Our state incorporation series today focuses on the Land of Lincoln. Our website includes summary of our services, and what you’ll need to know to incorporate a business in Illinois.
Did you know?
Quick facts about Illinois business:
- Illinois is the #1 state in machinery manufacturing.
- 33 of the companies listed on Fortune 500 are located in Illinois.
- 31.6% of all privately held firms in Illinois are owned by women.
Benefits of incorporating in Illinois
Illinois prides itself on business innovation and environmental issues, ranking #6 in installed wind power capacity, according to a report by Business Facilities.
According to the Small Business Administration, small business in Illinois accounts for 98% of the state’s employers and 48% of its private-sector employment.
Time and cost to incorporate in Illinois
The ease and speed with which a business is incorporated in Illinois can vary based on the company name and category of business activity. When incorporating an ordinary corporation or LLC, the average processing time is 15-20 business days. For an additional fee of $112, the state will expedite the process in three business days. The state’s fee to incorporate either an ordinary Illinois corporation is $175; an LLC is $500.
Direct Incorporation’s Illinois incorporation services
We offer three packages to assist you with incorporating in Illinois, with prices ranging from $149 to $773. For more information on our Illinois incorporation services, click on a link below.
- Standard Package
- Premier Package
- Venture Package
Do you have questions about incorporating your business in Illinois? Please leave a comment below and I will try to answer them. Thanks!