LLC Cost Calculators Illinois

Illinois LLC Cost Calculator

Calculate the total cost to form an LLC in Illinois. Filing fee: $150. Annual Report Fee: $75. Free Illinois LLC cost breakdown.

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$0$2,000

Pre-filled: Compiled multi-state LLC fee survey — pending verification against the state fee schedule

$0$2,000

Pre-filled: Illinois Secretary of State

$0$500

Additional Details

120

Year 1 Total Cost

$500.00

Estimated • Based on your inputs

Annual Ongoing Cost

$200.00

Detailed Breakdown

5-Year Total Cost$1,300.00
45%
Initial Formation Cost$300.00
10%
Projected Total Cost$1,300.00
45%

Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.

Illinois Quick Facts
5.0% Income Tax Rate
1.88% Property Tax Rate
$83,211 Median Income
95.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in Illinois include the state filing fee ($150), the recurring annual report fee ($75/year), registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in Illinois. The filing is due before the first day of the anniversary month.

Key State Information

Illinois LLC filing fee: $150. Annual Report Fee: $75/year. Illinois's LLC filing fee is moderate.

Standard financial formulas Pre-filled with documented data Estimates only — not financial advice
Data Source
Illinois Secretary of State — LLC filing instructions
View Original Source | Source record reviewed | Review target: annually

Example Calculation

Let's calculate the cost to form and maintain an LLC in Illinois.

Forming a single-member LLC in Illinois: state filing fee $150, registered agent service (~$125/year), EIN from IRS (free), and a DIY operating agreement (free, or $500-$1,500 with an attorney). Illinois's annual report/franchise tax is $75/year.

Result: Year 1 total: approximately $275 (plus any optional attorney fees). Ongoing annual cost: approximately $200/year. Nationally, filing fees range from $35 (Montana) to $500 (Massachusetts) and recurring state costs range from $0 (several states) to $800/year (California) — so Illinois's cost may be far cheaper, or more expensive, than forming elsewhere. Don't form in Delaware or Wyoming just for their reputation — you'll still need to register as a foreign LLC at home and pay both states.

SC

StateCalc Team

Editorial Team

The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.

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Frequently Asked Questions

How much does it cost to form an LLC in Illinois?

The state filing fee is $150. Including a registered agent ($0 if you serve as your own, $100-$300/year for a commercial service) and an operating agreement (free to write yourself, ~$150 from a template service), expect to pay $150 to $600 to form an LLC in Illinois. Ongoing costs are $75/year to the state, plus your registered agent.

Do I need a registered agent for my Illinois LLC?

Yes, Illinois requires every LLC to have a registered agent with a physical street address in the state. You can serve as your own agent for $0 if you have an Illinois address and are willing to have it appear on the public record, or hire a commercial registered agent service for $100-$300/year.

Does Illinois require an annual report for LLCs?

Yes. Illinois requires a recurring filing with a fee of $75, due before the first day of the anniversary month. Failure to file can result in administrative dissolution.

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