The Registered Agent for your LLC in Ohio must have a physical street address in Ohio. This person or entity will be responsible for receiving official mail from the State of Ohio and legal documents on behalf of your business. The next step in setting up an LLC in Ohio is choosing a registered agent. Please note that this is an additional and separate cost from officially filing your LLC and only holds the name, so you have to decide whether reserving a name for a few months is a better option than simply setting your Effective Start Date for the future (more on this in Step 2). If you’re not ready to file, it is possible to reserve your Ohio LLC's name before officially registering your LLC with the Ohio Secretary of State. ![]() Unfortunately, someone in Texas already had a registered "Austin Event Collective LLC" and rejected her filing. One of our early customers owned as well as austineventcollective across every social platform. When choosing a name, it's also important to consider available domain names and social handles. If preferred LLC name is not distinguishable to an existing entity, owner may apply to the secretary of state for authorization to use the name using the prescribed form of the state and consent of the other person using the entity name. LLC name must not be identical to an existing limited liability company, corporation, limited liability partnership, limited partnership, or any trade name to which the exclusive right is registered in the office of the secretary. LLC name must include one of the following allowable LLC designators: LLC, L.L.C., LTD, Ltd, LTD., Ltd., and Limited Liability Company. When choosing a name for your LLC, it's important to keep the following guidelines in mind: If you are having trouble accessing the name check service, you can also call the Ohio Secretary of State. You can use the Ohio Secretary of State's name check service to verify the availability of your desired LLC name. It's important to choose a name that is unique and not already in use by another business. More on those post-formation options can be found under Step 5: Changes and Maintenance. Don't fret too much as you can always change a Ohio LLC's name or use a nickname by filing a Ohio DBA. It may seem tempting to have a very specialized name like "Irene's Ohio Ice Cream." However, if you're still iterating on your business offering or may expand, a somewhat generalized name may work in your favor. The name you choose will represent your company and be used on all official documents, so it's essential to take the time to carefully consider your options. The first step in setting up an LLC in Ohio is choosing a name for your business. ![]() Choose a Name and Registered Agent in Ohio Any credibility you can build with your future customers is extremely important.ġ. This is especially important for a sole owner of a business as customers have more options than ever and are more likely to choose a company that feels more trustworthy. When you officially register your business as an LLC, you are signaling to the public that you are a professional and legitimate operation. In addition to liability protection, an LLC helps establish credibility for your business. This can be a crucial safeguard for a sole proprietor, as transitioning to an LLC protects your personal assets, such as your home or savings, in the event that the business is sued or faces financial difficulties. This means that, as the owner of an LLC, you are not personally liable for any debts or obligations of the business. On the other side of the spectrum is a sole proprietorship (or partnership if more than one person) that possesses tax benefits, but doesn't provide the owners with liability protection.Ĭombining the liability protection of a corporation and the tax benefits of a partnership, LLCs were created and slowly adopted by all 50 states between 1977-1998. Corporations have existed since before the US existed, but require heavy maintenance such as quarterly meetings with officially recorded minutes, board approval and distribution of ownership, and more. What are the benefits of setting up an LLC in Ohio?Īn LLC (Limited Liability Company) is a fairly new business structure which combines the best aspects of two older structures.
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