Illinois Annual Report: Complete Filing Guide & Requirements

Every business registered in Illinois must file an annual report to maintain good standing with the Illinois Secretary of State. With Palm’s professional filing service, you can ensure compliance while focusing on growing your business.

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Illinois Annual Report Requirements

The Illinois annual report is a required filing for all registered business entities. It updates the state with current information about your operations, leadership, and contact details, and is essential for maintaining your legal status.

Who Must File?

Illinois LLCs – Must file annually during the 60-day window before the first day of their anniversary month.
Illinois Corporations – Must file before the last day of the month preceding their anniversary month.
Nonprofit Corporations – Follow the same filing schedule as for-profit corporations.
Limited Partnerships – Required to file annually to maintain registration and good standing.

Filing Deadlines for Illinois Business Entities

Illinois uses anniversary-based deadlines, which vary based on your entity’s formation or registration date.

LLC Filing Window

You must file during the 60 days before the first day of your LLC’s anniversary month.
Example: If your LLC was formed in March, your filing window opens January 1 and closes the last day of the month prior to your anniversary month — in this case, February 28 (or February 29 in a leap year).

Corporation Filing Deadline

Corporations must file by the last day of the month before their anniversary month.
Example: If your corporation was incorporated in March, your annual report is due by February 28 (or 29 in a leap year).

Illinois Annual Report Fees and Costs

Entity Type

LLCs

Due date

$75.00

Entity Type

Corporation

Due date

$150.00

Entity Type

Nonprofit Corporation

Due date

Varies

Entity Type

Limited Partnership

Due date

Varies

Note: Nonprofits and partnerships may have reduced or entity-specific rates depending on structure and filing method.

Step-by-Step Filing Process

Gather Information – Have your entity ID number, registered agent details, business address, and management info ready.

Confirm Changes – Ensure any changes from the previous year are documented.

Step 1

Visit the Illinois Secretary of State’s online filing portal

Step 3

Enter the required information and review for accuracy

Step 5

Submit the report and save your confirmation receipt

Step 2

Access the annual report form for your entity

Step 4

Pay the required fee using an accepted payment method

Step 1

Visit the [State] Business Lookup on Palm

Step 2

Enter the Business Name or Entity Number

Step 3

Find the business by Name or Entity Number

Step 4

Review Business Status

Step 5

Use Palm to fix expired due dates and monitoring

What Happens If You Miss the Deadline?

Failing to file your annual report on time can lead to:

Late fees and penalties imposed by the state

Loss of good standing, which can limit banking, licensing, and contractual access

Administrative dissolution, resulting in the termination of your business’s legal existence

To reinstate your business, you’ll need to file a reinstatement form, pay outstanding fees, and meet additional compliance requirements.

Professional Illinois Annual Report Filing Services

Palm simplifies your annual compliance by managing your Illinois filing deadline, verifying your data, and submitting your report on time.

Why Choose Palm?

Anniversary-Based Deadline Tracking

We monitor your specific filing window and send timely reminders.

Accuracy Guarantee

Our team reviews your report for errors before submission.

Dedicated Support

We offer compliance help year-round, not just during filing season.

Ready to file your Illinois Annual Report?

Palm makes compliance easy with automated filing, expert review, and ongoing support. Join thousands of Illinois businesses who trust Palm for their compliance needs.

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+ state fees apply.