Ohio LLC Cost: 2023 Fees Revealed
Hire Professionals to Create Ohio LLC (from $0 + state fees)
The costs of establishing an LLC in Ohio go beyond the initial filing fees. But don’t worry – they’re not as high as you might think! In this guide, we’ll provide detailed information about all of your initial and recurring expenses for setting up an LLC in Ohio, along with useful money-saving tips.
By the time you’re finished reading this, you’ll have an understanding of:
- How much does it cost to establish an Ohio LLC?
- Investing in additional costs can provide incredible returns!
- Pros and Cons of Establishing LLC in Ohio
Allow us to show you the cost of forming an Ohio LLC – we’ll provide all of the knowledge and guidance necessary for a successful formation.
If you want to skip the hassle of starting an Ohio LLC yourself, consider using professional help for the best price in the market:
- Northwest Registered Agent ($39+state fees) (best support)
- ZenBusiness ($0+state fees) (best price)
- Hire Professionals to Create Ohio LLC (from $0 + state fees)
- Quick Costs for Ohio LLC Breakdown & Best Options
- Pros and Cons of Starting an LLC in Ohio
- How Much Does an LLC Cost in Ohio?
- Other Additional Costs
- Professional Licenses and Business Permits
- LLC Taxes (varies)
- Costs Change Often. Where Can I Find the Most Up-to-date Cost & Tax Info?
- 5 Steps to Start an LLC in Ohio 2023
- Get Professional Help in Forming an LLC in Ohio
- FAQs
Quick Costs for Ohio LLC Breakdown & Best Options
| Who forms the LLC? | Total fees |
You form the LLC in Ohio Yourself | $138 = ($99 Articles of Organization fee+ $39 Name reservation Fee) |
| by using ZenBusiness | $0 + state fees |
| by using Northwest Registered Agent | $39 + state fees |
| see our other best-rated LLC service providers | varies |
Pros and Cons of Starting an LLC in Ohio
Pros
Ohio is a great location to form a Limited Liability Company (LLC), offering unique benefits.
Ohio has it all for entrepreneurs interested in forming an LLC.
Cons
Although there are many reasons to consider starting your LLC in Ohio, there are a few drawbacks as well.
Having this information before registering your LLC can help make for a streamlined process with no surprises down the line.
How Much Does an LLC Cost in Ohio?
In Ohio, the cost to form an LLC is just $99. This fee covers your Articles of Organization, which must be submitted to the Secretary of State for approval so that you can officially begin operating your business! With this simple step, you will soon experience all the benefits and protections associated with being a limited liability company.
Ready to start your own LLC? Let’s get going, but if you don’t know how to start your own LLC by yourself take a look at our easy step-by-step guide on how to start your own LLC.
Ohio LLC Articles of Organization Filing Fee ($99)
Establishing your LLC in Ohio is possible for the low cost of just $99. This fee covers filing a document called the ‘Ohio Articles of Organization’ with the Secretary of State. Once approved, this action officially creates your LLC!
You’re just one step away from forming your Ohio LLC – and you only have to pay a single, flat fee of $99. No monthly or yearly fees are necessary!
Annual Ohio LLC Fees ($0)
When it comes to starting your Ohio LLC, you won’t be required to pay any costly monthly or yearly fees.
Vendor’s License ( $25)
Ohio law obligates businesses selling tangible merchandise and “taxable services” to charge sales and use taxes. Obtaining a vendor’s license gives you the authority to collect these taxes from your patrons, although not every business will require one in order for them to do so.
The Ohio Department of Taxation’s website can provide you with a wealth of knowledge about sales and use tax laws, including which services are taxable. Unlock the secrets to get ahead in your business today!
Ohio Foreign Limited Liability Company Cost ($99)
For an LLC that is conducting business in multiple states, a Foreign LLC must be established. To register this entity in Ohio, the cost of formation and qualification is just $99 – giving you access to an expansive market with minimal investment!
By creating an LLC in Ohio, you will be considered a Domestic LLC. However, should you choose to register your existing LLC from another state in Ohio, it would then become deemed as a Foreign LLC.
Ohio Registered Agent Fee ($39 or $125/year)
Ohio law mandates that you select a Registered Agent (also known as Statutory Agent) when establishing your LLC. An Ohio Registered Agent is an individual or business designated to accept legal documents and state notices on behalf of the LLC. A reliable and well-established agent should have a physical address located in the state, as they must be available during regular business hours.
By being or appointing your own Registered Agent at no additional charge, you can ensure that the Statutory Agent of your LLC is someone you know and trust.
Here are our recommended Agent service providers:
- Northwest Registered Agent services is the perfect choice for those seeking to establish a new business and gain access to a registered agent, with a full LLC creation package starting at only $39 + state fees!
OR:
- When you only require a professional registered agent service, Northwest is the perfect solution. Their exceptional RA service comes at an unbeatable price of $125/year!
Hiring a Registered Agent service is a good idea if:
In order to meet Ohio’s requirement for a Statutory Agent, you must have an address in the state – and it must be physical.
To maintain your address off public records, you can opt to use the address of the company that you hire; this way your privacy will be kept secure.
Other Additional Costs
Ohio Business Name Cost ($39)
Secure your business name for up to six months before LLC formation by filing Form 534B and paying the minimal $39 fee – reserving it just for you!
DBA Cost ($39)
In Ohio alone, you can file a DBA with either the state or county for only $39! Get your business registered as soon as possible and enjoy all the benefits of doing so.
To create a distinct name for your LLC, complete and submit Form 534A along with the $39 filing fee.
LLC Operating Agreement Fee ($0)
If you’re the owner of an Ohio LLC, it’s essential to draft and retain an Operating Agreement as part of your business records. This contract serves as a comprehensive document that illustrates details regarding ownership, management, and profits within your Limited Liability Company (LLC). Whether you have Single-Member or Multi-Member status in regards to your LLC – make sure each member has their own copy on file!
An Ohio LLC Operating Agreement is usually priced between $50 and $200 on other websites.
LLC EIN Number Fee ($0)
An Employer Identification Number (EIN) – also known as a Federal Employer Identification Number (FEIN) – is essential for any business, from filing taxes and opening an LLC bank account to hiring employees.
Despite the fact that many websites offer this service for a fee, obtaining an EIN for your LLC can be done completely free of charge via the Internal Revenue Service’s online application process in just minutes!
Professional Licenses and Business Permits
The state of Ohio mandates some businesses to acquire extra licensing or permits in order for them to legally operate. Unfortunately, because the expenses of these licenses and permits are inconsistent, we cannot provide a fixed cost that applies to each LLC.
If you want to know if your business in Ohio needs a license or permit, take a look at the comprehensive list of statewide licenses and permits available!
Furthermore, some cities may necessitate you to secure a business permit. For example, Cincinnati mandates that certain types of businesses obtain a license before they can operate. Before launching your LLC in any city, make sure to double-check if getting an official business license is required by the local government.
LLC Taxes (varies)
Ohio LLC owners must be aware of the numerous taxes associated with operating an LLC. This annual cost can vary greatly, and includes things such as:
- Federal taxes
- Local and Corporate income tax
- Business Licenses tax
- Self-employment taxes
- Sales and use tax
- Payroll tax (if you have employees)
- Property tax (if the LLC owns property)
Depending on your specific business industry and activity, the Ohio LLC taxes you must pay will vary. We cannot provide an estimate as every company is unique. Your individual circumstance shall determine what type of taxes to expect for your LLC.
Cost of Filing Formation Certificates
| OHIO | Domestic LLC | Foreign LLC |
| Online Filing | $99 | $99 |
| Annual Report | Not Required | Not Required |
| Name Reservation fee | $39 | $39 |
| By Mail | Fill out the application form, and send it to P.O. Box 670 Columbus, OH 43216 for a regular filing or P.O. Box 1390 Columbus, OH 43216 with the additional fee for an expedited filing. Costs $99. | Fill out the application form, and send it to P.O. Box 670 Columbus, OH 43216 for a regular filing or P.O. Box 1390 Columbus, OH 43216 with the additional fee for an expedited filing. Costs $99. |
Costs Change Often. Where Can I Find the Most Up-to-date Cost & Tax Info?
Ohio’s Business Services Division at Ohio Secretary of State provides reliable information on forming an LLC in Ohio. Whether you are a new or existing business entity, the Ohio Department of Taxation and Internal Revenue Service have partnered up to bring taxpayers up-to-date cost and changes when it comes to setting up your LLC.
All the necessary forms and fees needed for formation requirements can be accessed through Ohio Secretary of State’s website. Visit today to receive accurate, efficient, and knowledgeable information right at your fingertips.
For any inquiries related to the cost of launching an Ohio LLC, please don’t hesitate to reach out to the Business Services Division of the Ohio Secretary of State.
5 Steps to Start an LLC in Ohio 2023
Here are the five Basic Steps to starting your own LLC in Ohio.
Step 1: Name Your Ohio LLC
Establishing an LLC in Ohio requires you to adhere to certain naming guidelines and conduct a search for the name of your business. You must make sure that it is available, unique, and distinct from other businesses – duplicate or similar names will undoubtedly be refused during registration. Naming your LLC can be arduous task; however, with diligent research into state law requirements you’ll secure a name that meets all criteria set forth by the government.
Step 2: Choose Your Registered Agent
You must appoint a registered agent to receive essential legal documents on your behalf. You may select yourself, an external third-party or a business entity as the receiver of these important papers. Fortunately, there are numerous LLC creation companies out there that offer economical registered agents services for you to take advantage of!
Step 3: File Articles of Organization
Want to start and manage a Limited Liability Company (LLC) in Ohio? You’ll need to submit Articles of Organization with the Secretary of State first. Luckily, it’s easy: you can do this online, through email or even by hand – just ensure that filing fees are included!
Step 4: Prepare an Operating Agreement
While a formal Ohio LLC operating agreement is not compulsory when forming an LLC, it is still immensely essential as it outlines the way your business operates and who are part of your team. Basically, these agreements for LLCs can be comparable to that of board directors in a corporation.
Step 5: Obtaining an EIN
An Employer Identification Number is an essential part of your business and functions like its social security. Without one, you will not be able to open a business bank account in Ohio or hire employees for the LLC. Additionally, it is mandatory if you wish to manage federal taxes appropriately.
You can save a great deal of money when it comes to establishing an LLC by taking care of the formation process yourself, creating your own operating agreement, serving as your own registered agent and obtaining your Employer Identification Number (EIN).
Get Professional Help in Forming an LLC in Ohio
It can be difficult and time-consuming to form an Ohio LLC all by yourself.
That’s why we decided to give you a few of the best options for professional services that can help you start an LLC in no time & with 0 effort!
#1 – Create an LLC in Ohio Using Northwest Registered Agent
Northwest has vast experience in creating LLCs and Corporations. They by far have the best support and client satisfaction rate. We’ve used and tested them ourselves and can guarantee that they’ll do an exceptional job for you.
You can read our full & extensive Northwest review here.
$39+State Fees
Rating: 4.9/5
Review count: 4850+
Form an LLC today with Nortwest. They have 98% customer satisfaction rating and over 4150+ verified reviews. They will include 1 year of free registered agent service!
#2 – ZenBusiness can help you form an LLC in Ohio
ZenBusiness is one of our top-rated LLC services as well. They have a super value-to-price ratio. And it’s perfect for those who are looking for the cheapest option to form their LLCs. When we tested their service — they’ve done a great job, so we can honestly recommend them.
To know more about them — read our full ZenBusiness review here.
$0 + State Fees
Rating: 4.8/5
Review count: 4830+
Form an LLC today with ZenBusiness for only $0 + State fees. They Have 98% customer satisfaction rating and over 4830+ verified reviews.