Breakdown of Ohio LLC Costs in 2024 - How to Start my LLC

How Much Does It Cost to Start an LLC in Ohio?

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Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

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How Much Does It Cost to Start an LLC in Ohio?

How Much Does It Cost to Start an LLC in Ohio?

If you’re starting a business in Ohio, you may consider creating a limited liability company (LLC).  Before diving in, you should know that this comes with costs. 

To prepare you, this handy guide details all you need to know about the cost associated with launching an LLC in Ohio.

Ohio LLC Costs 

RequirementCost
Name Reservation Fee$39
LLC Registration Fee$99
Business License FeesVary by localities and type of business
Fictitious Name Fee$25
Annual Report Fee$0

Name Reservation Fee

One of your first decisions will be what to name your LLC. Once you’ve chosen the perfect name, you can reserve it with the state until you’re ready to form your LLC officially.

To do so, first, make sure the name is available. Here’s how:

1. Check for availability in Ohio

To ensure the business name is available, go to the Secretary of State’s Business Search and enter the names you like as well as similar names. You don’t want a business name that can be easily confused with other businesses in Ohio.

2. Check Ohio LLC name regulations

In Ohio, your LLC name must contain the words “limited liability company” or the abbreviation “LLC” in some form and be distinguishable from all other business names.

3. Check Trademarks

It’s a good idea to ensure the name has not been trademarked. Check with the US Patent and Trademark Office to ensure the name is available nationally. 

4. Check domain name availability

You’ll want to ensure the domain name is available. You can check at a site like GoDaddy.com and use .com or .org, as those give your business more credibility.

5. Google it

Do a Google search to ensure the name is not being used in the U.S. or internationally. This is particularly important if you plan to have a strong online presence for your business.  

Once you’ve done your due diligence and know your preferred business name is available, you can reserve the name with the name reservation form at Ohio Business Central.

The fee is $39, and the name will be held for 180 days.

Cost to Register Your LLC in Ohio

To officially form your LLC, you’ll file articles of organization at Ohio Business Central. You’ll need the following information:

  • The name of your LLC
  • The name and address of your LLC’s statutory agent
  • The signature of your statutory agent, accepting their appointment
  • The names and signatures of all incorporators.

In Ohio, the fee is $99, and your LLC should be approved in three to seven business days.

Business Licenses and Permits

Your LLC may also need to obtain licenses and permits at the federal, state, and local levels. These, of course, come with varying fees. 

At the federal level, licenses and permits are generally industry-specific and may include health licenses and permits from the Occupational Safety and Health Administration (OSHA).  

You may need a general business license to operate at the state level. If you sell tangible goods or services subject to sales tax, you’ll need a sales tax license, also known as a seller’s permit. 

Check the SBA guide for specific licenses required for your business. 

Here are standard licenses and permits you may need:

  • Industry-specific licenses for certain professions and industries such as construction, plumbing, electrical, childcare, food handling, liquor, architecture, and finance
  • Building and zoning permits
  • Doing business as (DBA) permit if you’re doing business using a name other than your LLC name
  • Health licenses and permits at federal, state, and local levels
  • Fire permits
  • Sign permits

This is a significant step in the LLC formation process, so make sure to check with your state and local government offices to find out all the licenses and permits that you need and their costs. If you operate without the proper licenses and permits.

If you need help, it’s a good idea to consult a business attorney to ensure you’re in full compliance. You can also use a service like MyCorporation to do the research and provide you with all the forms you need to license your business. 

Fictitious Name

If you plan to do business under a name that is not your LLC, you’ll need to register a fictitious name. In other states, this is also called a “doing business as,” or DBA, name. To do so, you’ll visit Ohio Business Central.

The cost to register a DBA in Ohio is $25.

Annual Reports

Though most states require LLCs to file annual reports, Ohio does not.

In Closing

Starting an LLC in Ohio is instead a complicated process that includes a handful of fees. There are several hoops to jump through, but the benefits of ensuring your LLC is properly registered, and fully compliant are huge, while the alternative risks significant penalties. 

LLC formation can be daunting, so many entrepreneurs prefer a professional service like ZenBusiness. This ensures the process is done correctly, saving time and giving you peace of mind.