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This document is used to register a limited liability company (LLC) in Illinois, providing necessary details such as company name, address, registered agent, and purpose.
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How to fill out llc-55

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How to fill out LLC-5.5

01
Obtain a copy of form LLC-5.5 from the appropriate regulatory body or website.
02
Begin by filling in the name of the LLC as it appears on official documents.
03
Provide the LLC's unique identification number, if applicable.
04
Enter the principal office address of the LLC.
05
Fill in the information for all members or managers of the LLC, including names and addresses.
06
Specify the purpose of the LLC in the designated section.
07
Include any additional information requested about the LLC's operations or structure.
08
Review the completed form for accuracy and completeness.
09
Sign and date the form as required.
10
Submit the form to the appropriate authority, along with any required fees.

Who needs LLC-5.5?

01
Any limited liability company (LLC) that is required to submit the LLC-5.5 form to comply with state regulations.
02
Existing LLCs that need to update or provide current information to the state.
03
LLCs looking to maintain good standing with the state by submitting annual or periodic reports.
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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 specific form used by certain Limited Liability Companies (LLCs) to report specific business activities and financial information to the state.
LLCs that meet particular criteria set by the state, such as being engaged in certain business activities or having specific income thresholds, are required to file LLC-5.5.
To fill out LLC-5.5, the filer must provide accurate business information, including income, expenses, and any relevant identification numbers, following the provided instructions on the form.
The purpose of LLC-5.5 is to ensure transparency and accountability of LLCs by requiring them to report financial data and business activities to the state.
LLC-5.5 must report information such as the LLC's name, address, business activities, income, expenses, and any applicable tax identification numbers.
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