IL LLC-50.1 2011 free printable template
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Form LLC-50. 1 Illinois Limited Liability Company Act May 2012 Annual Report Secretary of State Department of Business Services 501 S. Second St. Rm. 351 Springfield IL 62756 217-524-8008 www.
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How to fill out illinois form llc 501
How to fill out illinois form llc 501?
01
Begin by accessing the official website of the Illinois Secretary of State or visit their office to obtain a copy of the Illinois Form LLC 501.
02
Review the instructions provided with the form thoroughly. This will help you understand the requirements and provide guidance on how to complete the form accurately.
03
Provide the requested information on the form, including the name of the limited liability company (LLC), the purpose of the LLC, and the registered agent's name and address.
04
Indicate the type of management structure for the LLC, whether it will be member-managed or manager-managed.
05
Disclose the principal place of business for the LLC and any additional addresses or locations.
06
Include the effective date of the LLC, which is the date when the LLC will officially come into existence.
07
Check the appropriate boxes to select the duration of the LLC, whether it will be perpetual or have a specific end date.
08
If the LLC will engage in professional services, indicate the specific professional services to be provided.
09
Provide the names and addresses of the LLC's organizers, who are the individuals responsible for preparing and filing the LLC formation documents.
10
Sign and date the form once it is completed. Make sure to sign as an authorized representative of the LLC.
Who needs illinois form llc 501?
01
Individuals or groups planning to form a limited liability company (LLC) in the state of Illinois are required to use the Illinois Form LLC 501.
02
This form is necessary for those who wish to establish an LLC and comply with the legal requirements set forth by the Illinois Secretary of State.
03
The Illinois Form LLC 501 is applicable to both domestic (Illinois-based) and foreign (out-of-state) LLCs that are seeking to conduct business activities within the state of Illinois.
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People Also Ask about illinois form llc 501
How much is it to file an annual report for an LLC in Illinois?
Does an LLC need to file an annual report in Illinois?
Does Illinois require an annual report?
How much is the late fee for the secretary of state annual report in Illinois?
What form do I need to dissolve my LLC in Illinois?
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What is illinois form llc 501?
There is no specific form called "Illinois Form LLC 501." However, the Illinois Secretary of State requires individuals looking to form a Limited Liability Company (LLC) in the state to file Articles of Organization for an LLC. The specific form number may vary depending on the year of filing or any updates made by the state. It is recommended to visit the official website of the Illinois Secretary of State or consult with a business attorney for the most up-to-date information on forming an LLC in Illinois.
Who is required to file illinois form llc 501?
The Illinois Form LLC-501, also known as the Articles of Organization, is required to be filed by individuals or businesses who want to form a limited liability company (LLC) in the state of Illinois. This form needs to be filed with the Illinois Secretary of State's office.
What is the purpose of illinois form llc 501?
The purpose of Illinois Form LLC 501, also known as the Articles of Organization, is to officially establish a limited liability company (LLC) in the state of Illinois. This form is submitted to the Illinois Secretary of State to legally form the LLC and provides important information about the company, such as its name, address, registered agent, and purpose of the business. Additionally, this form may include other specific provisions or requirements that the LLC wishes to include in its organizational structure. Once approved, the Articles of Organization serve as the legal document that recognizes the existence of the LLC in Illinois.
What is the penalty for the late filing of illinois form llc 501?
In the state of Illinois, if the LLC annual report (Form LLC-501) is filed late, there is a penalty fee assessed. As of my last knowledge update, the penalty fee was $100. However, please note that penalty fees and regulations may vary, and it is always recommended to consult with the Illinois Secretary of State or a qualified professional for the most up-to-date information.
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