Ohio LLC Annual Report
LLCs formed in Ohio do not need to file an annual report with the state. Only Corporations are required to file the biennial report.
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Personal assets are protected for people with limited liability when they are sued.
A business entity that can issue shares and give limited liability to shareholders.
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Where an individual engages in business activity without formal organization.
Here are some of the actions business owners can take in Ohio:
How to file annual report in Ohio?
Check the steps below:
1. No need to file an annual report
Ohio LLCs are not required to file an annual report. There is no money owed annually to the Secretary of State and there is no Information Report to submit.
LLC Annual Report
LLCs do not have to file annual reports in Ohio.
Articles of Organization
In Ohio, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Every LLC should have a unique name in Ohio. Ohio maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Ohio business search tool to see if the name you want is available.
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Ohio business services. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
Ohio Revised Code §1705.05
Here are some of the guidelines in simple language:
Shall include the words, "limited liability company," without abbreviation or shall include one of the following abbreviations: "LLC," "L.L.C.," "limited," "ltd.," or "ltd".
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC annual report in Ohio
It is very important to maintain full compliance in Ohio. Even though LLCs do not have to file an annual report. Other entities in the state may have to file them.
Ohio Business search