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Business Entity Affiliations Illinois Department of Insurance State Insurance Illinois Form

Business Entity Affiliations Illinois Department of Insurance State Insurance Illinois Form

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Instructions and help about illinois entity

How to form an LLC in Illinois a limited liability company LLC is commonly referred to as a hybrid business structure meaning that it shares characteristics of both a corporation and a sole proprietorship it allows its owners to insulate themselves from personal liability for business debts does not require the payment of separate business taxes the tax passes through to its owners allows for a great dEval of flexibility in regard to its organizational structure and is subject to fewer regulations and restrictions than our other types of business structures establishing such a company in Illinois is a rather straightforward process drafting the articles of organization choose a name for your LLC the first step in forming an LLC is to draft its articles of organization which outline the initial information required to form the company under state law you will use form LLC 5.5 for this process one of the most important steps of this process is choosing a name for your company the name of

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