BizSugar.com › Legal › 50 States of Incorporation: Illinois

Despite of the many booming industries in Illinois, the state placed 38th in a Forbes list of the ‘Best States to do Business In.’ Unfortunately, a fairly high corporate tax rate combined with hefty state fees and a regulatory government has made it a tad difficult to run a business in Illinois. However, when you factor in population, GDP, and the proximity of major shipping hubs, Illinois is still a great state for starting a business...