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Get the free Illinois Limited Liability Company Act. Illinois Limited Liability Company Act

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Article 13 — Relations Of Members And Managers To Persons Dealing With Limited Liability Company Article 15 — Management Article 20 — Finance Article 25 ...
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How to fill out illinois limited liability company

01
Gather all necessary information and documents, such as the LLC name, registered agent, and articles of organization.
02
Complete the Articles of Organization form provided by the Illinois Secretary of State.
03
Include the required information, such as the LLC name, purpose, duration, principal place of business, and registered agent's name and address.
04
Submit the completed form to the Illinois Secretary of State, along with the required filing fee.
05
Wait for the Secretary of State to process the documents and issue a Certificate of Organization.
06
Once the Certificate of Organization is received, the LLC is officially formed and legal.
07
Obtain any necessary licenses or permits required for the specific type of business being conducted.
08
Consider consulting with a lawyer or professional for further guidance on specific legal requirements and best practices for operating an LLC in Illinois.

Who needs illinois limited liability company?

01
Entrepreneurs looking to start a business in Illinois and want to protect their personal assets from business liabilities.
02
Small business owners who want to establish a separate legal entity for their business and enjoy the benefits of limited liability protection.
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Professionals, such as doctors, lawyers, and consultants, who want to practice their profession under a registered business entity.
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Real estate investors who want to hold and manage their investment properties under the protection of an LLC.
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Individuals or groups planning to operate a partnership or joint venture in Illinois, as an LLC can be a suitable entity for such arrangements.
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Illinois limited liability company is a type of business entity that combines the limited liability protection of a corporation with the pass-through tax treatment of a partnership or sole proprietorship.
Any individual or group of individuals looking to start a business in Illinois may choose to form a limited liability company (LLC).
To form an Illinois LLC, you must file Articles of Organization with the Illinois Secretary of State, create an operating agreement, and obtain any necessary business licenses and permits.
The purpose of an Illinois limited liability company is to provide its owners with limited liability protection while allowing for pass-through taxation.
Information such as the LLC's name, registered agent, business purpose, management structure, and address must be reported when forming an Illinois LLC.
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