![ohio business license llc ohio business license llc](https://articlesofincorporation.org/wp-content/uploads/oh-foreign-forprofit-p4-114x150.png)
If you want to change the legal name of your LLC or corporation, however, filing an amendment to the legal name of an existing business is your best option. It’s also the easiest method for LLCs and corporations to follow because it allows them to avoid filing an amendment or complicating their business operations while enabling them to operate with brand names that don’t include the necessary LLC or Inc. The first method, filing for a trade name (also known as a DBA name), is the easiest way to operate your business using a different name without needing to change its legal name.Ī DBA name is the only way for sole proprietorships and general partnerships to have a different business name. You are invited to contact us via Live Chat, email, or call our customer service at +1 (877) 663-5003.How to Change the Name of an Ohio BusinessĬhanging the name of a business in Ohio can be done in two ways: by filing for a trade name or by submitting an amendment to the legal name of an existing business. If you have any questions about all of the above and anything else our customer service representatives are here to help. Such services include but not limited to: Existing Ohio CompaniesĬompanies registered in Ohio enjoy from a wide spectrum of services provided by the Ohio Secretary of State and Ohio Department of Taxation. "Foreign" businesses that do not create "strong nexus" by moving physically to Ohio might still be required to obtain Sales Tax Vendor's License from Ohio Department of Taxation if selling taxable products or services using local dropshippers.
![ohio business license llc ohio business license llc](http://www.thebluebook.com/inc/img/qp/2429883/one-flush-plumbing-co-llc-license.jpg)
This rule typically applies to companies looking to open a physical branch in Ohio, lease an office or warehouse, hire employees, etc. Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.Īn existing company registered in another state or country (called "foreign corporation", "foreign LLC", etc) looking to conduct business in Ohio might be required to foreign qualify in Ohio. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP).In cases like that it would be recommended to consider choosing LLC instead. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp.
![ohio business license llc ohio business license llc](https://licensesearch.org/wp-content/uploads/2021/06/NewYorkBusinessLicense.jpg)
That means corporations owned (partially or fully) by non-U.S. Keep in mind though - S Corporations are limited to 100 shareholders who must be physical U.S.
#OHIO BUSINESS LICENSE LLC REGISTRATION#
General Partnership: Like sole proprietorship, this entity type does not require registration with the Ohio Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended.Learn more about corporations here, and about the details of incorporating in Ohio here. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. That's one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.Ĭorporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Corporations have more formalities than LLCs (for example in Ohio you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares.Learn more about LLC here, and about the details of forming LLC in Ohio here. Keep in mind though - LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. This type of entity is recommended for most small businesses.īy default your LLC will be taxed as "disregarded entity", meaning you will file your LLC tax return as part of your personal tax return. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners' personal assets.KEEP IN MIND: Ohio distinguishes between "Trade Name" and "Fictitious Name".