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To start a corporation in Ohio, you'll need to choose an Ohio registered agent (also called a statutory agent), file business formation paperwork with the Ohio Secretary of State, and pay a state filing fee of at least $99.
A corporation must file Articles of Incorporation (Articles) with the Ohio Secretary of State before it transacts business in Ohio.
How much does it cost to incorporate in Ohio? The articles of incorporation cost $99 to file in the state of Ohio. This filing process can be expedited if you pay a $150 fee.
The big takeaway here: The main difference between an S Corp and a C Corp is how they're taxed. C Corp status business owners pay taxes twice ? at the corporate and individual level ? while S Corp status owners only pay income taxes on the combined earnings of the owner-employee's wages and pass-through profits.
If you have an address in the state, you can be the Registered Agent for your Ohio LLC. We don't recommend this approach as there can be some drawbacks: The Registered Agent must have a physical street address in Ohio. If you're forming an LLC outside the state, you'll need to use an in-state Registered Agent.
To start a corporation in Ohio, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Secretary of State. You can file this document online or by mail. The articles cost a minimum of $99 to file.
Articles of Incorporation refers to the highest governing document in a corporation. It is also known known as the corporate charter. The Articles of Incorporation generally include the purpose of the corporation, the type and number of shares, and the process of electing a board of directors.
How to Form a C Corp Incorporation pros and cons. There are a number of incorporation pros and cons. ... Name your business. Choose your business's legal name. ... Organize leadership. ... File articles of incorporation. ... Issue stock certificates. ... Apply for business licenses and identification numbers.