Columbus, OH asked in Business Formation for Ohio

Q: What should I consider when starting an LLC in Ohio?

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1 Lawyer Answer
Andrew D Randol
Andrew D Randol
  • Columbus, OH
  • Licensed in Ohio

A: Hi:

In the state of Ohio, you should have three things to start an LLC: your articles of organization (filed with the Ohio Secretary of State, your EIN (filed with the IRS), and an operating agreement (between you and the other members).

The articles of organization and EIN are relatively simple. The operating agreement can be as simple or as complex as your case requires.

For example, if you're a single member LLC, you only really need to address the major topics - statutory agent, capital contributions, units and percentage interest, and dissolving the company.

If you have multiple members, you'll want to consider how the company is ran (members or managers), whether you need a board and/or officers, and certain accounting and tax filing components.

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