The mailing address for the Illinois Annual Report is: Illinois Secretary of State Contact Information There is a filing fee of $25 to make the change. There is a filing fee of $25 to make the change.Ĭorporations will use Form BCA 5.10/5.20 – Statement of Change of Registered Agent and/or Registered Office. To update the Registered Agent’s information for an LLC, fill out Form LLC-1.36/1.37 – Statement of Change of Registered Agent and/or Registered Office. While the Illinois Annual Report form asks for the name and address of the Registered Agent, the Registered Agent can’t be updated on this form. No financial information is provided to the Secretary of State when filing the Annual Report. Is any financial information required to be reported? By not being in good standing, the members may be held personally liable should the LLC or corporation be sued. If the Annual Report is not filed in time, the entity will no longer be considered to be in good standing with the Secretary of State’s office. What happens if you don’t file the annual report on time? Do I still have to file an annual report in Illinois?Įven if your Corporation or LLC received no income or had no business activity, the annual report is still required to be filed. Illinois corporations filing late will pay a penalty that is 10% of the franchise tax each month the report is late.Īfter being late 120 days, the Corporation will be administratively dissolved.Īnnual Report Filing Service If you would rather use a service that guarantees the annual report is filed on-time, check out the annual report filing service through Northwest. Penalty for a late Corporation annual report To reinstate an Illinois LLC after being dissolved, there is a $200 reinstatement fee. Penalty for a late LLC annual reportĪ late filing will incur a $100 penalty in addition to the $75 Annual Report filing fee.Īfter being late 180 days, the Secretary of State administratively dissolves the entity. ![]() The date of formation can be found by doing an entity name search and look for the Organization/Admission Date.įor example, if your business entity was formed on April 15 th, the Annual Report deadline will be before April 1 st each year following. The Annual Report is due before the first day of the anniversary month of the LLC or Corporation’s formation. There is an additional payment processor fee for all online filings. Corporations will also have an additional franchise tax to pay which is a minimum of $25. The filing fee for the Corporation and LLC Annual Report is $75. Regardless of whether you are filing online or by mail, the cost to file the annual report is the same. Changes in authorized shares, issued shares, and/or paid-in capital.Name and address of the members, managers, directors, officers.Contact information of the Registered Agent. ![]() ![]() Information that will be needed on the report include: Processing is immediate when filing online or 10-15 business days when filing by mail. To file online, visit the Illinois Secretary of State’s website, otherwise, you can fill out the Annual Report form that is sent by mail or by downloading and filling out Form 50.1 for LLCs and Form BCA 14.05 for Corporations. You have the option of filing your Corporation and LLC Annual Report online or by mail. ![]() What is Needed to File an Illinois Annual Report?Īpproximately 6 weeks before the due date, the Illinois Secretary of State will send a notice and an Annual Report form to the address of the Illinois Registered Agent. Related: How to form an LLC in Illinois Who Needs to File an Annual Report?ĭomestic and foreign corporations and LLCs are required to file an annual report each year after the year the company was formed. The Annual Report is used to confirm and update the company’s information with the Illinois Secretary of State, such as the registered agent, address, and information of the officers, directors, members, or managers. One of the requirements of maintaining an LLC or corporation in Illinois is filing an Annual Report each year.
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