To form a Limited Liability Company (LLC) in Ohio, you will need to follow the steps given below.
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Choose a name for your LLC:
Choose a unique name that is distinguishable from other businesses registered in Ohio. You can check the availability of the name by doing a search on the Ohio Secretary of State’s business name database.
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Select a registered agent:
A registered agent is an individual or a business entity that accepts legal documents on behalf of your business. You can appoint yourself as the registered agent or you can hire a professional registered agent service.
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File Articles of Organization:
File the Articles of Organization with the Ohio Secretary of State’s office. The Articles of Organization are a legal document that lists the name of your LLC, its registered agent, and the address of the principal place of business. There is a fee that must be paid at the time of filing. You can file online or by mail.
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Create an Operating Agreement:
An Operating Agreement is a legal document that sets out the rules and regulations for the operation of your LLC. Although Ohio does not require LLCs to have an Operating Agreement, it is wise to have one in place. It helps to prevent disputes between the members and ensures that the LLC is operating in a legally compliant manner. You can create an Operating Agreement by yourself or hire an attorney to do so.
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Obtain necessary permits and licenses:
Depending on the nature of your business, you may need to obtain local, state, or federal permits and licenses to operate in Ohio.
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Obtain an EIN:
An Employer Identification Number (EIN) is a unique identification number assigned by the Internal Revenue Service (IRS) to businesses for tax purposes. You can obtain an EIN by filing Form SS-4 with the IRS.
In summary, to form an LLC in Ohio, you need to choose a unique business name, select a registered agent, file Articles of Organization, create an Operating Agreement, obtain necessary permits and licenses, and obtain an EIN from the IRS.
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