Illinois Registered Agent Services | LLC Registered Agent


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If you are trying to form an Illinois LLC, then take note that in this state, starting an LLC requires having an Illinois registered agent who will handle all official paperwork on the LLCs behalf. 

Illinois Registered Agent Requirements

There are certain requirements to fill the role of an Alabama registered agent:

  • The nominee must be more than 18 years old.
  • The individual must have a legal, physical address in the state where the LLC will operate.
  • The individual must be physically present during normal working hours.

How to Choose a Registered Agent?

When you file your Certification of Formation in Illinois, you must nominate a registered agent.  You can either appoint an in-house registered agent (yourself or any LLC member) or outsource to an Alabama registered agent service. You can elect your registered agent online through the Illinois Secretary of State website. 

Hiring an Inhouse Registered Agent

When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in Alabama.

Can I be My Own Registered Agent?

Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.

Outsourcing a Registered Agent

You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. Here are the best LLC services on our list that will provide you with registered agents to ease your worries. 

LLC Service

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$99 per year

  • Standalone registered agent service

  • Take you through all steps

  • LLC formation package available

$125 per year

  • 1 year free service along with LLC formation package

  • Fast service

  • Flat rate, no hidden cost

Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.  

What to Consider When Choosing a Registered Agent

Here are some factors to consider when choosing a registered agent.

  • Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
  • Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
  • State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
  • Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.

Illinois Business Laws for Registered Agents to Note

While starting an LLC in Illinois, it is important to know about the business laws in Illinois. The following business laws are applicable to every business in the state. Registered agents help LLCs to understand the laws and keep them updated about these laws. Following are the business laws in Illinois to note.

  1. Illinois Antitrust Law: Antitrust regulations prevent big mergers that their respective state attorneys believe hurt consumers by limiting choice. Illinois antitrust laws are seen in the Illinois Antitrust Act, which supports federal antitrust laws. Federal antitrust laws forbid any act of restraining trade while also limiting the ability of large corporations to do acts that would restrict competition.
    The Sherman Act charges a fine ($100,000,000 if a corporation) and a 10-year prison sentence for an illegal “trust or conspiracy, in restraint of trade or commerce.”
    A private lawsuit can be filed against a party for an alleged antitrust violation while a federal action is pending. The antitrust laws of Illinois allow plaintiffs to bring private lawsuits against companies and make it possible to recover attorneys’ fees.
  2. Illinois Corporations Laws: Once you’ve decided what type of corporation you’re creating, whether S-corporation or C-corporation, you will need to select the individuals you would like to have on your board of directors; then, you will need to draft and file your corporation’s Articles of Incorporation. In Illinois, this is known as “Form BCA 2.10.” After filing the Articles of Incorporation, you need to obtain a business license and other permits that might be required for your business.
  3. Illinois Deceptive Trade Practices Laws: Manufacturers or retailers engage in deceptive trade practices when they spread disinformation, make false claims, or use other misleading tactics to entice sales.
    The Illinois deceptive trade practices law follows the Uniform Deceptive Trade Practices Act and allows state attorneys and private parties to file suit.
    Contact a consumer protection office near you if you think a business is engaging in deceptive practices. The office can provide information about ongoing consumer scams and investigate and prosecute scammers under criminal statutes.
  4. Illinois Interest Rates Laws: Consumers regularly agree to waive those limits and pay higher rates by clicking “I agree” online or signing a printed contract, regardless of statutory limits of interest rates. The Penalty for Usury (Unlawful Interest Rate) is twice the total of all interests, charges, attorney’s fees, and court costs.
  5. Illinois Securities Fraud Laws: Both the Illinois federal and state laws control the crime of securities fraud. The crime involves engaging in any deceptive practice dealing with the sale of securities. These crimes include dealing in securities despite not being a registered dealer or dealing in securities issued after September 6, 1955, and not being registered or having a permit to do so.
    It can be committed when a corporate officer or director misrepresents, withholds, or distorts information relating to a company’s stock (i.e., its value) or an officer unlawfully discloses that information and an individual or entity acts unlawfully on that disclosed information. The department registers those who offer and sell business opportunities, securities offerings, investment advisers and salespersons and representatives, broker-dealers, business brokers, and loan brokers.
  6. Illinois Security Deposit Laws and Deadlines: A security deposit is a money a tenant pays to a landlord to cover damage or clean rental property. In Illinois, the amount that a landlord may charge as a security deposit has no limitation. Landlords may also charge deposits in case of damages or as an advance payment on last month’s rent. The landlord must return the security deposit of a tenant within 30 to 45 days after moving out.

How to Remove a Registered Agent for LLC in Illinois

A registered agent for LLC in Illinois can be removed by submitting a Statement of Change with the Illinois Secretary of State with a filing amount of $25.

There are a variety of reasons why you may want to remove your LLC’s registered agent. Perhaps you’ve relocated or left the company, or you’ve just become dissatisfied with your current service. Either way, you’ll need to know how to remove a registered agent in Illinois. Changing the registered agent can be a hassle, but it doesn’t have to be. There are a few ways to do it without incurring a lot of costs.

To change your registered agent in Illinois, file a statement with the Secretary of State. You can do so online or by mail. The state’s website offers a convenient search function, and you can even pay by credit card or check. If you are planning to change the registered agent, be sure to follow all of the company’s filing requirements. Otherwise, you may risk losing important documents. Make sure you carefully read all documents to make sure you’ve completed them accurately.

An Illinois LLC requires a local registered agent. These individuals must live and work in Illinois and have a physical address that they can attend during normal business hours. Choosing a registered agent for an LLC is important because you’ll have to deal with a lot of government documents, so you’ll want to choose a registered agent that’s based in Illinois. If you’re planning to file for a corporate entity in Illinois, you can use a virtual mailbox service. You can choose to hire a registered agent from one of these companies, and you’ll be able to keep your records and communicate with the state with ease.

To change your LLC’s registered agent in Illinois, you must go to the Secretary of State’s website. The company will charge you a $25 processing fee. If you’re in a hurry, you can choose an expedited service, which costs $100 and has a 24-hour turnaround time. The fee is nonrefundable, so make sure you can pay up front. You may also have to pay a fee if you’re moving out of Illinois.

In some cases, the registered agent can be a local business entity or an employee of the owner of the business. Many business owners choose to designate a lawyer or accountant as their registered agent, but there are times when it’s not possible to find this person to serve as an agent. Changing your registered agent can cost up to $50, so be sure to get some money to cover this fee. However, in most states, changing your registered agent will cost you between $25 and $50. In some states, it’s a worthwhile investment.

Changing your registered agent for your LLC is easier than you might think. Most states require that you change your registered agent information at least once a year. In most cases, you don’t have to notify your old registered agent, but it is common courtesy. Just make sure to clear any outstanding dues with your old agent before you make the change. This should only take a few minutes. You’ll have more time to find a new registered agent.

F.A.Qs

Do you need a registered agent for your LLC in Illinois?

All corporations and limited liability companies doing business in Illinois are required by state law to appoint an Illinois registered agent. Illinois registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.

Who qualifies to be a registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.

Why should you not act as your own registered agent?

If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.

 

In Conclusion

Before you choose a registered agent for your Illinois LLC, compare their price and services from the table. They will be responsible for all your documentations, filings, and other LLC-related tasks. Hence, choose the best one for your business that provides 100% accurate service at a reasonable price.

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