Best answer: How do I reserve a business name in Illinois?

If you decide you would like to reserve a corporate name, you will need to complete and submit a Name Reservation form. Alternatively, a preliminary check of corporate name availability may continue to be conducted via telephone by calling 217-782-9521.

How do I reserve a business name?

How to Reserve a Business Name. Once you have settled on a name for your California LLC or corporation, you can reserve the name by submitting a Name Reservation Request. This form can be mailed to the Secretary of State or delivered in-person. There is a $10 filing fee for all Name Reservation Requests.

How do you check if a business name is taken in Illinois?

How do I check to see if a Corporation/LLC name is available? The Illinois Secretary of State Department of Business Services provides a database at http://www.ilsos.gov/corporatellc/ where you can do a preliminary search. LLC’s – 217-524-8008. Be prepared with alternative names.

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How do I register a business name in Illinois?

Business Registration

  1. electronically register through MyTax Illinois (approximately one to two days to process);
  2. complete and mail Form REG-1, Illinois Business Registration Application, to us at the address on the form (Form REG-1 is available on our web site as a fill-in and savable form. …
  3. visit one of our offices.

Can I reserve a company name without registering a company?

Any company may be registered with or without a company name. If a reserved name is not included in the initial application, the company will be registered with its enterprise number.

What does it mean to reserve a business name?

A business name reservation consists of a filing with the Secretary of State’s office to reserve a business name until you are ready to incorporate your business or form a Limited Liability Company. Generally, a name reservation will be effective and the name that you place on reserve will be on hold for 30-90 days.

How do I get an entity name?

How to register a business in California

  1. Check existing names and reserve a name not already in use by mail or in person with the Secretary of State.
  2. File a fictitious name statement with your county clerk’s office, if applicable.
  3. Register your business as a legal entity (e.g., LLC or corporation).

How do I reserve a LLC in Illinois?

If you decide you would like to reserve a corporate name, you will need to complete and submit a Name Reservation form. Alternatively, a preliminary check of corporate name availability may continue to be conducted via telephone by calling 217-782-9521. Proper completion of this form is the customer’s responsibility.

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How much does it cost to register a business name in Illinois?

File an Assumed Business Name

This is a mandatory requirement in Illinois. To file your assumed business name, you have to fill out the assumed business name certificate available from the county clerk’s office in the county where your business is located. The filing fee is $5.

What does NGS mean for LLC?

Returning a corporation or LLC to good standing requires the payment of fees, interest, and penalties.

Do you need a business license in Illinois?

In Illinois, most business are required to be registered and/or licensed by the IDOR. If you plan to hire employees, buy or sell products wholesale or retail, or manufacture goods, you must register with the IDOR. To obtain information contact: Illinois Department of Revenue.

Do I need a business license to sell online in Illinois?

Illinois also refers to its Certificate of Registration or License as Illinois Business Authorization. You must obtain a Certificate of Registration or License if you: Are engaged in business in Illinois. Intend to sell or lease taxable goods or services.

What is the annual fee for an LLC in Illinois?

Illinois requires LLCs to file an annual report during the 60-day period before the first day of the anniversary month of the incorporation date. The annual report fee is $250.

How long does it take to reserve a company name?

The Name Reservation application takes 2-3 working days. However, If there is a delay from CIPC due to excessive workload, the process could take longer.

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How long does it take for name reservation to be approved?

CAC said name reservation, availability will now take 48 hours, correction of availability to 24 hours, while consent for restricted names, limited by guarantee and incorporated trustees will be processed within five working days.

Can I start a business without registering it?

It is entirely legal to operate as a sole proprietorship without registering your company. … All you need for IRS recognition is that you file your first business tax return, as required by federal law.