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What are the requirements for forming a limited liability company (LLC) in Ohio?

Picture of Chris Battis By   ·  1 minute read

To form a limited liability company (LLC) in Ohio, the following requirements must be met:

  1. Choose a Business Name: The first step in forming an LLC in Ohio is to choose a unique business name that is not already registered with the Ohio Secretary of State. The name should also not be too similar to the name of an existing business.
  2. Appoint a Registered Agent: The LLC must appoint a registered agent in Ohio who will be responsible for receiving legal notices and official government correspondence on behalf of the LLC.
  3. File Articles of Organization: The LLC must file Articles of Organization with the Ohio Secretary of State. The Articles of Organization must contain the name of the LLC, the name and address of the LLC's registered agent, the name and address of the LLC's members or managers, and other details as required by Ohio law.
  4. Obtain Required Licenses and Permits: Depending on the industry in which the LLC operates, it may need to obtain certain licenses and permits before it can legally operate in Ohio.
  5. Prepare an Operating Agreement: Although an LLC in Ohio is not required to have an operating agreement, it is recommended that one be created. An operating agreement is a document that outlines the internal workings of an LLC, including how it is managed, how profits and losses are allocated, and the rights and responsibilities of its members.
  6. Pay the Required Fees: There are fees associated with forming an LLC in Ohio, including filing fees for the Articles of Organization and any required licenses and permits.

Potential limitations or exceptions to the above advice may depend on the specific industry in which the LLC operates, as each industry may have its own unique requirements and regulations. Further action may be necessary if the LLC operates in a heavily regulated industry, in which case it may be necessary to obtain additional licensing or certifications.

In summary, forming an LLC in Ohio requires choosing a unique business name, appointing a registered agent, filing Articles of Organization, obtaining required licenses and permits, preparing an operating agreement, and paying the required fees. It is important to consult with a licensed attorney to ensure compliance with all applicable laws and regulations.