LLC filing state of ohio [Real Research]

Last updated : Sept 18, 2022

How do you set up an LLC in the state of Ohio?

1. Name Your Ohio LLC.
2. Choose Your Statutory Agent.
3. Check If Your Ohio LLC Needs a Business or Vendor's License.
4. Prepare and File Articles of Organization.
5. Receive a Certificate From the State.
6. Create an Operating Agreement.
7. Get an Employer Identification Number.

Where do I file for an LLC in Ohio?

Businesses are required to register with the Ohio Secretary of State to legally conduct business in the State of Ohio. Businesses can file electronically via the Secretary of State's Ohio Business Filings portal.

How much does it cost to file an LLC in Ohio?

How much does it cost to form an LLC in Ohio? The Ohio Secretary of State charges a $99 fee to file the Articles of Organization. It will cost $39 to file a name reservation application if you wish to reserve your LLC name prior to filing the Articles of Organization.

How do I form an LLC for free in Ohio?

1. STEP 1: Name Your Ohio LLC. Choosing a company name is the first and most important step in starting your Ohio LLC.
2. STEP 2: Choose a Statutory Agent in Ohio.
3. STEP 3: File the Ohio LLC Articles of Organization.
4. STEP 4: Create an Ohio LLC Operating Agreement.
5. STEP 5: Get an Ohio LLC EIN.

How long does it take for an LLC to be approved in Ohio?

If you file your Ohio LLC online, the approval time is usually 2-3 business days. However, the approval time is based on the volume of filings. Often filings can be approved in 2 days or sometimes the same day. However, if the Secretary of State is busy, approval can take up to 3-4 business days.

Does an LLC need an EIN?

An LLC will need an EIN if it has any employees or if it will be required to file any of the excise tax forms listed below. Most new single-member LLCs classified as disregarded entities will need to obtain an EIN. An LLC applies for an EIN by filing Form SS-4, Application for Employer Identification Number.

How do I get an EIN number in Ohio?

Registration information as well as forms are available online or at (877) SOS-FILE. 2. Obtain a federal Employer Identification Number (EIN). Contact the Internal Revenue Service to learn additional information and an online application at IRS.gov(opens in a new window) - search "EIN."

How do I establish an LLC?

1. Choose your name. Naming your LLC is important administratively and also in the eyes of your customers.
2. Get an EIN. Your employer identification number (EIN) separates your personal identity from your business identity.
3. Register your business.
4. Open a bank account.
5. Build and launch your website.

Does Ohio require a business license?

Businesses are required to register with the Ohio Secretary of State to legally conduct business in the state — this is commonly called a business license. See Start a Business for more information.

How do I form a single member LLC in Ohio?

You create an Ohio SMLLC by filing Articles of Organization with the Ohio Secretary of State. To complete the articles you'll need to provide the official name of your new SMLLC, the name and address of the SMLLC's statutory agent, the agent's signature accepting appointment, and a few other basic details.

How much are Ohio business taxes?

Ohio Tax Rates, Collections, and Burdens Ohio does not have a corporate income tax but does levy a gross receipts tax. Ohio has a 5.75 percent state sales tax rate, a max local sales tax rate of 2.25 percent, and an average combined state and local sales tax rate of 7.22 percent.

How much does an LLC cost?

LLC Filing Cost Filing costs will vary depending on the state laws but generally range from around $40 to up to $500 . Along with filing the articles of organization, most states require that businesses obtain a business license. Business license costs range from around $50 to $100 in most states.

How is an LLC taxed in Ohio?

State Business Taxes By default, LLCs themselves do not pay federal income taxes, only their members do. Ohio, however, has a Commercial Activity Tax that applies to most Ohio business entities including LLCs. The tax is based on gross receipts for your business and is calculated at a small series of marginal rates.

Where do you file for LLC?

To establish your LLC as a legal entity, you'll file a document with the state agency that handles business filings in your state. In most states, this document is called the articles of organization, but some states use a different name, such as a certificate of formation. Each state has a form you can use.

How much does an Ohio business license cost?

How much does an Ohio business license cost? An Ohio business license can vary in cost depending on the type of license, which agency issues it and the profession or occupation that it licenses. A vendor license costs $25 while industry and professional licenses can cost anywhere from $15 to well over $1,000 per year.

Do you need a lawyer to start an LLC in Ohio?

Well, the short answer is no. This may surprise you coming from an attorney who practices in small business law, but the truth is that forming a business entity, including an LLC, is so simple that anyone with a high school degree should be able complete the process without the assistance of counsel.

Where is the cheapest place to get an LLC?

• Iowa — LLC Filing fee: $50.
• Montana — LLC Filing fee: $50.
• Utah — LLC Filing fee: $70.
• California — LLC Filing fee: $70.
• Delaware — Filing fee: $90.
• Indiana — Filing fee: $95.

How long does it take to register your business in Ohio?

They will process your formation documents in only 4 hours for a $300 expedite fee. Normal processing takes ~1 week. All business taxpayers must be registered with the Ohio Department of Taxation.

Can an LLC use a personal bank account?

Yes, you can operate a sole proprietorship or an LLC using your personal bank account, but it isn't advisable. Sole proprietorships aren't required to have a separate business bank account unless they trade using a fictitious DBA name (doing business as).

How does an LLC avoid paying taxes?

A general Corporation making a Subchapter “S” Election or an LLC with or without a Subchapter S Election pays no federal tax on its taxable income and no employment taxes on its distributions to stockholders.

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Write a comment

today i'm making this video out of pure frustration i love you guys but this business mistake that everyone has been making this i've literally seen this over the past three years as a consultant has got to stop what am i talking about i am talking about paying more than your filing fee to file your llc i literally had a call today with a girl that paid 750 dollars for an llc now i live in ohio so our llc filing is only 99 dollars yes she lives in ohio you can see why i'm annoyed people claim oh i pay i'm paying for my llc because for the convenience no you're lazy you're lazy and good business owners care about their bottom line so this is ridiculous but never to fail keep watching this video because i'm going to show you how to file your llc if you live in ohio but i'm going to also give tips in the comments for wherever you live um so that you're not paying legal zoomer any by the [ __ ] else to pay more than just the filing fee you can file your llc yourself and for all of my ohio viewers and subscribers we're going to do it together okay because good business owners save as much money as possible keep watching okay so when you first google the website it's going to take you to the ohio business central once you get here you're going to click here from here you're going to collect business filing now i already have an account if you've never been on this website you're going to click click here to create a profile and you're going to go through the prompts if you have you're going to just put in your putting your logins from the last time you filed for an llc if you forgot do a forgot password or forgot signature when you get this when you're creating this profile at the end of it it's going to give you four letters four to five letters you need that which is going to be your e-signature you're going to put that right there make sense okay so now i'm in so once you're in here you're going to file a new business or register a name you're going to go here now you're going to choose one we're doing an llc so we're doing a limited liability company and it's 99 regular processing fee you do not need it rushed unless you do then all you're going to do is you're going to search the business so i'm going to type in madison galleria let's see if that's available all right cool no records have been found which means we can file it we're going to go to begin filing all right and then you're just going to follow the prompts so we're going to put madison galleria in we're going to say today it's going to be this date or whatever period of existence if you don't know what the [ __ ] that is and you forget it's literally right here okay now this is a for-profit business now purpose clause all we're going to go do is we're going to go get the purpose clause for llc's um i know exactly which one i'm looking for we're going to get this this right here i did this for a month for mine it's not that big of a deal we're going to come back over here and we're going to file and paste this that's all we're going to put and i'm going to put that purpose clause in the comments too then you're gonna put in all of your information so the agent's name is gonna be your name so i'm gonna put in christina mendez i'm going to put 101 it's making up um something because i'm not giving my real address one minute or four five four one five um my business email and then individual agent or individual casino on behalf of the corporate agent must enter his name here below to accept the appointment so they're gonna put your name again all right cool looks good save and continue now add statutory agents you don't have anybody to add your font you're not adding anything special we're going to save because no no attachments needed and continue then name of the business entity so we're gonna put your name again now look madison galleria christina mendes and i would say continue all right so now let's review everything madison galleria it's going to be on this day period of existence and this would only apply if like you were already in business and you want that to count towards your llc so for-profit business you have your purpose calls in there your first and last name it's going to be called this it's going to be called this all that [ __ ] is cool you're going to preview the document it'll give you a document like this make sure all that [ __ ] is correct um let's see then it's going to ask you some like [ __ ] questions montgomery county looks like i said day in ethnicity woman next next next you're gonna fill it out um all right cool then we're going to get all the way over here now you're going to do verify for checkout you're going to click these add selecting checkout you're going to click this it's 99 i don't need an x i don't need to expedite it pay for filings and there you are confirm and proceed you have just filed for your llc that's all this is it's not that complicated um i'm gonna back out of this because i'm not filing this llc but literally that's all it is i'm gonna put the dot the steps below that's it

Thanks for your comment Salvador Greenup, have a nice day.
- Salena Cheon, Staff Member

the following information is provided for educational purposes only and in no way constitutes legal tax or financial advice for legal tax or financial advice specific to your business needs we encourage you to consult with a licensed attorney and/or CPA in your state the following information is copyright protected no part of this lesson may be redistributed copied modified or adapted without prior written consent of the author a limited liability company is a hybrid between a corporation and a partnership an LLC protects your assets in the event of a lawsuit in order to form your LLC you must file LLC formation documents with the Secretary of State once your documents are approved and sent back to you your LLC is now in existence and authorized to do business in the state we have spent considerable time to make the details of this video simple and easy to understand however we cover a lot of ground and you're going to hear a lot of new terminology we do recommend that after you watch this video you watch it a second time in order to fully comprehend all the information provided please make sure you have watched the first lesson on researching your LLC's name your desired LLC name must be available for use before you proceed with filing your LLC formation documents registered office and registered agent your LLC is required to list a registered office and a registered agent within your LLC formation documents the registered office is an address located in the state where your LLC is formed it can be an actual street address or it can be a Pio box if it is a Pio box the owner of the Pio box must be a resident of the state of Ohio a registered agent is a person or a company who agrees to accept legal mail and important documents on behalf of your LLC in Ohio they use the term statutory agent but this means the same thing as a registered agent for our purposes we will refer to it as registered agent the registered agent is located at the registered office and is generally accessible during normal business hours as we mentioned a registered agent can be a person or a company who hasn't address in the state where your LLC is formed you as an individual can be your LLC's registered agent however your LLC cannot be its own registered agent for individuals who have an address in the state it is most common that they serve as the LLC's registered agent having said that the individual person you choose as the registered agent does not need to be a member of the LLC it can be a friend or a family member or frankly anyone you know who agrees to accept service of process on behalf of your LLC service of process is a delivery of legal mail and important documents sent from the state or a law firm to your LLC correspondence from the state can include items such as business requirements late notices and copies of formation documents legal documents can include items such as subpoenas and/or complaints for legal action again the purpose of designating a registered agent is to authorize someone to accept service of process on behalf of your LLC whoever agrees to be your LLC's registered agent aka statutory agent must sign your LLC formation documents if you intend to be the registered agent for your LLC you basically appoint yourself and you will sign where indicated in your LLC formation documents if you have someone else serve as your LLC's registered agent you will need to have them sign your LLC formation documents confirming that they agree to be your LLC's registered agent you cannot mail in your LLC formation documents until you have the signature of the registered agent even if it's just yourself takeaways the purpose of a registered agent and its registered office is to be a point of contact for the state and to accept service of process for your LLC you or someone you know can be your LLC's registered agent so long as you have an address in the state if you don't have an address in the state that you can use or you don't want to serve as your LLC's registered agent you can hire a commercial registered agent using a commercial registered agent will also help protect your privacy as the information listed in the LLC formation documents will become public record a commercial registered agent is a company that specializes in receiving service of process on behalf of businesses nationwide they typically charge between 100 and 300 dollars per year if you decide to use a commercial registered agent we recommend Northwest registered agent LLC they've been the business for more than two decades and have built up a solid reputation in the industry their fees are among the most affordable and their support is top-notch we've joined forces with them in order to provide registered agent services nationwide to our clients there's a link below this video where you can find instructions on how to sign up for their registered agent services now let's discuss your LLC formation documents the name of the LLC formation document for the state of Ohio is called the articles of organization this document is not complicated and contains basic information including listing your registered office and registered agent it will also require you to list your LLC's name and the name and address of the LLC member or members no need to stress out we will walk you through the details of the articles of organization in just a couple minutes and we'll make sure that you get filled out correctly in the download section below this video you're going to find two versions of the articles of organization the first version will be used if you or someone you know will be your LLC's registered agent the second version will be used if you're going to hire Northwest registered agent its pre-populated with their address and their signature in place if you're going to use another commercial registered agent you will first need to hire them and then obtain the articles of organization from them which will have their address and signature again there's a link below this video where you can find instructions on how to sign up with Northwest registered agent you will find the filing fee amount accepted forms of payment and the address where to send your articles of organization to below this video you will need to mail your completed articles of organization along with the filing fee to the state it does not have to be the original and it can be a copy so long as it's signed by all parties including the registered agent there are no additional cost or filing fees to form your LLC once you nail the filing fee along with a copy of your completed articles of organization you can expect two things first within three to seven business days the state will send you back an approval certificate stamped with their seal that shows the name of your LLC and the registration number assigned to it by the Secretary of State your LLC is now a legally formed business in the state of Ohio until you have confirmation that your LLC has been officially approved do not order your EIN also known as your federal tax ID number or start to use your LLC for any business purposes also included with the approval certifi

Thanks freearty your participation is very much appreciated
- Salena Cheon

About the author

Salena Cheon

I've studied acoustical engineering at Loyola University Maryland in Baltimore and I am an expert in soil physics. I usually feel mellow. My previous job was foreign exchange trader I held this position for 25 years, I love talking about caving and dolls. Huge fan of Alex Jones I practice parallel bars and collect banknotes.