What is the annual fee for an LLC in Illinois?

Illinois LLCs must pay a $75 annual report filing fee each year before the first day of their anniversary month (805 ILCS 180/50-1 and 180/50-5). The first report is due before the first day of your anniversary month in the year after formation. Online filing is available through the Illinois Secretary of State.

Filing Deadline

Your annual report is due before the first day of your LLC's anniversary month each year. If your LLC was formed on March 15, your first annual report is due before March 1 of the following year, and every March 1 thereafter. This deadline applies consistently every year your LLC remains active.

Late Penalties and Dissolution Risk

Missing the deadline carries serious consequences:

60-day grace period: A $100 late penalty applies if you file after the due date but within 60 days. You must pay both the $75 annual report fee and the $100 penalty.
120-day delinquency: If the report remains unfiled 120 days from the original due date, Illinois will administratively dissolve or revoke your LLC under 805 ILCS 180/50-5.

Administrative dissolution terminates your business entity and removes your liability protection.

Reinstatement After Dissolution

If your LLC is dissolved for missing the annual report, reinstatement requires:

Filing a reinstatement application
Paying a $200 reinstatement fee
Paying all delinquent annual report fees ($75 each year)
Paying the $100 late penalty
Paying any additional delinquency amounts

Annual Report Contents

Your annual report must include:

LLC legal name and file number
Jurisdiction of organization
Principal place of business or records office address
Names and business addresses of managers and members with manager authority
Registered agent and registered office information

Best Practice

File your annual report online before your anniversary month begins. Set a calendar reminder for the first day of your anniversary month to avoid the $100 penalty and potential dissolution. Contact the Illinois Secretary of State if you need to confirm your LLC's anniversary date.

This is general information, not legal advice.