Illinois LLC Name Change: A Step-by-Step Guide

Changing the name of your Limited Liability Company (LLC) in Illinois can be a complex process, but it's essential to update your business's name to reflect changes in your business or to comply with state regulations. In this article, we'll guide you through the steps to change your LLC name in Illinois.

Why Change Your LLC Name in Illinois?

There are several reasons why you might want to change your LLC name in Illinois. Some common reasons include:

• You've rebranded your business and want to update your name to reflect your new identity.

• You've merged with another business or acquired a new company and want to update your name to reflect the change.

• You've changed your business structure or want to update your name to better reflect your business's mission or values.

• You've received a cease and desist letter from another business or individual claiming that your current name infringes on their trademark.

Step 1: Check the Availability of Your New Name

Before you can change your LLC name in Illinois, you need to ensure that the new name is available. You can check the availability of your new name by searching the Illinois Secretary of State's database of business names. You can also check the United States Patent and Trademark Office (USPTO) database to see if the name is already in use as a trademark.

Step 2: Prepare the Necessary Documents

Once you've chosen a new name for your LLC, you'll need to prepare the necessary documents to file with the Illinois Secretary of State. These documents typically include:

• A Certificate of Name Change, which is a document that states the current name of your LLC, the new name, and the reason for the change.

• A Certificate of Good Standing, which is a document that shows that your LLC is in good standing with the state.

• A copy of your LLC's Articles of Organization, which is the document that establishes your LLC.

Step 3: File the Name Change with the Illinois Secretary of State

Once you've prepared the necessary documents, you can file the name change with the Illinois Secretary of State. You can file online or by mail, and you'll need to pay a filing fee. The filing fee for a name change in Illinois is currently $25.

Step 4: Update Your Business's Name with the Illinois Department of Revenue

After you've filed the name change with the Illinois Secretary of State, you'll need to update your business's name with the Illinois Department of Revenue. You'll need to file a new Business Registration Certificate, which is a document that shows your business's new name and address.

Step 5: Update Your Business's Name with the IRS

Finally, you'll need to update your business's name with the IRS. You'll need to file a new Form SS-4, which is the application for an Employer Identification Number (EIN). You'll also need to update your business's name on your tax returns and other tax-related documents.

Conclusion

Changing the name of your LLC in Illinois can be a complex process, but it's essential to update your business's name to reflect changes in your business or to comply with state regulations. By following the steps outlined in this article, you can ensure that your business's name is updated correctly and that you're in compliance with all relevant laws and regulations.