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(1) "Trade name" means a name used in business or trade to designate the business of the user and to which the user asserts a right to exclusive use. (2) "Fictitious name" means a name used in business or trade that is fictitious and that the user has not registered or is not entitled to register as a trade name.
Ohio law allows a domestic or foreign business to reserve a business name prior to actually registering the business and obtaining a license. Reserving a name prevents another business from registering that same name while you decide whether and when to register for a business license.
The state of Ohio requires all Professional Associations and Limited Liability Partnerships to file a biennial report every two years. Nonprofits must file a Statement of Continued Existence every five years. Ohio corporations and LLCs are not required to file biennial reports or statements of continued existence.
What are the steps for changing an LLC name in Ohio? Check if your new LLC name is available. File the Amendment form (and wait for approval) Update the IRS. Update the Ohio Department of Taxation. Update financial institutions (credit card companies, banks) Update business licenses.
There is no annual fee (sometimes called an ?Annual Report?) in Ohio for LLCs. Should I hire an LLC formation service? You aren't required to hire a professional service company to form your Ohio LLC. You're allowed to form your LLC yourself if you'd like.
No, you don't need to renew your LLC every year in Ohio or file annual reports. Instead, you have to consistently maintain state obligations like registered agent requirements and business levies.
Plan to keep your LLC compliant and in active status on the state's website. Ohio LLCs are not required to file an annual report. You may need to pay quarterly tax payments and may also need to maintain a registered agent for your business.
Do I have to file an annual report? Business entities in Ohio are not required to file an annual report.