What are the requirements for forming an LLC in Ohio?
To form a Limited Liability Company (LLC) in Ohio, there are certain requirements that must be met. Firstly, the name of the LLC must be registered with the Ohio Secretary of State. This can be done through an online portal or by filling out a paper form.
Then, the LLC must file Articles of Organization with the Ohio Secretary of State. The Articles of Organization must include important information such as the name and address of the LLC, the name and address of the LLC's registered agent, and the purpose of the LLC.
The LLC must also obtain any necessary permits and licenses required by the state of Ohio or any local governments.
It is recommended that the LLC draft an Operating Agreement. Although Ohio law does not require LLCs to have an Operating Agreement, it is highly recommended as it outlines the ownership and management structure of the LLC. An Operating Agreement can also help prevent future disputes between members.
Last but not least, it is important to remember that Ohio requires LLCs to file an annual report with the Ohio Secretary of State. The report must be filed annually by the last day of the LLC's anniversary month.
It is important to consult with a licensed attorney to ensure that all Ohio state laws and regulations are being followed in forming an LLC. This advice is for informational purposes only and should not be relied upon as a substitute for legal advice from a licensed attorney.