Annual reports with the Secretary of State in Illinois are formal documents that businesses are required to submit each year to provide important information about their company's activities, financial status, and ownership. These reports help the state government track and regulate businesses operating within the state, ensuring transparency and compliance with state laws and regulations.
There are 5 different ways to file an annual report in Illinois depending on your legal entity type and tax classification. Follow the guide below to help you file your annual report with the Secretary of State in Illinois or use Mosey to do it.
Use Mosey to automate annual reports in Illinois.
Avoid the hassle of doing it yourself and use Mosey to automate foreign qualification, annual reports, and registered agent service.
Illinois Annual Report for LLP
As a limited liability partnership incorporated in Illinois, you are required to file a Renewal Statement of Domestic Limited Liability Partnership (Form UPA-1003-(D)) with the Secretary of State every year. The report is due within 60 days immediately preceding the registration anniversary date. Note: The filing fee is $100 per partner.
Complete Renewal Statement Form
Complete a Renewal Statement of Domestic Limited Liability Partnership (Form UPA-1003-(D)).
File Renewal Statement Form
Mail your completed Renewal Statement of Domestic Limited Liability Partnership (Form UPA-1003-(D)) and filing fee payment to the Secretary of State's Department of Business Services. Note: Make checks payable to the "Secretary of State."
Illinois Annual Report for Corporation
Nonprofit organizations must file an annual report with the Office of the Illinois Secretary of State each year following the issuance of the Authority to Transact Business in Illinois. The Annual Report is due prior to the first day of the nonprofit corporation’s anniversary month (the month in which the Certificate of Authority was issued) and a pre-printed form will be sent to the registered office in Illinois approximately 60 days before.
File Annual Report
Mail your completed Domestic/Foreign Nonprofit Corporation Annual Report (Form NFP 114.05) and check for the filing fee to the Secretary of State, Department of Business Services.
Illinois Annual Report for LLP
As a foreign limited liability partnership registered in Illinois, you are required to file a Renewal Statement (annual report) to the Secretary of State every year. The report is due within 60 days immediately preceding the registration anniversary date.
Obtain a Certificate of Good Standing
Illinois requires a Certificate of Good Standing or Existence from your home state
Submit Renewal Statement of Foreign Limited Liability Partnership
Mail the completed Renewal Statement of Foreign Limited Liability Partnership (Form UPA-1003-(F)), the Certificate of Good Standing, and filing fee payment to the Secretary of State's Department of Business Services.
Illinois Annual Report for LLC
As a limited liability company registered in Illinois, you are required to file an annual report to the Secretary of State every year. The report is due within 60 days immediately preceding the first day of the anniversary month.
Search your LLC File number
Look up your file number by searching for your business's name.
File Annual Report Online
After getting your business file number, log in to the Secretary of State's Online Business Services to file an annual report.
Illinois Annual Report and Franchise Tax for Corporation
Businesses must file an annual report with the Office of the Illinois Secretary of State each year following registration. Note: A business filing the annual report is also subject to the annual franchise tax based on its paid-in capital at the time of filing the annual report. If your business owns property outside of Illinois and or transacts business outside of Illinois, or if there have been changes in your business's authorized shares, issued shares, and or paid-in capital, you cannot file an annual report online. The pre-printed form will be sent to your business's registered office in Illinois approximately 60 days before it is due. The annual report and annual franchise tax payment are due prior to the first day of the corporation’s anniversary month (the month in which the Certificate of Authority was issued).
Calculate Franchise Tax
Calculate your franchise tax liability based on the amount of paid-in capital multiplied by the Illinois allocation factor.
File Annual Report
Complete the Foreign Corporation Annual Report (Form BCA 14.05). Franchise tax payment must be made by check or money order payable to the Secretary of State. Increases to paid-in capital must be reported reported using the Cumulative Report of Changes in Issued Shares and Paid-In Capital return (Form BCA 14.30) and is due no later than the corporation’s annual franchise tax filing.
What else do I need to know?
There may be additional things you will need to do to maintain your "good standing" in the state including having a registered agent and other kinds of taxes.
Maintaining a Registered Agent
Most states require that you have a registered agent that can receive important mail from the Secretary of State should they need to contact you. There are many commercial options available or you can use Mosey to be your registered agent and keep your information private in Illinois.
Other Taxes
In addition to maintaining a registered agent, maintaining your good standing can include additional taxes. This can include franchise tax, sales tax, or other state taxes. You can use Mosey to identify these additional requirements to maintain good standing in Illinois.
