Hey there! Are you currently in the process of forming an LLC in Illinois but feeling a bit unsure about how to go about naming your business? Well, you’re in luck! In this engaging video by Northwest Registered Agent LLC, we’re going to cover all the important factors you need to consider when choosing a name for your Illinois LLC. From including the necessary “LLC” designation to avoiding certain words, symbols, and numbers, we’ve got you covered. Plus, we’ll even show you how to check if your desired name is available in Illinois. And if you want even more in-depth information, be sure to check out their comprehensive article on naming your Illinois LLC. State paperwork can be a bit overwhelming, but don’t worry, we’re here to help.
In this informative video by Northwest Registered Agent LLC, Lauren and Taylor discuss the ins and outs of naming your LLC in Illinois. They cover important details such as including “LLC” in the name, checking the availability of your desired name using the Department of Business Services Database, and avoiding certain words, symbols, and numbers. They also mention that terms related to other business entities, like corporation or incorporated, cannot be used in the LLC’s name. So, if you have any questions or need further assistance with naming your Illinois LLC, don’t hesitate to reach out. They’re more than happy to help!
Naming Your Illinois LLC
Naming your LLC in Illinois is an important decision that requires careful consideration. Your business name represents your brand and can have legal implications. In this article, we’ll discuss the requirements for including “LLC” in the name, how to check name availability, words to avoid, and the use of symbols and numbers in your LLC name.
Including LLC in the Name
Requirement to Include LLC in Name
When registering your company with the Illinois Secretary of State, it’s mandatory to include “LLC” or a variation like “Limited Liability Company” in the name. This serves to identify your business structure and provide transparency to customers, clients, and other businesses.
By including LLC in your company name, you establish your business as a separate legal entity and protect your personal assets from the liabilities and debts of the company. It also adds credibility and professionalism to your brand.
Variations of LLC
While “LLC” is the most common and recognized abbreviation, Illinois allows a few variations of “Limited Liability Company” to be used in the name. These variations include “L.L.C.” and “LLC.”
However, it’s important to note that the use of variations does not change the fundamental legal structure of your business. It simply provides some flexibility for how “Limited Liability Company” is abbreviated in your LLC name.
Checking Name Availability
Before settling on a name for your Illinois LLC, it’s crucial to ensure that the name you want is available and distinguishable from other registered businesses. This helps avoid potential legal issues and confusion in the marketplace.
Using the Department of Business Services Database
The Department of Business Services in Illinois maintains a comprehensive database of registered businesses in the state. You can search this database online to check if the name you want for your LLC is already in use by another company.
By conducting a search through the Department of Business Services database, you can confirm if your desired name is available, or if you need to come up with a different and distinguishable name for your LLC.
Contacting the Illinois Secretary of State
In addition to using the online database, you can also contact the Illinois Secretary of State directly to verify the availability of your desired LLC name. The Secretary of State’s office can provide guidance and information regarding naming requirements and restrictions.
It’s highly recommended to reach out to the Secretary of State’s office to confirm the availability of your desired name, as they have the final authority to approve or deny LLC names based on their database records and legal requirements.
Avoiding Certain Words
When naming your Illinois LLC, it’s important to avoid using certain words or endings that can create confusion with other types of business entities. This helps maintain clarity and ensures that your LLC is not mistaken for another business structure.
Entities Endings to Avoid
You should avoid using entity endings such as “Corporation,” “Limited Partnership,” or “Trustee” in your LLC name. These endings are typically associated with different types of business entities, and using them in your LLC name may require additional legal steps or cause complications.
By choosing a name that does not include these entity endings, you can avoid unnecessary confusion and potential legal barriers when registering your LLC.
Different Entity Types and Requirements
Each type of business entity has its own set of requirements and restrictions when it comes to naming. For example, if you want to establish a corporation, you would need to meet specific criteria and follow different rules compared to forming an LLC.
By avoiding words and endings associated with other entities, you ensure that your LLC name accurately represents your business structure and prevents any misunderstandings or legal issues.
Using Symbols and Numbers
In Illinois, you have the flexibility to include symbols, numbers, and special characters in your LLC name. This allows for creative branding opportunities and can make your business name more memorable. However, it’s important to follow the guidelines and restrictions set by the Illinois Secretary of State.
Allowed Characters
You can use letters of the alphabet, numbers, and Roman numerals in your LLC name. This gives you the flexibility to create unique and eye-catching names for your business.
Approved List of Special Characters
In addition to letters and numbers, the Illinois Secretary of State has an approved list of special characters that you can use in your LLC name. This list ensures that the symbols used are recognized and supported by the state’s registration system.
Before submitting your application for the Articles of Organization, it’s recommended to double-check with the Secretary of State to ensure that the symbols and characters you want to use are available and comply with the guidelines.
Confirming with the Secretary of State
While you have the freedom to use symbols and numbers in your LLC name, it’s important to confirm with the Illinois Secretary of State that your desired name is available for registration. The Secretary of State has the final authority to determine if a name is distinguishable and can be used for your LLC.
By consulting with the Secretary of State, you can avoid any potential issues, ensure compliance with the naming requirements, and proceed with confidence in establishing your Illinois LLC.
Conclusion
Naming your Illinois LLC is a crucial step in establishing your business and building your brand. By following the requirements to include LLC in the name, checking availability with the Department of Business Services database or contacting the Illinois Secretary of State, avoiding certain words and entity endings, and understanding the guidelines for using symbols and numbers, you can choose a name that accurately represents your LLC and complies with state regulations.
Remember, the Secretary of State has the final authority on whether a name can be used, so it’s essential to confirm with them before finalizing your LLC name. By taking the time to carefully consider and select a name, you set your Illinois LLC up for success and create a strong foundation for your business.