Thursday, January 20, 2011

For you doctor's, dentists, and other service professionals out there... time to register your LLC

As of January 14, 2011, the Illinois Department of Financial and Professional Regulation (IDFPR) is requiring Limited Liability Companies formed by dentists, doctors, social workers, clinical professional counselors, social workers, veterinarians, clinical psycologists, marriage and family therapists, or  any other profession licensed by the IDFPR to register with the Department's Division of Professional Regulation. 


The LLC will need to disclose basic information about the LLC and the licensee or licensees responsible for LLC's operation.  All LLCs must be licensed within 90 days and the IDFPR intends to begin enforcement against companies that are not licensed. 

The fee for registration is $50 upon initial application and $40 per year on renewal.  The form can be found here.

No comments: