IncNext

Get your company. Fast.

Illinois company

Limited Liability Company for $778 Corporation for $460

Starting your own startup was never easier. Set up your LLC or Corporation and get to work on your venture, we'll take care of the paperwork!

Complete Package

Simple All You Need Package & logo for free

Our All You Need Package containts everything to get you started. You pay a single price per state and we take care about the rest for you.

Illinois State Initial Filing fee • value of $282
Checking name availability, preparing state-approved Articles of Incorporation, filing Articles with state, mailing them to you. • value of $89
Registered Agent for one year • value of $89
Company Bylaws included
Ready to fill Stock Certificates included
Meeting of Shareholders Minutes
Meeting of Directors Minutes included
Reminders about annual renewals through INCCONTACT

Example logos created by IncNext More logos

Process Explained

The creation process

We save your valuable time by doing what we do best – creating companies. There are five main steps and some related administrative that we cover for you.

Checking Name Availability
Preparation and Review of Articles of Incorporation
Filing Articles with State
Sending Articles of Certificate of Incorporation to you
Electronic forms – bylaws, minutes & notifications

Illinois regular filing takes approximately 3 weeks. Expedite filing about 4-5 business days.

Once your company is ready

Once the company comes to live, you will need a few things to make it comply with the Illinois laws. Some are one-off and some on yearly basis. Our system will remind you at the right time, so no worries.

Tax ID (EIN) – free online or via or phone
Yearly Requirements and Fees for Illinois companies – Within 15 days after the Secretary of State mails your filed Articles of Incorporation, you must record it with the Office of the Recorder of Deeds of the County in which the registered office of your corporation is located. If recording cannot be accomplished within 15 days, record the Articles of Incorporation as soon as possible
Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

Why Illinois

Why incorporate in Illinois?

Illinois ranks 7th largest tech economy in the nation.
– Cyberstates, 2005
Illinois ranks 1st in States for Biotech Growth
– Laboratories of Innovation: State Bioscience Initiatives
Illinois ranks 4th for “insourcing,” or bringing in jobs to the state from foreign-headquartered international firms
– Organization for International Investment
Illinois ranks 5th in the number of privately-held, 50% or more women-owned firms in 2004, 4th in employment, and 5th in sales.
– Center for Women?s Business Research

Most important statistics

Cost of Living Index

For Chicago, IL (2010)	Index Score
Composite	116.9
Grocery Items	111.2
Housing	134.8
Utilities	117.3
Transportation	116.5
Health Care	108.5
Misc. Goods & Services	104.4

Get Illinois Company

Fees & taxes

Business Inventory Tax
Business inventory is exempt.

Corporate Income Tax
Rate: 4.8%. An additional personal property replacement tax is imposed on corporations at the rate of 2.5% of taxpayer’s net income.

Personal Income Tax
Rate: 3% of net income

Personal Property Tax
Exempt.

State Sales and Use Tax
Base Rate: 6.25 %
Machinery Rate: None
There is an exemption for sales of machinery and equipment, including maintenance and repair machinery, for use primarily in manufacturing or assembling tangible personal property for sale or lease.

Transaction Privilege & Use Tax
This tax is a tax on the privilege of doing business in the State. The tax ranges from 5.6% – 9.0% with a state average of 8.3%.

Unemployment Insurance
The new employers’ rate in Illinois is 4.7% for 3 years.

If you need more information, let us know

Visit us in Las Vegas

IncNext
EastBiz.com, Inc.
5348 Vegas Dr.
Las Vegas, NV 89108

Phone: (702) 871-8678
E-mail: help@incparadise.com

Address photo