Illinois Business Start-up Checklist
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How to fill out Business Start-up Checklist?
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Check the Business Servicessection of the SOS website for more details.Obtain Professional Licensing. If you're a member of any one of many professions and occupations, you'll need to be licensed by the State of Illinois.Register an Assumed or Fictitious Business Name (Trade Name)Register a Trademark or Service Mark.
Illinois Corporation Incorporation: $150 filing fee + franchise tax ($25 minimum) + optional $100 expedite fee. The expedite fee is required if you file online. Franchise tax is calculated as $1.50 per $1,000 on the paid-in capital represented in this state.
Business Plan. Almost every business needs a little funding to get started.Partnership Agreement.LLC Operating Agreement.Buy/Sell Agreement.Employment Agreement.Employee Handbook.Non-Disclosure Agreement.Non-Compete Agreement.More items...
What Business Licenses and Permits are Needed in Illinois?What Business Licenses and Permits are Needed in Illinois?General Business License.Building & Zoning Permits.Business Tax Number.Resale Certificate.Professional License.Employer Identification Number (EIN)Assumed Business Name Registration.
Obtain Business Licenses and PermitsThere isn't a requirement in Illinois for sole proprietors to acquire a general business license, but depending on the nature of your business you may need other licenses and/or permits to operate in a compliant fashion.
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.
Who needs an Illinois business license? Any business that sells taxable goods or services needs an Illinois is the Certificate of Registration or License. Some businesses in certain professions or locations will need additional licenses.
How to Start a Business in IllinoisChoose a Business Idea.Decide on a Legal Structure.Choose a Name.Create Your Business Entity.Apply for Licenses and Permits.Pick a Business Location and Check Zoning Regulations.Review Your Tax Registration and Reporting Requirements.Obtain Insurance.More items...
Illinois does not issue business licenses at the state-level, but you may have local requirements for licenses and permits, which may be enforced at the county, city, and local level. Contact your county, city, and/or town: You'll need to contact the county, city, and/or town where your LLC will be doing business.
