Form with which a corporation may resolve to alter its corporate status top that of a subchapter (S) corporation.
Business For Status In Chicago
State:
Multi-State
City:
Chicago
Control #:
US-0046-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
How to apply for a business license in Illinois Apply online via the MyTax Illinois website. Submit your application by mail by completing and mailing a paper Form REG-1, Illinois Business Registration Application (available as a PDF on the IDOR website) to the address on the form.
Fortune 500 Central – Chicago ranks #2 in the U.S. for Fortune 500 headquarters, with 35 major companies calling our city home. America's Most Diverse Economy – No single sector dominates more than 13% of Chicago's GDP, making it more resilient than other metro areas.
License Application Requirements Information The business name and ownership information. The business address. Square footage of the business location. A detailed description of all business activities conducted on, and off, the business location.
A business license is mandatory for most businesses operating in Chicago, ensuring compliance with local regulations and standards. The application process involves gathering necessary documents, understanding zoning requirements, and can take up to 90 days, with guidance available from the Small Business Center.
Online: Apply online via Chicago Business Direct at .chicago/BusinessDirect. In person: Visit the Small Business Center Visit Us webpage for wait times, location, and hours of operation. In person applications require the submission of a Business Information Sheet.
Business Culture & Etiquette First and foremost, Chicagoans value efficiency and getting things done. Business communication tends to be clear, concise, and to the point. Don't be surprised by a more direct approach in meetings or negotiations – it's seen as a sign of respect for everyone's time.
In Illinois, most business are required to be registered and/or licensed by the IDOR. If you plan to hire employees, buy or sell products wholesale or retail, or manufacture goods, you must register with the IDOR. To obtain information contact: Illinois Department of Revenue.
In general, what constitutes doing business, or qualifying to do business, ultimately revolves around the ability to sue and be sued. Which is why there is a statutory requirement to maintain a registered agent that resides in Illinois for the sole purpose of accepting service of process and State correspondence.
A Chicago business license is required to conduct, engage in, maintain, operate, or manage any business in the City of Chicago. However, there are business activities regulated by the State of Illinois that may be exempt from City licensing.
Start a business in Illinois Choose a business idea. Name your business. Create a business plan. Choose a business structure and get started. Obtain a federal employer identification number (EIN) Obtain business licenses and permits. Examine insurance options in Illinois. Make financial projections.