To Form an LLC in Illinois, Follow These Legal Steps:
- Choose a name for your LLC: Select a name that is not already in use in Illinois by searching the Illinois Secretary of State's website.
- File Articles of Organization: File this document with the Illinois Secretary of State's office, which includes details such as the name and address of the company, members or managers' names and addresses, and the LLC's purpose.
- Publication: Publish a notice of your LLC's formation in a newspaper in the county where your LLC has its principal place of business within 60 days of filing the Articles of Organization.
- Obtain necessary licenses and permits: Depending on your business activities, you may need to obtain state or local licenses and permits.
- Draft an operating agreement: Although not required in Illinois, it is recommended that you draft an operating agreement that outlines the rules and procedures for the operation of the LLC.
Some limitations and exceptions to the above advice may apply, such as required formation of a professional LLC for certain professions like lawyers and accountants or complying with specific regulations for some businesses. For personalized legal advice, consider consulting with a licensed attorney.
By
