How to Incorporate in Ohio

Entrepreneurs can incorporate in Ohio by filing Articles of Incorporation with the Secretary of State’s office and submitting a $99 filing fee. Articles of Incorporation list basic information about your OH corporation, such as the name of your company and your Ohio registered agent. An Ohio corporation is owned by its shareholders who receive shares of stock in return for an initial contribution to the company. Your shareholders must hold an initial shareholders meeting after you incorporate in Ohio to ratify your corporate bylaws, appoint a Board of Directors, and designate the officers of your corporation (president, vice president, secretary, treasurer). Any initial resolutions, such as opening a corporate bank account, can be written and ratified at this meeting. Ohio corporations do not file an Annual Report.

What will it cost to incorporate in Ohio?

$99 Ohio articles of incorporation filing fee.

What are the costs involved in forming an Ohio LLC?

Ohio LLC articles of organization will cost $99.

How long will it take to get my Ohio Incorporation or Ohio LLC processed?

It will take the Ohio Secretary of State about 5 business days to process your Ohio articles of incorporation when you file in person, by mail or online. You can choose 2 day expedited processing for an additional $150.

Do I have to file a name reservation to incorporate in Ohio?

No, there is no requirement to file a name reservation. However, if you want to start a business in Ohio, you can do a free business name search first to find out if your company name is already in use.

What am I going to be looking at for ongoing fees to Ohio?

Ohio corporations and LLCs don’t have to file annual or biennial reports with the Secretary of State. Non-profit corporations have to file a Continued Existence of a non-profit in Ohio every 5 years.

Professional corporations have to file Ohio biennial reports. The report is due on even years, by July 1st. The filing fee is $25.

What are the Ohio business taxes?

The Ohio Corporate net income tax rate is .26% of your gross revenue. This is called the CAT return, or Commercial Activity Tax. This tax applies to every entity, regardless of it being an LLC, Partnership, or Corporation. It has a $150 minimum payment.

The Ohio personal net income tax rates range from .587%-5.925%. There are also a lot of local income taxes with an average rate of 1.82%. The average Ohio sales tax rate is 6.83%. The state has a 5.5% tax, but the average local tax is 1.33% making a total of 6.83%.

What does your Ohio incorporation service include?

  • Drafting articles Ohio articles of organization or Ohio articles of incorporation.
  • The Ohio incorporator initial resolution for a corporation, or Ohio organizer if Ohio LLC.
  • Ratified Ohio corporate bylaws, or operating agreement if Ohio LLC.
  • The state of Ohio incorporation filing fees.
  • Resident agent service for Ohio.
  • Our service fees are: $100 for Ohio incorporation service and $125 for Ohio registered agent.

All for a total of only $324 for an Ohio LLC or $324 for an Ohio corporation.