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1. #How to obtain a small business license in illinois registration
2. #How to obtain a small business license in illinois professional
3. #How to obtain a small business license in illinois download

Why is a foreign qualification important?įoreign qualifying your company in states where you conduct business is your legal obligation.

Some states will require you to have a certificate of good standing from the state where your LLC/corporation was formed (which means you’ll need to be up to date on your state taxes, fees, etc.).

#How to obtain a small business license in illinois download

You can download the form from the Secretary of State’s website or have your incorporating company handle the filing and requirements for you. To register your company in another state, you will need to submit a Certificate of Authority application (sometimes it’s called a Statement & Designation by a Foreign Corporation) with the particular state’s Secretary of State office. If you answered yes to any of these, your business may need to file a foreign qualification in the appropriate state. Did you apply for a business license in the state?.Do any of your employees work in the state? Do you pay state payroll taxes?.Does a significant portion of your company’s revenue come from the state?.Are you frequently conducting in-person meeting with clients in the state (and not just conducting business via email/phone)?.Does your LLC or corporation operate out of any physical presence in the state (i.e.However, here are some general questions to answer: If you’re uncertain whether your particular business needs to foreign qualify, you should check with your attorney or accountant. In today’s mobile/virtual world, it can be difficult to know just what constitutes doing business in a state. Just because you’re making money from clients in other states doesn’t mean you’re transacting business there, according to the law. In this case, you do not need to file a foreign qualification. You’re a consultant who performs the majority of your work online, with clients in multiple states.You’ll need to file a foreign qualification in California. You incorporated your company in Washington, but recently your partner has been finding and meeting with the bulk of your clients near his home in California. You live in Washington and your business partner lives in California.(For this reason, it’s often best for small companies with fewer than five shareholders to incorporate in their home state.) You’ll need to file a foreign qualification to conduct business in New York. You incorporated your business as a Delaware LLC, but are physically located in New York.Once you have locations open in those states, you’re doing business there and will need to file a foreign qualification in both Georgia and South Carolina. You have a restaurant in Florida and decide to expand into Georgia and South Carolina.This process is called foreign qualification. By law, if your company plans to conduct business in any other states than your state of incorporation (or LLC formation), then you may need to register your business in those states. One common area of confusion and misconception is conducting business in multiple states.

#How to obtain a small business license in illinois professional

Check the state’s Registration, Licenses, and Permits website and the Illinois Department of Financial and Professional Regulation website for more information.As a small business owner, it can sometimes feel like you’re expected to be an expert in tax and state law.

#How to obtain a small business license in illinois registration

Visit the MyTax Illinois website to obtain a Certificate of Registration or License.Īdditionally, your business may need an additional license or permit depending on its industry or profession.

This essentially registers your business for Illinois sales tax as well as various other taxes you may be subject to. The mail state-level permit or license in Illinois is the Certificate of Registration or License, sometimes called a seller’s permit.