Public Act 100-0571 significantly decreases the filing costs for Illinois small businesses. With the implementation of the signed legislation, limited liability companies (LLCs) will benefit from a reduction in startup, annual, and other LLC filing fees. The fee changes include the following, among others:
Item |
Prior to SB 867 |
Current |
| LLC Filing Fee | $500 | $150 |
| Reinstatement | $500 | $200 |
| Reserved Name Application | $300 | $25 |
| Annual Report | $250 | $75 |
| Amendments | $150 | $50 |
| Name Transfer | $100 | $25 |
