Law
Office of Marc D. Machtinger, Ltd.
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Welcome
to the
E-Business
Stationsm!
Save
in legal fees on the formation of your
Illinois business entity by efficiently transmitting
your information to us online.
What
is E-Start Your Businesssm?
How does this process work?
What
is E-Start Your Businesssm?
This is a feature designed for individuals who desire affordable legal
assistance in forming an Illinois business entity for their start-up or
existing business. This process allows the user to retain an experienced
attorney who will provide professional advice and assist in the appropriate
steps involved in forming a legally sound business entity. This is not
a "do-it-yourself" aide. Several "do-it-yourself" services can be found
on the World Wide Web in which no legal advice is provided (beware that
some of these services do not include an actual filing, fail to quote
you the mandatory government filing fees, and can lead you to regrettable
consequences due to lack of proper formation and maintenance of the business
entity). The expense of retaining an attorney initially is minimal compared
to the potential costs of correcting mistakes later. This process allows
the user to save in legal fees by reading our information and efficiently
transmitting information to us online, enabling us to pass on savings
in fees due to time saved.
How
does this process work?
Simply follow the 8 steps below and submit the online form to us. Your
information will be kept strictly confidential. We will review your information,
make sure your interests do not conflict with the interests of any of
our current or previous clients, and respond by e-mail with an estimate.
You are, of course, free to accept or decline our offer at that point.
If you accept, we will forward a retainer letter to you. You will not
be obligated to anything, and you will not incur any fees until you approve
our estimate and return our retainer letter with your payment. An advance
of the flat fee quote will be required at that point, and can be attended
to by check or with an online credit card payment. If you would like to
talk to us before making a commitment, feel free to Contact
Us at any point. After your information is processed, we will work
with you off line to be sure your needs are met.
Who
can use this process?
Anyone over age 18 who wishes to form an Illinois business entity is welcome
to use this process. A business entity can be formed in Illinois even
if none of the owners reside in Illinois so long as an Illinois registered
agent is designated (a service we can provide). If more than four owners
will be involved, please Contact
Us so that we can make arrangements for you.
Why
work with an Intellectual Property Attorney?
Protection of Intellectual Property is vital in today's business environment.
Intangible assets are increasingly becoming the most valuable assets of
businesses, and businesses rise and fall based on management of their
Intellectual Property assets. It is highly advantageous to investigate
Intellectual Property issues from the beginning of a business endeavor.
We include a free initial Intellectual Property consultation
with your business formation package. We will advise you regarding Intellectual
Property issues such as clearance searches and protection with respect
to trade name and trademarks, protection of inventions via design and
utility patents, infringement risks, copyright matters, procedures for
protecting trade secrets, etc.
What
services are included?
You will find our services to be quite comprehensive and thorough. Our
services generally include review of your information, a telephone consultation
to get to know you and fully evaluate your situation, counseling regarding
choice of business entity matters, and an initial Intellectual Property
consultation, if desired.
Once initial decisions are made, our Incorporation packages include the following services:
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Corporate name availability check (not a comprehensive trademark clearance search)
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Preparation and filing of Articles of Incorporation with the Illinois Secretary of State
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Recording of the Articles with one county, as appropriate,
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Preparation of Corporate By-Laws meeting the needs of the corporation
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Preparation of Pre-Incorporation Subscription Agreement
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Preparation of initial corporate minutes, including written consents of the shareholders in lieu of a meeting, and written consents of the directors in lieu of a meeting
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Issuance of initial stock certificates with proper legends and preparation of stock ledger
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Obtaining and assembling of corporate record book and corporate seal
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Preparation of IRS form SS-4 and obtaining of Federal Employer Identification Number
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Filing of IRS form 2553 to elect S Corporation status (S Corporation package only)
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Preparation of applications for registration with regulating authority (Professional Corporation package only - not including agency fee)
Our LLC services include all formation steps, preparation of operating agreement, and similar services (Contact Us for further information on LLC formation).
The costs listed below for the various packages include all of the above services, including materials, postage, photocopies, state filing fee and franchise tax (for up to $16,667.00 in capitalization), and county recording fee, assuming no complications or unusual circumstances, and assuming no more than four owners are involved.
Be sure to compare our services with any lower quote you find, and keep in mind our offer for a free initial Intellectual Property consultation - these packages are a very good value for a start-up business to consider.
Additional services for additional fees are also available, including trademark clearance searches, other intellectual property services, preparation of shareholders agreements/buy-sell agreements, employment agreements, and registered agent services including filing of annual report and maintaining corporate minutes.
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Services
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S-Corporation
Package
including expenses, see above |
$850
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$100
savings off our regular rate
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C-Corporation
Package
including expenses, see above |
$835
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$100
savings off our regular rate
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Professional Corporation Package
including most expenses, see above |
$1,025
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$100
savings off our regular rate
|
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LLC
Package
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.
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Other
Business Entities
|
Contact
Us
for a quote |
.
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Other
Services
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Trademark
Clearance Search
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$360
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valid
with corporate package
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Shareholders
Agreement/Buy-Sell Agreement
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$450-650
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valid
with corporate package
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Registered
Agent Services, preparation and filing of annual
report, maintaining corporate minutes
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$200/year
(not including franchise tax)
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.
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When
do I remit payment?
No initial costs are involved with submitting your request. After your
information is submitted, we will contact you by e-mail to provide you
with a firm estimate. You are free to either accept or decline the estimate
by return e-mail. If you accept, we will forward our retainer letter
to you. At that time, you can return the signed letter with your payment
by check, or use our online credit card payment system. There are no
hidden costs involved.
Ready
to begin?
Great, simply follow the 8 steps below and submit your information.
We look forward to working with you.
8 STEPS TO E-START YOUR BUSINESSsm
Step 1: Read our material related to
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Number
of parties who will share ownership of the business:
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| OWNER NO. 1: | |
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Full
legal name :
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Mr.
Ms.
Dr. |
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Citizenship:
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Mailing
Address:
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Telephone:
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Percent
of ownership of proposed business:
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If
property other than cash is to be contributed to the business
initially, list property in detail and provide value of each item:
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Total
amount of money and value of property proposed to be contributed
to the business initially:
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Social
Security Number:
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(If you prefer to supply this information off line, please Contact Us.) |
Provide information for additional owners as applicable:
| OWNER NO. 2: | |
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Full
legal name :
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Mr.
Ms.
Dr. |
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Citizenship:
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Mailing
Address:
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Telephone:
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Percent
of ownership of proposed business:
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If
property other than cash is to be contributed to the business
initially, list property in detail and provide value of each item:
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Total
amount of money and value of property proposed to be contributed
to the business initially:
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Social
Security Number:
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(If you prefer to supply this information off line, please Contact Us.) |
| OWNER NO. 3: | |
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Full
legal name :
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Mr.
Ms.
Dr. |
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Citizenship:
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Mailing
Address:
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Telephone:
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Percent
of ownership of proposed business:
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If
property other than cash is to be contributed to the business
initially, list property in detail and provide value of each item:
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Total
amount of money and value of property proposed to be contributed
to the business initially:
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Social
Security Number:
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(If you prefer to supply this information off line, please Contact Us.) |
Provide information for additional owners as applicable:
| OWNER NO. 4: | |
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Full
legal name :
|
Mr.
Ms.
Dr. |
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Citizenship:
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Mailing
Address:
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Telephone:
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Percent
of ownership of proposed business:
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If
property other than cash is to be contributed to the business
initially, list property in detail and provide value of each item:
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Total
amount of money and value of property proposed to be contributed
to the business initially:
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Social
Security Number:
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(If you prefer to supply this information off line, please Contact Us.) |
Your selection will be considered a preliminary selection. We will discuss your plans with you off line to assist you in selecting an appropriate entity.
The Law Office of Marc D. Machtinger, Ltd. does not provide tax advice. We recommend that you seek advice from a tax professional in order to explore the tax consequences of the entity choices, and to meet tax filing requirements and establish proper bookkeeping procedures.
Preliminary Selection of business entity:
| S Corporation | C Corporation | ||
| Limited Liability Company | Other - Specify: | ||
Please check one of the following: |
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The proposed owners have consulted a tax professional and determined that the form of entity indicated above is believed to be best for their tax purposes. | ||
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The proposed owners plan to consult a tax professional to determine which form of entity best suits their needs. Please do not file any forms until a final decision has been reached. | ||
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Based on resources other than this web site, the proposed owners believe the form of entity indicated above is best for their tax purposes, and the proposed owners accept full responsibility for this decision
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| Would you like a referral for a tax professional? |
yes no |
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| Principle place of business | |
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Street Address:
(P.O. boxes and c/o addresses are not permitted) |
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City:
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State:
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Zip
Code:
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County
(required):
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Telephone:
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Principal
activity of the business:
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List
all products or services intended to be sold:
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If
the principal business activity will involve manufacturing, what
are the principal product and raw material used?:
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To
whom will the principal products or services be sold?
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businesses (wholesale) public (retail) other: specify |
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What
is the highest number of employees expected during the next 12
months?:
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Will
any employees be either agricultural employees or household
employees?
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yes no |
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Will
the business involve the rendering of services by licensed professionals?
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yes - identify type of services: |
| no |
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Indicate
the full legal names of all individuals who will serve on the
board of directors.
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If
any named directors are not listed above as owners, include
full address and phone number:
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If
selecting a corporation, indicate the full legal names of the
individuals who will fill the following offices:
If the corporation will have only a single owner, that individual will usually serve as President, Secretary, and Treasurer. If two or more owners are involved, the President and Secretary should be different individuals, and all 4 offices below, including the office of Vice President should be filled. If any individuals are not listed above as owners, include full address and phone number. |
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President:
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Secretary:
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Treasurer:
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Vice
President:
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What is the proposed name of the business?
If forming a corporation, the name must end with one of the following: Corporation, Corp., Company, Co., Incorporated, Inc., Limited, or Ltd.
If forming a professional corporation for the rendering of professional services, the name must end in one of the following: Professional Corporation, Prof. Corp., P.C., Limited, Ltd., or Chartered.
If forming an LLC, the name must end in one of the following: Limited Liability Company, L.L.C., or LLC, and must not otherwise contain any of the previous terms.
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Proposed
name of business:
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| Important:
Note that the Secretary of State will generally allow the business
name so long as it is not identical or nearly identical to another
corporation or LLC name filed in Illinois. However, this does
not provide any indication whatsoever of the possibilities that
the use of the name in conducting business might be an infringement
on the rights of another party. If the business name is to be used in conducting business, we strongly recommend a professional trademark clearance search and study be conducting prior to the final selection of the business name. We also strongly recommend that the name not be used, and that investment in the name should be delayed until such a clearance study has been conducted, and until the Secretary of State approves the name. |
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Would
you like to request a professional clearance search and study
of the proposed business name (cost is $360 without logo)?
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yes |
| Automatic Services for Corporations: |
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Unless
discussed and otherwise agreed, our services will include the following:
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| Further Services for Corporations: |
| Please indicate whether you are interested in the following recommended further services: |
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Preparation
of shareholders' agreement/buy sell agreement:
(recommended if 2 or more shareholders are involved in order to clarify in writing in advance of any conflict how death, disability, transfers of interest, voting rights, and other matters will be handled) |
yes no unsure, would like to discuss further. |
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(additional
fee of $450-$650, depending on details).
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Registered
Agent Services, Preparation and filing of annual reports,
and keeping of corporate minutes: |
yes no unsure, would like to discuss further. |
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(additional
fee of $200 per year)
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Please indicate your objectives and any additional information you feel we should know to help meet your needs:
For further information regarding our LLC services, please Contact Us.
Step 8: Read this Important Notice and Submit your information/request
The use of the E-Start Your Businesssm system does not establish an attorney-client relationship until an engagement letter is signed by the attorney and client. However, your information will be kept strictly confidential.
The use of the E-Start Your Businesssm system does not in any way constitute legal advice and should not be relied upon to form an Illinois business entity without engaging qualified counsel to process your information and attend to the formalities of formation.
The user is solely responsible for the accuracy of the information submitted. Inaccurate information can result in a loss of rights and potential criminal penalties.
Use of the E-Start Your Businesssm process and submission of your information is not an actual filing of an application to form a business entity. Your information must be processed, and numerous steps must be attended to in order to properly form the entity.
You are advised to promptly seek professional advice regarding tax matters, insurance matters, liability matters, zoning ordinances and other government regulations, licensing requirements, employment agreements, intellectual property matters, and shareholders' agreements/buy sell agreements.
You will not incur any fees prior to your acceptance of our estimates.
Are you ready to submit your information?
Note: If you do not submit, your information will not be saved.
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