PLLC owners must get an IDFPR login to register their business with the department, in addition to their personal registration. The IDFPR started cracking down on PLLCs a couple years ago. The registration process is obscure and hard to navigate, and help is hard to find. So, you have a new PLLC. Congratulations! Whether you just formed it [...]
PLLCs now required. Professionals licensed by the IDFPR: there has been a major change to the LLC statute in Illinois. It likely affects you and your business. Previously, licensed professionals were able to form their businesses as LLCs. Now, these businesses must register as a Professional LLC (PLLC). This change went largely unenforced, but no longer. Attention IDFPR [...]
(date: November 4th, 2019) The Illinois Department of Financial and Professional Regulation (IDFPR), the arm of the government in charge of licensing cannabis dispensaries, recently compiled and published their answers to the questions they have received about the application process. The law leaves many issues unresolved, and this resource clarifies a lot of them. One of the key parts [...]
(date: July 24, 2019) Anyone wishing to break into Illinois’s new recreational marijuana industry should start preparing to apply for an operational license as soon as possible. Knowing when to apply and how the State will score applicants improves your chances of getting a license. Here is what we know about the process so far: Applications must [...]
Starting up a new business can be very exciting! You get to plan where you want your business to be located, what you want it to look like, what you want to name it, and make other fun decisions. Then there are the steps that you take because it’s part of running a business. When starting a new business, [...]
