How Do I Dissolve an LLC in Illinois?

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Steps to Dissolve an LLC in Illinois

  1. Review the LLC’s operating agreement.
  2. Obtain approvals from members.
  3. Settle debts and taxes.
  4. File dissolution documents with the Secretary of State.

How Much Does it Cost to Close an LLC in Illinois?

To dissolve an LLC in Illinois:

  1. LLC owners must vote to dissolve.
  2. Cancel licenses and permits.
  3. Resolve outstanding tax and financial obligations.
  4. Notify creditors prior to dissolving.
  5. File Articles of Dissolution with the Secretary of State.
  6. Submit a Certificate of Good Standing.
  7. Pay filing fees.

Closing Your Illinois Business

To dissolve your LLC, follow these steps:

  1. Review operating agreement.
  2. Cancel licenses and permits.
  3. Pay outstanding taxes and debts.
  4. Notify creditors you are dissolving.
  5. File Articles of Dissolution with state.
  6. Submit Certificate of Good Standing.
  7. Pay filing fees.

By carefully considering factors such as cost and timeline, you can make an informed decision about whether this option is right for you.

Notify creditors after filing dissolution documents. This helps close your Illinois business.

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