Do you need a business license in Chicago, Illinois?
Do you need a business license in Chicago, Illinois for a photography business? I'm curious if i need one or not in the future... And also could you tell me how to get one? Like do they test you on your business skills? And are there certain requirements?
- Anonymous8 years agoFavorite Answer
In order to start a business in Chicago, Illinois, you need a business license from the city. As explained by the City of Chicago Department of Business Affairs & Consumer Protection, there are other requirements depending on the legal structure of your business. And the type of business you operate determines the specific type of business license you need in the City of Chicago.
If your business is set up as a limited partnership, limited liability partnership, limited liability company, or corporation, you need to register the entity with the Illinois Secretary of State. You can do this online, by mail, or in person. If you set up a legal entity, you will also need a federal employer identification number, which you can request from the IRS.
If you operate your business as a sole proprietorship or general partnership and use an assumed name, you need to obtain an Assumed Name Certificate from Cook County Clerk's office. You can also do this online, by mail, or in person.
If you plan to hire employees, buy or sell products either wholesale or retail, or manufacture goods, you need to obtain an Illinois Department of Revenue Account ID Number. This applies whether your business is set up as a sole proprietorship or a legal entity. You can do this online by using the Illinois e Services Business Registration. You could also register in person or by mail, filing Form REG-1.
There are various types of business licenses in Chicago. You can find specific information under Business License Types on the City of Chicago website, with links to the applicable sections of the Chicago Municipal Code, and under Business License Fact Sheets.
You can apply for a business license in Chicago online. You could also apply in person or complete a Business Information Sheet. You will need to provide general information on the business, a description of your business activity, and information on the owners and officers. If your business is set up as a legal entity, you must provide the file number you receive when you register with the Illinois Secretary of State, your employer identification number, if applicable, and the Illinois Department of Revenue Account ID Number. License fees vary depending on the type of business and have to be renewed, for example every two years.
Depending on the type of business, a zoning classification review may have to be completed by the Department of Housing and Economic Development. And there may be inspections involved, also depending on the type of business. As reported by the City of Chicago, in September, 2011, Chicago Mayor Emanuel announced a series of ordinance amendments to shorten the time needed to obtain a business license. These amendments are mainly to reduce unnecessary or redundant inspections.Source(s): http://voices.yahoo.com/
- postal pLv 78 years ago
Determine your Legal Entity
Review your options for forming a legal entity for your business, evaluating ramifications for taxes and liabilities. Common types of legal entities include sole proprietorship, corporation, LLC, and Limited Partnership.
Register with the Illinois Secretary of State, either in person through paperwork or online. To register in person or by mail, send the correct paperwork to:
Illinois Secretary of State
69 W. Washington, Suite 1240
Chicago, IL 60602
Await an official response, detailing whether your registration was successful. This can take up to 30 business days, regardless of the method used for registration.
Register with Federal and Local Governments
Obtain an Illinois Business Tax Number (IBN) from the Illinois Department of Revenue. This is required by all businesses, whether they hire employees, buy or sell products and services, or manufacture their own goods. To obtain this by mail or in person, fill out or send the correct paperwork to:
Illinois Department of Revenue
100 W. Randolph
Chicago, IL 60601
Obtain an Employer Identification Number (also known as an EIN or Federal Tax Identification Number) from the federal government. To register in person or by mail, fill out or send the correct paperwork to:
IRS - Illinois
230 S. Dearborn
Chicago, IL 60604
Obtain an Assumed Name Certificate if you run a sole proprietorship or partnership that operates under an assumed name. To apply in person or by mail, send the correct paperwork to:
Cook County Clerk
50 W. Washington
East Concourse, Lower Level
Chicago, IL 60602
Apply for a Business License
Complete a Business Information Sheet. You can obtain this in person or online, at the website for the City of Chicago Department of Business Affairs & Consumer Protection.
Obtain any outstanding materials that are required for your business license. See the Department of Business Affairs & Consumer Protection's website for a list of special requirements and forms, based on business type.
Speak with a Department of Business Affairs & Consumer Protection consultant to determine the type of license you require. You can speak in person or online by going to:
City of Chicago
Department of Business Affairs & Consumer Protection
121 N. LaSalle St., Room 800
Chicago, IL 60602
In-person hours are 8:30 a.m. to 4:30 p.m. Phone hours are 8:00 a.m. to 5:00 p.m.
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- ?Lv 78 years ago
They do not test you on your business skills. That's up to you, which is why most new businesses fail. The requirements were answered well in the other answer.