation.

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  • Bankruptcy
  • Bill of Sale
  • Corporate - LLC
  • Divorce
  • Employment
  • Identity Theft
  • Internet Technology
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  • Power of Attorney
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IL BCA 13.15
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