If you own an LLC in Illinois, staying on top of your compliance requirements is critical to keeping your business in good standing. This guide covers everything you need to know about the Illinois Annual Report, including deadlines, fees, and official links.
Quick Summary: Illinois LLC Requirements
Below is the essential information you need to file your state compliance report correctly and on time.
| Form Name | Annual Report |
|---|---|
| Filing Frequency | Annual |
| Filing Fee | $75 |
| Due Date | Prior to the first day of the anniversary month of formation. (Warning: Failure to file your annual report within 60 days of the due date will result in administrative dissolution, and Illinois LLCs are not subject to franchise tax.) |
| Late Penalty | $No direct late fee; administrative dissolution will incur reinstatement fees. |
What Happens If I Miss the Deadline?
Every LLC operating in Illinois is required to file their Annual Report to the state on time. Missing this deadline has immediate financial and legal consequences.
- Monetary Penalty: You will be charged a late fee of $No direct late fee; administrative dissolution will incur reinstatement fees..
- Loss of Good Standing: Your business will lose its "Good Standing" status, which can prevent you from opening business bank accounts or signing contracts.
- Administrative Dissolution: Continued failure to file will result in administrative dissolution. This means your business will legally cease to exist in Illinois, and you will lose your personal liability protection.
Where to File Your Annual Report
You can complete your filing directly through the official Illinois portal:
Who must file? All LLCs registered in Illinois.
Frequently Asked Questions
How much is the Illinois LLC annual fee?
The standard filing fee for a Illinois LLC is $75.
What is the deadline for the Illinois Annual Report?
The deadline is Prior to the first day of the anniversary month of formation. (Warning: Failure to file your annual report within 60 days of the due date will result in administrative dissolution, and Illinois LLCs are not subject to franchise tax.).
What is the penalty for filing late in Illinois?
If you miss the deadline, the state charges a late fee of $No direct late fee; administrative dissolution will incur reinstatement fees.. Continued failure to file may result in administrative dissolution.
Explore More Illinois Guides
Do you operate other business entities? Check out all of our Illinois Business Compliance Guides to ensure your entire portfolio remains in good standing.
Last Verified: 2026-03-16. The information on this page is for general educational purposes. Compliance rules change frequently, so always verify specific deadlines and fee amounts directly with the official Illinois state website before submitting your payment.