Illinois Business License

Illinois Business License

Illinois Small Business Information

Are you now planning on starting a new business in Illinois? If so, it's worth visiting the official website of The Illinois Department of Commerce and Economic Opportunity (IDOC). The comprehensive site offers information for anyone who is starting or running a business in Illinois. You'll find a complete guide on starting an enterprise as well as helpful guides on marketing and financing and how to acquire a business. It's a fantastic first step on the journey to independent business success.

You will also want to research on The Illinois Small Business Development Center (SBDC) website. This valuable resource offers a range of features, including expert advice for business and assistance with management. The SBDC in Illinois is part of a more extensive, national network of development centers to help business people. The SBDC and IDOC work together closely and offer significant support on their website.

Another potential resource is the Small Business Administration (SBA), which is a federal administration with a district office located in Chicago. On their website, you can check for resources, news, and special events for business people. It's also worth grabbing a copy of their downloadable "Resource Guide for Small Business." You'll be able to cover the basics, so you have a complete grounding in what you need to succeed as an Illinois business.

Get One or More Business Licenses

Depending on the particular type of business you run, you may not need a license. Some may require more than one, so it pays to do your research. A particular type of license is "regulatory" and will cover issues like employment and the environment. Your business may also need a license that comes from various regulatory agencies in the state of Illinois. One example is that if you need a permit because of environmental concerns, you'll deal directly with the Illinois Environmental Protection Agency. The Illinois Department of Labor is the bureau that handles all issues regarding employment. If you need any more information on these subjects, check the "Registration, Licenses, and Permits" section on the central government website for Illinois.

Don't forget; you may also need local permits from your municipality. A prime example is the city of Chicago, which has many of its strict requirements for a business license. It's always worth performing a search and discovering the critical details before you proceed. Most cities and counties have websites where you can find out more about what licensing requirements are in place.

File Records For Your Form of Business

You may also need to have specific legal forms for your business. These included incorporation records for LLCs and corporations. All of these types of companies require filing official documents with the Secretary of the State of Illinois. Their website will have all the information needed to choose and complete the right forms.

It's your responsibility to file all appropriate paperwork with the state. Since the pertinent details are widely available, it makes sense to research the topic as it relates to your industry.

Obtain Professional Licensing

Many occupations and professions also require licensing by the State of Illinois. The Illinois Department of Financial and Professional Regulation (IDFPR) controls regulations for each of them. They maintain a comprehensive website that contains all the documents and information you need to understand your obligations. They also have a list of the professions they regular. Check out the dozens of entries to ensure that you know whether you need to file.

Register a Fictitious or Assumed Business Name (Trade Name)

It's possible that you don't operate a company using your name. Most business owners work with a specific business name. Other companies register with one name but then use different names to describe their business to customers. These fictitious or assumed names are known as DBAs (Doing Business As) names or trade names.

If you do run a corporation or LLCs, or limited liability corporation that uses a fictitious name, you need to first register that name with Secretary of State's Office. If you're running a general partnership or a sole proprietorship, then the county clerk in your area will handle the duties.

The Secretary of State's website maintains an extensive resource of information about Assumed Name Adoptions. Your county's site will also have instructions that you can follow.

You may decide to add a DBA at any time. If you sell a specific product or service that your customers recognize, this is one way to communicate branding. You possibly may need a service or trademark, too, if you have a recognizable brand in the state.

Register a Trademark or Service Mark

You may have a service mark or trademark that identifies your brand. If so, it's possible you may want to register with the state of Illinois. Check out the SOS site to discover how a state mark can help your business. Read the document 'Registration and Protection of Trademarks and Service Marks: A Digest of Illinois Law' for an overview.

Don't forget; you may also need local permits from your municipality. A prime example is the city of Chicago, which has many of its strict requirements for a business license. It's always worth performing a search and discovering the critical details before you proceed. Most cities and counties have websites where you can find out more about what licensing requirements are in place.

File Records For Your Form of Business

You may also need to have specific legal forms for your business. These included incorporation records for LLCs and corporations. All of these types of companies require filing official documents with the Secretary of the State of Illinois. Their website will have all the information needed to choose and complete the right forms.

It's your responsibility to file all appropriate paperwork with the state. Since the pertinent details are widely available, it makes sense to research the topic as it relates to your industry.

Obtain Professional Licensing

Many occupations and professions also require licensing by the State of Illinois. The Illinois Department of Financial and Professional Regulation (IDFPR) controls regulations for each of them. They maintain a comprehensive website that contains all the documents and information you need to understand your obligations. They also have a list of the professions they regular. Check out the dozens of entries to ensure that you know whether you need to file.

FAQ

You can find the required licensing, permits, and regulations by visiting the county or city website. 
A general business license is required in most cities and counties throughout Illinois. However, some businesses do not require one. If they operate their business from within the city limits, some businesses might need to obtain an occupations license from the Zoning Division.

Most Illinois businesses must register with the State. You must register with the State to create a limited partnership, corporation, or LLC. If you run a business under a different name than the owners, you must register it with the county or city.

Some licenses or permits can be:

  • Illinois Department of Labor License or Permits (Child Labor Work Permits, Farm Labor Certificates, Street Trades Certificate of Registration, etc.
  • You can find a complete list of licensed and regulated professions at the Illinois Department of Financial & Professional Regulation website.
  • Liquor licensing

In general, the following questions will be asked:

  • Name of the business
  • Are you a company with employees? How many?
  • Legal status (Individual, Sole Proprietor, Corporation, etc.)
  • Taxpayer Identification Number (EIN).
  • Liste of products and/or services that are offered or sold
  • Date the business was established
  • Business address
  • Name and address for owners/operators
  • Are you a wholesaler, retail/service, or construction business?

START DRIVING

ONLINE LEADS TODAY!

ChamberofCommerce.com
Loading