Illinois Restaurant Association joins the SBAC Coalition for Fair LLC Fees, supporting small business advocacy efforts
We welcome the Illinois Restaurant Association as our newest addition to our growing coalition in support of lowering LLC fees!
The SBAC is fighting to reduce our stateâ€™s unreasonably high LLC fees which are hurting the small business community, and weâ€™re excited to continue to expand our coalition with numerous business groups across the state who have come together to support this important cause.
Illinois has the highest LLC fees in the country. For example, it costs $500 to file an LLC in Illinois while the average cost of that filing in other states is less than $200. LLCs have become the preferred business structure for many small businesses because, not only are they afforded the same protections and tax benefits as corporations, but their flexibility helps companies secure financing, grow and prosper.
We thank the following groups for joining our coalition:
Lake County Chamber of Commerce * Lakeview Chamber of Commerce * The Effingham County Chamber of Commerce * Skokie Chamber of Commerce * Batavia Chamber of Commerce * Niles Chamber of Commerce & Industry * Jewish B2B * The Chamber for Uptown Chicago * Hoffman Estates Chamber of Commerce and Industry * Federation of Women Contractors * Northbrook Chamber of Commerce * Orland Park Chamber of Commerce * Chicago Area Gay and Lesbian Chamber of Commerce * The Industrial Council of Nearwest Chicago â€“ ICNC * TMA * Greater Oak Brook Business Leaders * Morton Grove Chamber of Commerce * eWomenNetwork Chicago & South Suburbs * Winnetka-Northfield Chamber of Commerce * Professional Womenâ€™s Club of Chicago * Highland Park Chamber of Commerce
* NAWBO Chicago * Quad Cities Chamber of Commerce * Aurora Regional Chamber of Commerce* GOA Regional Business Association
Click here to read the fact sheet on lowering LLCs.