What are the steps to file articles of incorporation in Illinois?

What are the steps to file articles of incorporation in Illinois?

Filing articles of incorporation in Illinois is a crucial step in forming a corporation. In this article, we will guide you through the process of filing articles of incorporation in Illinois, including the necessary forms, fees, and procedures.

What is the first step in filing articles of incorporation in Illinois?

The first step in filing articles of incorporation in Illinois is to choose a business name. The name must be unique and not deceptively similar to an existing business name. You can check the availability of your desired business name by searching the Illinois Secretary of State's database.

What information is required in the articles of incorporation?

Once you have chosen a business name, you will need to prepare the articles of incorporation. The articles of incorporation must include the following information:

• The name and address of the corporation
• The purpose of the corporation
• The number of shares of stock the corporation is authorized to issue
• The names and addresses of the initial directors
• The name and address of the registered agent

How do I file articles of incorporation in Illinois?

After preparing the articles of incorporation, you will need to file them with the Illinois Secretary of State's office. You can file online or by mail. The filing fee is $150.

What is the certificate of incorporation?

Once your articles of incorporation are filed, you will receive a certificate of incorporation from the Illinois Secretary of State's office. This certificate serves as proof that your corporation has been formed and is valid for business purposes.

What other steps do I need to take after filing articles of incorporation?

In addition to filing articles of incorporation, you will also need to obtain a federal tax identification number from the Internal Revenue Service (IRS). This number is used to identify your corporation for tax purposes.

What licenses and permits do I need to obtain?

Finally, you will need to obtain any necessary licenses and permits from local authorities. These may include licenses to operate a business, permits to conduct certain activities, and other permits required by local law.

How long does it take to file articles of incorporation in Illinois?

By following these steps, you can successfully file articles of incorporation in Illinois and form a corporation.