Obtaining a Chicago Business License
A Chicago Business License is required to conduct, engage in, maintain, operate, or manage any business in the City of Chicago. To apply for a business license, you will need to complete a Business Information Sheet with details like the business name, ownership information, location address and square footage.
Licensing Process Efficiency
The City aims to foster a thriving business climate by efficiently issuing licenses and permits. However, owners still face numerous regulations. Learn requirements in advance and use available business resources so the licensing process doesn’t become an obstacle. Instead, let it open doors to operating legally and profitably.
Important Information about Chicago Business Licenses
Before applying, determine your business entity and obtain an Assumed Name Certificate if using a name other than your own. You may also need to register for tax IDs, permits, and zoning approvals. Understanding licensing agreements, building codes, and marketing regulations will further protect your business.
Quick Facts
- Limited Business Licenses (LBLs) are required for all Chicago businesses not specifically exempt from licensing requirements.
- Currently, the performance target for processing Limited Business Licenses is 3 days.
Relevant Questions
- How long does it take to get a business license in Chicago? If you register by mail or fax, you should receive your Certificate of Registration or License in approximately 6-8 weeks.
- Do I need a sellers permit in Illinois? Illinois requires that you register for a sales tax permit before you make any sales or purchases for resale, or when you hire an employee.
- Who is exempted from getting a license in Chicago? There are a number of different businesses that are licensed by other agencies and they are exempted from having to obtain a Chicago business license.
Additional Information
- Etsy doesn’t require sellers to have a business license to sell products via its platform. However, the state, county, and local municipality where you’ve formed your business may require you to hold licenses and permits to operate your company legally.