What do I need to do to form a corporation?

In Illinois, forming a corporation requires a few steps. First, you need to choose a name for your corporation. This name must end with “Corporation” or “Inc.” and must not conflict with any other registered business. Once you have chosen a name, you will need to register it with the Illinois Secretary of State. Next, you will need to create and file Articles of Incorporation. This document outlines the purpose of the business, the name and address of the incorporators, and other key information. Third, you will need to obtain a federal Employer Identification Number (EIN) for your business. This number identifies your corporation to the Internal Revenue Service. Fourth, you will need to pay the appropriate filing fees and file your Articles of Incorporation with the Secretary of State. This finalizes the incorporation process. Finally, you will need to obtain any necessary business licenses and permits. Depending on the type of business you are operating, you may need additional documents and approvals. Once you have completed the above steps, you will have formed your corporation in Illinois. You may want to consult an attorney to ensure that you have completed all of the required steps and duties.

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