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This document serves as the official Articles of Organization for forming a Limited Liability Company (LLC) in Illinois, requiring specific details such as the LLC name, principal business address,
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How to fill out LLC-5.5

01
Begin by gathering the necessary information, including the LLC name and address.
02
Fill in the LLC Identification Number if applicable.
03
Provide the name and address of the designated principal office.
04
Indicate the type of business the LLC is engaged in.
05
If applicable, complete the section on member-managed or manager-managed structure.
06
Review the filing instructions carefully to ensure all fields are completed accurately.
07
Sign and date the form where indicated.
08
Submit the completed LLC-5.5 to the appropriate state agency along with any required fees.

Who needs LLC-5.5?

01
Any limited liability company (LLC) that is required to file this form for compliance with state regulations.
02
Businesses undergoing changes in management structure or ownership that need to update their information.
03
LLCs wishing to maintain good standing with the state that may be required to submit periodic filings.
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People Also Ask about

Limited liability company (LLC)
In general, the base price for an Illinois LLC is $150. That is the only required fee for all new LLCs in the state. You can choose to add on services, such as hiring a registered agent or paying for expedited processing of your application.
Many websites claim to help you get an LLC for free, but every LLC will require a fee paid to the state. In Illinois, it's $150.
State LLC Costs: Overview StateState FeeAnnual Fee California $70.00 $800 Colorado $50.00 $10 Connecticut $120.00 $80 Delaware $110.00 $30047 more rows
Illinois State Income Tax Illinois has a flat income tax rate of 4.95% for both individuals and corporations. This means that LLC members will pay 4.95% of their share of the LLC's profits, regardless of their income level.
These rules typically apply to all LLCs, no matter what state they are formed in. Your LLC Name Must Be Unique. The business name you've chosen cannot be used by any other LLC or corporation in the State of Illinois. Your LLC Name Must Not Be Confusable with Another Business Name. Your LLC Name Must Contain Certain Words.

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LLC-5.5 is a form used by limited liability companies (LLCs) to report specific information to a regulatory authority, often related to compliance or financial reporting.
Any limited liability company that operates within the jurisdiction where the form is mandated and meets certain criteria set by the regulatory authority is required to file LLC-5.5.
To fill out LLC-5.5, entities must provide accurate information as requested on the form, which may include identifying details, financial data, and compliance-related disclosures.
The purpose of LLC-5.5 is to ensure transparency and compliance of LLCs with regulatory requirements by gathering pertinent information about their operations and finances.
The information that must be reported on LLC-5.5 typically includes the LLC's name, registration number, financial statements, members' details, and any other disclosures required by the regulatory authority.
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