Incorporate your business in Ohio;
Our Incorporation information is to help you with the small
business startup process. The Ohio Incorporation info can
help answer questions like "How do I form an LLC in Ohio?"
or "What type of Incorporation entity should I be? An Ohio
S-Corporation or an Ohio C-Corporation?" or "What are the
requirements for an Ohio Corporation?" It's easy to set up
an Ohio Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
The name shall contain the word "Company,"
"Corporation," "Incorporated," or the abbreviation "Co.," "Corp.,"
or "Inc." The name must be distinguishable from the name of
another domestic or foreign corporation authorized to do business
in the state, or from any trade name. The name shall not contain
language implying it is connected with a government agency of
the United States.
Corporation Requirements
Director Information
Minimum Number - Not less than three, unless there
are only one or two shareholders of record; then the
number of directors may be less than three but not less
than the number of shareholders.
Residence Requirements - No provision.
Age Requirements - Directors must be at least 18
years of age.
Directors are not required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in the shares may cause an increase in
initial filing fees.
Corporate Records
The corporation must keep books and records readily
available for inspection. No particular location is
required.
Tax and Fees
Annual Statements
A domestic corporation incorporated on or after January
1, 1993, must file its first statement of continued
existence on or before July 1st of the year following
its year of incorporation, and each July 1st thereafter.
A filing fee of $5 will be charged. There are no similar
reporting requirements for foreign corporations.
Income Tax Rate
The tax rate is the greater of $50, or: 5.1% of the
first $50,000 of the value of a taxpayer's outstanding
shares of stock determined according to net income plus
8.5% of the value over $50,000; or .004 times the value
of the taxable value of the corporation with a maximum
of $150,000.
License Requirements
Ohio requires that you obtain a license and pay a
fee if operating certain types of businesses in the
state. The following is a partial list:
Asbestos abatement
Auctioneers
Barbers
Chiropractors
Cosmetologists
Fraternal benefit societies
Hospice care provider
Insurance agents and solicitors
Motor vehicle salespeople
Real estate salespeople
Please check with the state to make sure your business
is complying with the license requirements for your
particular profession.
