How to Start an LLC in Ohio – Short Version

How to Start an LLC in Ohio – Short Version


How to form an LLC in Ohio If you’re interested in starting an LLC
in the Buckeye State you have good reason. Ohio provides great access to funding and ranks
highly in ease of doing business in the US. Every state has slightly different
requirements for forming an LLC. Follow along closely to learn the
required steps for creating your own limited liability
company in the state of Ohio. There are two ways to form
an LLC in Ohio. You can form one yourself or you can hire a service to do it for you. Let’s start by looking at the five basic
requirements to form an LLC in Ohio on your own. One: Name Your LLC You’ll need to choose a company name that
complies with Ohio naming requirements and do a name search on the state of Ohio website to make sure the name isn’t already taken. You should go ahead and register the web domain for your business website and email as well. Two: Choose a Statutory Agent Ohio requires that
you nominate a statutory agent, more commonly known as a
registered agent for your LLC, who is your business’s
point of contact with the state. The registered agent can be an
individual within the company including yourself or you can hire professional service
authorized to do business in Ohio Three: File The Articles of Organization To register your LLC you will need to file the articles of organization with the Ohio Secretary of State. This can be done online by mail or in person. When forming your LLC it’s a
good time to consider whether your LLC will be member-managed
or manager-managed. Member-managed means all members
of the LLC manage the company. This is good for small organizations where everyone
is involved in day-to-day operations. The second option is manager managed where
individuals are appointed to manage the LLC. This is appropriate for larger
organizations where not everyone is involved in the day-to-day affairs
of the business. Four: Create an Operating Agreement You should also create an
operating agreement to establish ownership terms
and member roles. This is an internal document for reference and does not need to be filed
with the state of Ohio. This foundational document is the core
of your LLC and will help you maintain your organization as well as further
establish your LLC as a separate legal entity. Five: Obtain an EIN Lastly you’ll need to get an Employer
Identification Number or EIN from the IRS. Also known as a Federal Tax
Identification number your EIN is like a Social Security Number for your
LLC and is important for taxes and banking. EIN’s are free of charge and
can be obtained from the IRS online or through the mail. And with that you will have
formed an Ohio LLC on your own. Option Two: Hire a Professional Service The second way to create an Ohio LLC
is to hire professional service to create your LLC for you. Hiring a professional service to
file your forms and act as your registered agent for the LLC will cost you an additional
fifty to one hundred and fifty dollars. However there are several
benefits to working with a pro. A hired registered agent helps with
getting your reports filed on time helps you stay organized by keeping
your business mail separate and is available at all regular business hours to accept official mail and legal papers on your LLC’s behalf. A final and important additional
benefit of using a service is privacy. A professional service will
provide a level of privacy by withholding your personal name and home
address from the LLC’s contact information. There are many reasons you might
not want your personal information easily accessible and
associated with your business. Hiring a professional LLC formation service
is an easy way to accomplish this. Now that you’ve seen the different requirements
and ways you can form an LLC in Ohio visit our site and take some time
to research your options and establish a solid foundation
for your business activities. Click on the links in the description below to research the top five professional formation services or get more information on
how to form an Ohio LLC on your own. We offer a host of free templates and tools
to help accelerate your small business from operating agreements
to business plans all free of charge. Visit us at Howtostartanllc.com

2 thoughts on “How to Start an LLC in Ohio – Short Version

  1. Thank you so so much for your video. I'm trying to accomplish this …
    Can you provide an website for the professional service? I am legally blind so I didn't see the website clearly

  2. Watch our new in-depth video on starting an LLC in Ohio here: https://youtu.be/TTIf7KUUF0U

    And for a more detailed guide on starting an LLC in Ohio visit: https://howtostartanllc.com/ohio-llc

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