How to File an Ohio Annual Report

If you have a limited liability company (LLC) in Ohio, unlike most states, you’re not required to file an annual report to keep your business in good standing. Corporations also have no annual report requirements.

What Is an Annual Report?

An annual report verifies your business information and tells your state that your LLC is still operating. In addition, keeping up with annual reports is a legal requirement that enables you to obtain a Certificate of Good Standing, which a bank or creditor might request to confirm your compliance. 

In Ohio, no annual reports are required.

In other states, the following information is usually needed for the annual report: 

• Business name
• Primary business address
• Taxable year
• Employee Identification Number (EIN)
• Name of business contact
• Date, state, and county of formation

If You Do Business in Other States

If you do business in other states, be sure to register in those states as a foreign LLC. For example, if your LLC is registered in Ohio and you start doing business in Florida, you’ll need to register in Florida as a foreign LLC.

You’re generally required to register as a foreign LLC if:

• You have a physical presence of any kind in that state 
• You have employees in that state
• You regularly meet with clients, managers, or investors in that state
• You are licensed to do business in that state

Once you’ve registered as a foreign LLC, your business will need to follow the annual reporting requirements of that state and pay taxes in that state. 

In Closing

Filing an annual report in most states is relatively easy, and crucial to smooth business operations.

Be sure to review all your business information and file your report on time if you have a foreign LLC to ensure your LLC remains in good standing.