How to Form an S-Corp in Illinois

Article written by Illinois Attorney Kevin O’Flaherty

In this article, we explain how to form an S-Corp in Illinois. We answer the question “what is an S-Corporation?” and “should I work with an attorney to form an S-Corp?” We discuss restrictions on who can be a shareholder of an S-Corporation as well as the steps required to form an S-Corp in Illinois.

For some foundational information on whether an S-Corp is the right corporate form for your business, check out our article: What is the Difference Between an S-Corp and an LLC in Illinois?