LLC Formation Lawyer in Chicago

The limited liability company (LLC) is the most popular business structure for small and mid-sized businesses due to its combination of liability protection, tax flexibility, and operational simplicity. At Liberum Law, our LLC formation attorneys in Chicago help entrepreneurs establish LLCs that are properly structured from day one.

Forming an LLC in Illinois involves choosing and reserving your business name, preparing and filing Articles of Organization with the Illinois Secretary of State, drafting a comprehensive operating agreement, obtaining an EIN from the IRS, and registering for applicable state and local taxes and licenses.

The operating agreement is arguably the most important document in LLC formation. It governs member rights and responsibilities, profit and loss allocation, management structure, decision-making procedures, transfer restrictions, and dissolution provisions. Even single-member LLCs benefit from a well-drafted operating agreement.

Our LLC attorneys also advise on multi-member LLC structuring, series LLC formation, professional LLC requirements, and conversion from other entity types. Contact Liberum Law for a free LLC formation consultation.