Ohio Corporation Requirements

After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Ohio corporations.

Corporate records

Ohio corporations must keep the following items with their corporate records:

  • Accounts of record
  • Minutes of the proceedings of the incorporators, shareholders, directors and committees of the directors
  • A record of the shareholders, including their names and addresses and listing the number and class of shared issued or transferred to them

Corporate taxes and fees

The following are taxation requirements and ongoing fees for Ohio corporations:

  • Annual report. Ohio does not require corporations to file an annual report.
  • Taxes. For complete details on state taxes for Ohio corporations, visit Business Owner's Toolkit or the State of Ohio.
  • Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
  • State tax identification number. Ohio does not require a state tax identification number.

Business licenses

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

S corporation election

Ohio does not recognize the federal S corporation election. It requires a state-level S corporation election.

Additional Ohio information

View the following additional resources BizFilings has for forming and maintaining companies in Ohio: