๐Ÿข LLC Cost Calculators Illinois

Illinois LLC Cost Calculator

Calculate the total cost to form an LLC in Illinois. Filing fee: $150. Annual fee: $75. Free Illinois LLC cost breakdown.

Free โ€” No Sign-up Verified Data Editorially Reviewed Updated
Illinois Quick Facts
5.0% Income Tax Rate
2.27% Property Tax Rate
$72,205 Median Income
96.4 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in Illinois include the state filing fee ($150), annual report/franchise fees ($75/year), registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in Illinois.

Key State Information

Illinois LLC filing fee: $150. Annual report fee: $75/year. Illinois's LLC filing fee is moderate.

Standard financial formulas Pre-filled with real state data Estimates only โ€” not financial advice
Data Source
Illinois Secretary of State
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much does it cost to form an LLC in Illinois?

The state filing fee is $150. Including a registered agent ($0-$125/year) and operating agreement (~$150), expect to pay $300-$425 to form an LLC in Illinois. Annual ongoing costs are approximately $200/year.

Do I need a registered agent for my Illinois LLC?

Yes, Illinois requires every LLC to have a registered agent with a physical address in the state. You can serve as your own agent if you have a Illinois address, or hire a registered agent service for $100-$300/year.

Does Illinois require an annual report for LLCs?

Yes, Illinois requires an annual report (or biennial in some states) with a fee of $75. Failure to file can result in administrative dissolution.

Related Calculators

๐Ÿข

More LLC Cost Calculators

View all LLC Cost Calculators

State Comparison Guides