What is the Ohio LLC Cost?

What is the Ohio LLC Cost?

When it comes to forming a Limited Liability Company (LLC) in Ohio, one of the most important considerations is the cost. The cost of forming an LLC in Ohio can vary depending on several factors, including the type of business, the number of owners, and the level of complexity.

What is the filing fee for an LLC in Ohio?

The Ohio Secretary of State charges a filing fee of $125 for the initial filing of an LLC. This fee is non-refundable and must be paid in full at the time of filing.

What is the cost of registering an LLC with the Ohio Secretary of State?

The cost of registering an LLC with the Ohio Secretary of State is $125.

What are the other costs associated with forming an LLC in Ohio?

In addition to the filing fee and registration fee, there are other costs associated with forming an LLC in Ohio. These costs can include:

• The cost of preparing and filing articles of organization, which can range from $100 to $500.
• The cost of obtaining an EIN (Employer Identification Number) from the IRS, which is free.
• The cost of obtaining a business license from the city or county where the LLC will be doing business, which can range from $50 to $500.
• The cost of obtaining insurance, which can range from $500 to $5,000 per year.
• The cost of hiring a lawyer or accountant to help with the formation process, which can range from $500 to $5,000.

How can the cost of forming an LLC in Ohio vary?

The cost of forming an LLC in Ohio can vary depending on the type of business and the level of complexity. For example, a simple LLC with a single owner may cost less than a complex LLC with multiple owners and multiple business activities.

What is the read time for this FAQ?

The read time for this FAQ is 5 minutes.