FAQ About Incorporating
March 24, 2009 by admin
Filed under start-a-business-faq
Illinois Incorporation FAQ
If you have any other questions not answered by this FAQ please give Dean a call at this Toll Free number: 888-905-7380. We won’t try to sell you something, just answer your question as best we can. Honest.
First, here are some questions you can find the answers to by clicking the blue links:
How long does it take to incorporate in the State of Illinois once I submit the form to you and make payment?
Which type of corporation is best??
Can you offer me legal advice about incorporating in Illinois?
No. Give us a call at 888-905-7380 and we’ll talk to you about whatever questions you have, but if it appears you need specific legal advice we’ll ask that you seek that out on your own. Legally we’re prohibited from giving you legal advice.
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Incorporation Costs?
March 24, 2009 by admin
Filed under start-a-business-faq
Our goal is to give you a valuable incorporation service that helps you incorporate your Illinois business with confidence and at a reduced rate from nearly all other services. This is the focus of StartIllinoisBusiness.com.
Incorporate your Illinois corporation with us and we’ll save you a lot of money – and, your user experience won’t suffer as a result.
In a nutshell, the fees to process your incorporation including same day rush service, and helping you file for Subchapter S status will be:
- Profit Corporation: $395
- Subchapter S Corporation: $395
- Limited Liability Company (Series): $725
- Limited Liability Company (Non-Series): $975
Adding a few hundred dollars to the cost of Illinois State fees to help you incorporate isn’t fair. Legalzoom and other companies do it though. In fact, legal zoom adds $369 on top of the state of Illinois registration fee. We know we’re offering a valuable service, but also know that people don’t have unlimited amounts of money to spend on incorporating their businesses. Another thing we know – when someone finds out they just overpaid by $300-400 they won’t talk well of that company. To avoid that, we make it impossible by being one of the most fair-priced incorporation services in the nation.
Compare us! Keep in mind that we have no rush service fee or add-on fees for helping you obtain your Subchapter S designation for your new Illinois business or helping you to get your EIN (Federal Tax ID number). Because it’s always included.
We offer Illinois Profit, and Subchapter S incorporation registration services for just $395. Legalzoom charges $644 if you want subchapter S and EIN help included! (3/25/09).
Basically, with Legalzoom customers are paying for all their television and radio advertising. Someone has to!
Instead of spend thousands and millions of dollars on television and radio advertisements we put our energy into better Google placement so people like you can find us when you search for keywords relevant to incorporating in Illinois. Search engines are free – we don’t have to charge you more to cover our business expenses. We think that makes a lot of sense.
Operating our incorporation service in this manner allows us to create, with you the all important…
W I N – W I N !
More articles about incorporating your business:
Why Incorporate Here? – Some of you will arrive on this site and ask yourself, “Why should I incorporate…
Great Reasons to Incorporate! – Incorporation is not required. You can
operate your business as a sole proprietor…
What is a Profit Corporation? – A profit corporation is a type of
corporation. Another name that is often used for…
Incorporate your for profit corporation here.
Why Incorporate?
March 24, 2009 by admin
Filed under start-a-business-faq
Incorporating in Illinois is a smart idea.
By incorporating your Illinois company you can enjoy some shielding of savings, house and other personal assets from court cases in some instances.
If your actions are ruled fraudulent or malicious and you attempt to hide behind your corporation the court can still take your personal assets. Acting in a proper way will keep your private assets safe. There are many rules about such things and it’s recommended that you read a lot about whatever incorporation type you end up choosing. The IRS has a business section that has a lot of free resources for you to read and they even have small business videos to help.
Creating a business legally in the form of a corporation makes it more likely that venture capitalists or banks will loan your business money to expand. Certain types of corporations limit your tax obligations and this is one of the most prevalent reasons Illinois residents choose to incorporate their businesses.
Getting incorporated in Illinois is simple:
1. Pick a type of corporation. This is a legal entity, separate from yourself, that is taxed according to IRS rules on income. There are significant advantages with different types of corporations – please read up on all the types.
2. Come to StartIllinoisBusiness.com and fill out the appropriate form.
LLC – Profit – Non Profit – Subchapter S
3. Choose options: If you don’t live in Illinois or know someone that will act as registered agent for your Illinois business you can take advantage of our registered agent service. You’ll probably want a professional corporate kit because you’ll need it and we have a deluxe kit for a very fair price.
4. Use your credit card to pay for your Illinois incorporation here on-site, or call us on the phone.
If you have any questions about becoming incorporated in Illinois we have a toll free number: 888-905-7380 where you can reach us.
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Why Incorporate Here? – Some of you will arrive on this site and ask yourself, “Why should I incorporate…
Great Reasons to Incorporate! – Incorporation is not required. You can
operate your business as a sole proprietor…
What is a Profit Corporation? – A profit corporation is a type of
corporation. Another name that is often used for…
Incorporate your for profit corporation here.
Which Type of Corporation?
March 24, 2009 by admin
Filed under start-a-business-faq
Approximately 90% of visitors coming to StartIllinoisBusiness.com are hoping to answer the question, “What type of corporation is the right one for my new Illinois business?”
It’s a question every new business owner needs to ask. The way you go about making the choice is to take a look at all the information you have available to you and choosing. Nearly everyone that stops here figures it out on their own. Some choose to involve a lawyer which may add $1,000 or more to the process. Others involve their accountants.
Keep in mind, that using other professionals to help you decide what is the right type of corporation for your business will cost a lost of cash. A lawyer or accountant probably isn’t just interested in helping you incorporate here at our site – they are more interested in doing the entire process for you at great cost. Up to you really…
Most visitors to this site can choose the type of corporate that’s right for them – that’s why they searched online for help incorporating. Incorporation need not be a large expense, and with low state fees and with our very reasonably priced help you can accomplish your goal today.
Choosing which type of Illinois corporation is not the hardest thing you ever did in your life. Thousands of businesses incorporate every year in Illinois. LLC’s and Subchapter S corporation types are very popular and the majority of companies fall under these two types. If you are seeking non-profit status as a charity then you’ll want to look into “non-profit” corporations, but at present the state of Illinois does not offer this option for online users – or offline at the time of this article.
We have information on this site about all the types of Illinois corporations we can help you incorporate as. If you have incorporation questions don’t hesitate to dial our 888 toll free number to talk to use about finding more resources to help you make your decision.
How Long to Incorporate?
March 24, 2009 by admin
Filed under start-a-business-faq
Incorporating in Illinois takes how long?
Once you process your incorporation form with us here at Start Illinois Business we process your form immediately after a check for proper grammar, punctuation and spelling errors. You need not pay us extra for RUSH service, our average turnaround time is just a couple hours and usually it’s just 1 hour. We include very fast processing with every order. Nothing extra is charged.
Once we receive your Illinois incorporation application we will review it and submit it to the State of Illinois through our secure electronic account. The State of Illinois processes it and emails you the corporate documents in a short time.
The effective date of your corporation is determined by the date Illinois State actually receives your form. Usually this is the same day we submit it to them via our electronic account. They estimate process your form within a couple days.
Please allow some extra time if you submit your incorporation form on the weekend or after hours. We process your incorporation application on the same day it was sent to us electronically, but the Illinois Division of Corporations might not be open yet.
If it’s essential that your corporation be filed with Illinois State today, please call Dean at this toll free number: 888-905-7380 so he can let you know if we can help you meet that deadline.
More articles about incorporating your business:
Why Incorporate Here? – Some of you will arrive on this site and ask yourself, “Why should I incorporate…
Great Reasons to Incorporate! – Incorporation is not required. You can
operate your business as a sole proprietor…
What is a Profit Corporation? – A profit corporation is a type of
corporation. Another name that is often used for…
Incorporate your for profit corporation here.
EIN – How to Obtain?
March 24, 2009 by admin
Filed under start-a-business-faq
You’ll need to obtain an Employer Identification Number (EIN) to start a business checking account and if you want to have employees.
The process is rather easy and not by any means worth spending $25 to over $100 for help in getting this free number. Some Illinois companies will charge you just that for basically giving you a link to do it online and a phone number if you want to get it done immediately.
To obtain your EIN:
1. Start your Illinois business and incorporate using our online form.
2. We email you a hyperlink to an EIN (Tax-ID) online questionnaire at the IRS official site.
3. Complete the online IRS questionnaire and in about 10 minutes you’ll have your EIN (Tax-ID) on the spot for and at no cost whatsoever.
There’s nothing for us to hide.
How can another incorporation company charge for helping you obtain your EIN? In good conscious we can’t – so it’s included in whatever Illinois incorporation type you choose.
We hope you think this is a good reason to choose us to help enable you to complete everything you need to start your new Illinois business.
Every incorporation we do has: EIN included.
