Decide on a business structure when starting a business in illinois, you need to decide if you want to operate as a sole.

How much is a dealer license in illinois. If additional space is needed for. Dealer licensing section 501 s. If you are dealing with used.

069 springfield, il 62756 ilsos.gov do not complete this application until you read all instructions. Fee schedules all are payable to the secretary of state: For a supplemental dealer license certificate of authority needed for each additional location, $100 per year or $50 if filed after june 15.

Steps to obtain an illinois wholesale license step 1: This is required for any business that conducts financial transactions in illinois, and therefore. Business license that typically costs anywhere from $25 to $125.

A $1000.00 license fee for applicants established place of business, but if such application is made after july 1st, the license fee is $500.00. A bond or certificate of deposit in the amount of. Illinois dealer surety bond you must have a $20,000 illinois dealer surety bond in effect before you get your illinois dealer license.

Licenses, permits and registrations commercial licenses attention: An illinois dealer surety bond protects customers against. Obtain an employer identification number, also known as a federal tax id.

Surety bond to protect your clients that can cost anywhere from $800 to $2,000 annually. Submit your dealer license application submit your application form, along with all supporting documentation, to the illinois vehicle services department. The maximum amount that illinois dealers can charge in 2021 for documentary preparation fees is $303.60, the illinois attorney general’s office announced dec.