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Ohio does not require an operating agreement, but it is an essential component of your business. Create an Operating AgreementĪn operating agreement is a document that outlines the way your LLC will conduct business. This certificate will allow the LLC to obtain an Employer Identification Number (EIN), business licenses, and business bank account. The state will issue you a certificate that confirms the LLC formally exists after the LLC's formation documents are filed and approved. If the articles are approved, the LLC becomes a legal business entity. Once you file your Articles, the secretary of state will review the filing.
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In most cases, LLCs are perpetual, meaning the duration is indefinite. An LLC's duration or time period over which the LLC will exist.The street address of the LLC' s principal place of business.To prepare your articles, you'll usually need the following information: Though it sounds like a big job, that simply means filling out a relatively simple online form and submitting it. Prepare Articles of Organization and file them with the Ohio Secretary of State to register your Ohio LLC properly. The Articles of Organization is a document that officially establishes your LLC by laying out basic information about it. Prepare and File Articles of Organization If individuals of the Ohio LLC sells tangible personal items or taxable services, the LLC must obtain a vendor's license from the Ohio Department of Taxation.Ĥ.LLCs should consult this checklist on the Ohio government website to determine if the business needs a license. Several industries that operate as businesses may need an Ohio business license.Check If Your Ohio LLC Needs a Business or Vendor's License The agent must be on-site and available to accept documents during regular business hours.ģ.The agent must have an address in Ohio.Entities (or companies) must provide statutory agent services.Ohio requires you to appoint a statutory agent (also called a registered agent in other states) for your LLC.Ī statutory agent or registered agent is the person or entity authorized to receive service of process and other official legal documents and notices on behalf of your LLC.Ī statutory agent can be a person ( including yourself or an employee of your LLC) or an entity that offers a statutory agent service. In Ohio, names may be reserved for up to 60 days by paying the fee and submitting the proper form to the state authority. Reserve your name. If you aren't ready to register your LLC but are concerned your name might be taken by someone else, you can reserve it for a small fee.Before finalizing your LLC name, it's a good idea to check if the URL is available. At the very least, you should reserve the option of having one in the future by buying your domain name now. URL availability. Even if you don't think you'll need a webpage, you probably will.See a complete listing of Ohio's naming rules. Certain restricted words (bank, lawyer, attorney, credit union, etc.) may require additional documentation and licensure paperwork.The business name cannot contain words used to name a government agency (i.e., State Department, CIA, FBI, Treasury, etc.).For name availability in Ohio, check this link. You can do a search on the Secretary of State's website to determine if a particular business name is in use.
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Your name must be different from an existing business in the state.Your business name must include the words Limited Liability Company, LLC, or L.L.C.The following are the most important requirements to keep in mind: Names must comply with Ohio's naming requirements. You'll need to choose a name to include in your articles before you can register your LLC. Just follow these eight steps, and you'll be on your way. A limited liability company (LLC) offers liability protection and tax advantages, among other benefits for small businesses.
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