Forming an LLC in Illinois. LLC's are enduring business entities. They have a business life that extends beyond an owner, principal or partner. Forming an LLC avoids any legal entanglements or even termination of the business in the event of long-term disability or death. The main reason most companies form a Limited Liability Company (LLC) in Illinois is to safeguard their personal assets. By forming an LLC in Illinois, you are free to conduct your business without worrying that you might lose a home, a car, or any of your personal savings because of a business liability. This is, in fact, one of the best moves you can make to protect your personal property when you own your own business in Illinois. Our partner is the leading incorporation service provider with more than 100 years of experience servicing the entrepreneur and small business community.
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