Home State vs Foreign State › Illinois › vs Nevada
Illinois LLC vs Nevada LLC with Illinois registration
Forming in Illinois costs $150; forming in Nevada costs $425 and then Illinois charges $150 to register it, so $575 to start.
Line by line
| State fee | LLC formed in Illinois | LLC formed in Nevada, registered in Illinois |
|---|---|---|
| Formation in Nevada | None | $425 |
| Formation in Illinois | $150 | None |
| Illinois foreign registration | None | $150 |
| Nevada yearly filing, two years | None | $700 |
| Illinois yearly filing, two years | $150 | $150 |
| Two years of state fees | $300 | $1,425 |
Over two years the Nevada route costs $1,125 more in state fees than forming at home.
State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.
If you register in Illinois
Mainstay Filing prepares the Illinois registration (Form LLC-45.5, Application for Admission to Transact Business) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Illinois are on the Illinois page.
Where the numbers come from
Nevada: formation and yearly filing from Nevada’s own pages. Illinois: foreign registration and yearly filing from the Illinois Secretary of State, Department of Business Services, Limited Liability Division and the sources on the Illinois page.