Compare Business Types in Illinois
Side-by-side comparison of all business entity types. Find the best structure for your Illinois business.
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| Feature | Corporation | LLC | Nonprofit | Partnership | S-Corp |
|---|---|---|---|---|---|
| Filing Fee | $150 | $150 | $50 | $100 | $150 |
| Processing Time | 10-15 business days | 10-15 business days | 5-10 business days | 5-10 business days | 10-15 business days |
| Annual Tax | $25 | — | — | — | — |
| Registered Agent | Required | Required | Required | Required | Required |