Corporations
Forming a Pennsylvania corporation instead
A Pennsylvania business corporation files Articles of Incorporation for $125. Its annual report is also $7, but it is due by June 30, not September 30.
We file corporations too. Pro and Premium include bylaws and initial corporate documents.
Taxes and publication
Pennsylvania income tax and publication
The Pennsylvania Department of Revenue lists the personal income tax rate as 3.07%.
Publication: Pennsylvania has no newspaper publication requirement for LLCs.
Operating in Illinois
Foreign qualification: register where you operate
Forming in Pennsylvania does not take your company out of Illinois. If your Pennsylvania company has an office, staff or regular operations in Illinois, it generally has to register in Illinois as a foreign company before it does business here. For an LLC that is the Application for Admission to Transact Business, and the Illinois fee is $150, the same as forming a new Illinois LLC.
After that you pay both states every year: Pennsylvania's own annual costs plus the Illinois annual report, $75 for an LLC. You also need an Illinois registered agent with a street address here. That is the double cost most Illinois founders do not see coming, and it is why a business that only operates in Illinois is usually better off with an Illinois LLC.
If you do form in Pennsylvania and operate here, we can be your Illinois registered agent from our staffed office in Chicago.