Ohio Secretary of State Certificate of Good Standing cancellation requirements and instructionsHow to withdraw your foreign Ohio Limited Liability Company or Ohio Corporation Certificate of Authority:Ohio Limited Liability Company: Ohio Corporation: Make checks for fees payable to “Secretary of State.” How much does it cost to cancel your out of state registration with Ohio?There is a $50 filing fee to withdraw/cancel your Ohio corporation or LLC. Expedited processing is also available: Do you need an Ohio Department of Taxation clearance first?Yes, and then some – it’s a process… Part of the procedure involves notifying:
The goal is to receive a Tax Clearance Certificate from the Department of Taxation, a personal property release from each applicable county treasurer and evidence from the Ohio Job and Family Services showing that all contributions due to the Unemployment Compensation Fund have been paid. How long does it take the state to process the withdrawal filing?Typical processing for mailed or walked in documents takes 4-6 business days, plus additional time for return mailing. Fax Processing: 4-6 business days, plus additional time for return mailing. To submit filings by fax, you must have a prepayment account with the Ohio Secretary of State. Of course, if we’re your statutory agent, we can take care of it for you. Expedited processing: Once processed, you will be able to print a copy of the filed document directly from their website. A copy of your certificate will be mailed as well. What agency do you need to file the withdrawal with?Overnight or In-person: Non-Expedited Mail: Expedited Mail (include additional $100 fee): Phone: 614-466-3920 What happens if you don’t file a cancellation and just let your annual report filings go unfiled?The Ohio Secretary of State does not require business entities to file annual reports. However, entities registered in Ohio must file certain items with other agencies. Annual franchise or excise tax returns need to be filed with the Ohio Department of Taxation - and paid, in order to maintain good standing with the Ohio Secretary of State. If you just don’t file an annual report, how long before you lose your Certificate of Good Standing?Since the Ohio Secretary of State does not require business entities to file annual reports – failure to file annual reports won’t cause you to lose your Certificate of Good Standing. But, if you don’t stay on top or your taxes and business licensing, you could find yourself unable to renew your Certificate of Good Standing or possibly even face a Judicial Dissolution. The length of time that takes would take at least 30 days. Most likely, it would take 60 to 90 days; we are talking about bureaucratic efficiency here. Either scenario would affect your ability to conduct business in Ohio until resolving and reinstating with the Secretary of State. What are the late fees and penalties to re-register if you didn’t file a withdrawal correctly?It really depends on the reason for cancellation. The filing fee for the basic reinstatement form is $25. If you needed to reinstate due to a tax issue, you’d have to resolve that (including any amounts owed) with the Ohio Department of Taxation. Upon resolution, they will issue a Certificate of Tax Clearance (also called a D-3 certificate). Then you’d have to file the reinstatement paperwork ($25) with the Secretary of State. If your business was cancelled or dissolved by the Ohio Secretary of State for failing to maintain a statutory agent; you would have to file the reinstatement paperwork ($25) and appoint a statutory agent too ($25). Ohio Secretary of State: |
Northwest Registered Agent Service, Inc. Agent# 1817431 Cleveland, OH 44113 Cuyahoga County
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