If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Ohio is easy, fast, and affordable.
Ohio LLC Costs | |
---|---|
TotalLegal Fee | $99 |
Ohio Filing Fee | $99 |
Total | $198 |
The name of the limited liability company must contain the words “limited liability company” or the abbreviation “L.L.C.,” or “LLC”. The LLC name should not contain the words "corporation" or "incorporated" or the abbreviations "co.", "corp." or "inc."
Your LLC's name must be distinguishable from the names of other business entities already on file with the Ohio Secretary of State.
You will need to provide the name of your LLC, the Registered Agent's name and physical address (including the County), and the name of the organizer (the person forming the LLC).
When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Ohio.
Ohio is one of the few states that does not require an Annual Report.
All the forms you need to amend your LLC and/or change your Registered Agent can be downloaded online from the Ohio Corporations Division, or filed online (which can save a significant amount of time). Filing fees for amendments/changes are typically around $50.
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Ohio very easy.
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