What is an annual report?
An annual report provides the state with important details about an organization, including the business name and address. In Illinois, annual report filings also include information about franchise tax fees (corporations only).
Filing an annual report in Illinois is not optional for corporations, LLCs, nonprofits, and LPs, This required gov annual registration keeps your business in good standing with the state.
FastFilings can help you submit your Chicago corporate annual report or Chicago LLC annual report in just five minutes.
Which types of businesses must file an annual report?
To conduct business in Illinois, the following types of entities (both foreign and domestic) file an annual report with the IL Secretary of State.
- Limited liability companies (LLCs)
- Nonprofits and cooperatives
- Limited Partnerships (LPs)