How to Dissolve an LLC in Illinois

What you need to know about Illinois LLC dissolution

Illinois requires tax clearance from the Department of Revenue before dissolution. Filing fee is $5 for LLCs.

Illinois LLC dissolution is handled by the Illinois Secretary of State. The official form is called the Statement of Termination, and it must be signed by an authorized member, manager, or officer of the LLC.

Illinois dissolution process

1. Member or manager approval — per your operating agreement, get the required approval to dissolve.
2. Wind up affairs — collect receivables, pay outstanding debts, distribute remaining assets to members.
3. Obtain tax clearance — confirm with the Illinois Department of Revenue that all state taxes are paid.
4. File the Statement of Termination — submit to the Illinois Secretary of State along with the $5.00 filing fee.
5. File final federal and state tax returns — marked as "final return."
6. Cancel licenses, permits, and registrations — local, state, and any other jurisdictions.

Illinois Secretary of State resources

• Illinois Secretary of State business filings
• Official form: Statement of Termination
• State filing fee: $5.00
• Notes: $5 filing fee

What we file for you

When you use DissolveYourBusiness.com to dissolve your Illinois LLC:

• We prepare the Statement of Termination based on the information you provide.
• We file it with the Illinois Secretary of State on your behalf.
• We email you the state confirmation when the filing is processed.
• Our service fee is a flat $75. State fees are paid separately.

We do not file your federal or state tax returns, cancel your EIN, or close your business licenses — those steps are your responsibility. We focus on the state dissolution filing.