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Ohio LLC Formation Filing Fee: $99 The price to start an Ohio LLC is $99. Forming your LLC in Ohio starts with filing Articles of Organization with Ohio's Secretary of State. Regular filings (mail, in person, and online) take about 3-7 days to be processed.
Please note: A limited liability company's operating agreement and other internal documents are not required to be filed with the Ohio Secretary of State. The Articles must be signed by at least one person. The filing fee for the Articles is $99.00. The Articles must include a business name.
But while it's not legally required in Ohio to conduct business, we strongly recommend having an Operating Agreement for your LLC. Additionally, financial institutions (like banks) and other organizations may need to see a copy of this paperwork in order for you to do business with them.
Common pitfalls of a poorly drafted Operating Agreement include failing to: (i) specify what authority managers or members have; (ii) carve out key decisions that require a higher approval threshold (e.g., dissolution, sale of all or substantially all of the assets of the LLC, etc.); (iii) address how deadlocks in the ...
5. Operating Agreement. The LLC operating agreement is an internal document used to establish operating procedures and policies for the company. Drafting an operating agreement is not mandatory; however, it is recommended as it provides proof of the rules and responsibilities agreed upon during formation.
Below is a breakdown of the process of forming an LLC in Ohio. Find a Business Idea. Create a Business Plan. Choose a Name for Your Ohio LLC. Appoint a Statutory Agent. File Articles of Organization. Receive Your LLC Certificate. Draft an LLC Operating Agreement. Obtain an EIN.
Yes, an Ohio Registered Agent is necessary. State law requires someone to be available to accept Service of Process for your LLC. You must list a Registered Agent on your LLC paperwork. And then you must continuously maintain (keep) one on file with the state as long as your LLC exists.