Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Ohio incorporation.
Cost to incorporate in Ohio
At BizFilings, we clearly outline our fees and the state fees to form an Ohio corporation. View our pricing to incorporate as a
to plainly see:
BizFilings’ package prices.
BizFilings offers three incorporation service packages from which you can choose.
State fee for standard turn-around.
Our pricing clearly shows the state fee to incorporate in Ohio with standard turn-around.
You will see the BizFilings and state fee, if any, for expedited turn-around.
Ohio has a 48-hour filing option, which is outlined in our pricing.
Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
The name must contain either the word "Company," "Corporation" or "Incorporated" or the abbreviation "Co.," "Corp." or "Inc." It must be distinguishable from the name of another domestic or foreign corporation authorized to do business in the state and from any trade name. It must not contain language implying it is connected with a government agency of the United States. Use of the words "Bank" or "Trust" requires approval from the Superintendent of Banks, and use of the word "Insurance" requires approval from the Department of Insurance.
The following are Ohio’s requirements for directors of corporations:
Corporations must have not less than three directors, unless there are only one or two shareholders. In such case the number of directors may be less than three but not less than the number of shareholders.
Ohio does not have a provision specifying where directors must reside.
Ohio does not have age requirements.
Inclusion in the Articles of Incorporation.
Director names and addresses are required to be listed in the Articles of Incorporation.
Requirements for the Articles of Incorporation
The document required to form a corporation in Ohio is called the Articles of Incorporation. The information required in the formation document varies by state. Ohio's requirements include:
Officer names and addresses are not required to be listed in the Articles of Incorporation.
Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value can affect initial filing fees.
Corporations must list the name and address of a
with a physical address (no post office boxes) in Ohio. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
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.
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:
Ohio does not require corporations to file an annual report.