How Long Does It Take to Form an LLC in Illinois?
You can set up an LLC in Illinois by filing either online or by mail.
Illinois LLC Processing Times
Normal Processing Time | Expedited Processing Time | |
---|---|---|
Illinois LLC by Mail | 7-14 business days (plus mail time) | 24 hours ($100 extra) |
Illinois LLC Online | 5-10 business days | 24 hours ($100 extra) |
What is LLC processing time?
This is the time required for the state of Illinois to review and process your LLC filing. Once approved, the state will return your approved documents electronically or by mail.
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Illinois LLC Approval Processing Times
For mail filings, Illinois LLC approvals generally take about 3-4 weeks. This includes the 7-14 business days processing time and the duration it takes for your documents to be mailed.
For online filings, Illinois LLCs are approved for 5-10 business days. You can download your documents as soon as they are approved, so there is no additional transit time.
What is LLC approval time?
This is the total time required to get your LLC approved, including the processing and transit times for documents to and from the state.
Expedited LLC Processing in Illinois
Illinois provides one expedited LLC processing option:
- 24-hour processing for $100 extra
✎ Note:
Expedited fees are added on top of the standard LLC filing fee.
What is the fastest method to form an LLC in Illinois?
The fastest way to form an LLC in Illinois is to file online yourself. This method offers the fastest approval time, as the filing system issues your LLC approval almost immediately.
Should I hire an LLC filing service in Illinois?
Hiring an LLC filing service won’t speed up the approval process. Filing companies still need to wait for the state to approve your LLC.
Need to save time?
Consider hiring a professional to set up your LLC: Northwest Registered Agent offers LLC formation services starting at $39 plus the state fee.
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However, the advantage of hiring a filing company is not to speed up LLC approval, but to have someone handle the paperwork for you and ensure it is filed correctly.
Frequently Asked Questions
How much does an LLC cost?
Requirement | Cost |
---|---|
LLC Name | $0 |
Registered Agent | $0 or $125 per year |
Articles of Organization | $150 |
Operating Agreement | $0 (free on our site) |
EIN Number | $0 (free to the IRS) |
Annual Report | $75 |
Taxes | varies (filed and/or paid every year) |
For further details on LLC expenses, Explore the specifics of LLC costs in Illinois.
How to start an LLC in Illinois?
To start an LLC in Illinois, follow these steps:
- Choose an LLC Name
- Select a Registered Agent
- File the Certificates of Formation
- Create an Operating Agreement
- Get an EIN
- Register with the Department of Revenue
For more information, see our detailed overview on starting an LLC in Illinois.
How long does it take to get an LLC in every state?
The processing time for an LLC can vary by state. Faster processing in one state might not necessarily be beneficial if you need to register your LLC as a foreign LLC in your home state. Be sure to consider all factors, including where you live and conduct business, before deciding on the state of formation.