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What are the steps I need to take in order to legally form a business in Ohio?

Picture of Chris Battis By   ·  1 minute read

To legally form a business in Ohio, there are a few key steps that you will need to follow:

  1. Choose a Business Structure: First, you will need to determine the type of business entity that you want to form. The most common types of business structures in Ohio include sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. Each type of business entity has its own advantages and disadvantages, so it is important to consider the specific needs and goals of your business when choosing a structure.
  2. Choose a Business Name: Once you have decided on a business structure, you will need to choose a name for your business. Your business name must be unique and not already in use by another business in Ohio. You can check the availability of a business name by conducting a search on the Ohio Secretary of State's website.
  3. Register Your Business: You will need to register your business with the Ohio Secretary of State. This involves filing the appropriate paperwork and paying the required fees. If you are forming a corporation or an LLC, you will also need to file articles of incorporation or organization.
  4. Obtain Business Licenses and Permits: Depending on the type of business you are starting, you may need to obtain various licenses and permits from the state and local government. Some common types of business licenses and permits in Ohio include sales tax permits, zoning permits, and professional licenses.
  5. Obtain an Employer Identification Number: If you plan to hire employees, you will need to obtain an employer identification number (EIN) from the Internal Revenue Service (IRS). This number is used to identify your business for tax purposes.
  6. Comply with Tax and Employment Laws: As a business owner in Ohio, you will need to comply with various state and federal tax and employment laws. This may include collecting and remitting sales tax, paying payroll taxes, and complying with minimum wage and overtime laws.

It is important to note that these steps are general guidelines, and there may be additional requirements depending on the specific nature of your business. It is recommended that you consult with a licensed attorney or business advisor to ensure that you are in compliance with all relevant laws and regulations.