Do You Need a Business License to Sell Online in Illinois?

If you live in Illinois and want to sell products or services online, you might be wondering if you need a business license. Yes, a business license is required in Illinois for internet sales. The kind of license you require will, however, depend on the nature of your company.

The majority of companies in Illinois must obtain a license from the state and the local government. A standard business license, a seller’s permit, or both may be required. All companies doing business in the state must have a general business license. For companies that sell tangible goods, a seller’s permit, commonly referred to as a resale certificate, is necessary.

Property within an LLC is owned by the LLC, not by the individual members. As a result, if an LLC member leaves the business, they do not inherit any ownership interest in the assets. Nevertheless, based on the conditions of the operating agreement, members can have the right to use the property.

Although a S Corp has many advantages, there are a few drawbacks to take into account. The added administration and paperwork needed is one of the main drawbacks. The number and kind of shareholders are also restricted, and each shareholder must be a citizen or resident of the US.

Your needs and preferences will determine which of LegalZoom and ZenBusiness you should use. Although LegalZoom has a better track record and a greater selection of services to provide, it is also more expensive. Although ZenBusiness is more cost-effective and provides a simplified, user-friendly interface, its services are less extensive.

For certain organizations, ZenBusiness Premium’s enhanced features, such faster filing and compliance monitoring, may be worth the extra fee. However, it’s crucial to consider your unique requirements and spending capacity before determining whether ZenBusiness Premium is worthwhile for you.