Forms To Register Your Business In Ohio: Fill & Download for Free

Nothing has to change other than registering your existing LLC as a foreign LLC in Ohio, or terminating the FL entity and re-forming it in OH.Since you own 100% of the LLC there are no federal tax consequences from a termination and re-formation.

If you are going to be generating a revenue or paying employees only in Ohio, than you certainly should set your LLC up in Ohio. However, if you will be generating a revenue online or in multiple states, it may be beneficial to form you LLC in Wyoming. It is highly recommended to speak with a business attorney before structing your business to get the best possible advice on how you should structure yours. Secondly, it is highly recommended that you call your Secretary of States office and explain your situation to them. You may not need to register your business there, but it may be possible you would have to file as foreign entity with Ohio. Incorporating in a different state is only beneficial if most of your business is coming from anywhere besides that state. Although Wyoming has the best business laws in the country right now, it will all come down to your business needs! Please feel free to message us if you have any questions!

In almost all cases, there are no real advantages to registering a LLC in Delaware (DE).What you need to ask yourself is, “Where are you transacting business?” Transacting business means not just where your customers are, but were W2 employees may be, your base of operations, etc. In most instances, this will be where you’re physically located (even for an online-only business).The general rule is, “you need to register your LLC in every state where it’s transacting business.” This doesn’t mean you need to register everywhere you have a customer, but where your “major operations are” or if you’re sitting Ohio (OH) and all your customers are in Indiana (IN), then you are probably “transacting business” in both OH and IN in this simple example.To continue the above example, if you registered a LLC in DE, then you’d need to register two “Foreign LLC’s” in IN and OH. This adds cost, complexity and increases maintenance efforts (i.e. you still need to file DE annual reports). You haven’t saved yourself from taxes, either, because you still need to report in IN and OH (according to their specific requirements).Therefore, it’s generally considered best practice to form your LLC in the primary state where you’re located or doing business.We are a law firm, but register LLC’s for folks very cost-competitively. Learn more here: Form a Limited Liability Company (LLC) | Law 4 Small Business, P.C. (L4SB).If anonymity is your concern, then DE does shine here. But, as someone mentioned, it is costly. You’d be better served registering in Wyoming (WY) or New Mexico (NM). Then, instead of registering the LLC as a “Foreign LLC” where you’re transacting business, you would form a “local LLC” to transact business. Learn more about Anonymous LLC’s here: Maintain Your Privacy With an Anonymous LLC | Law 4 Small Business, P.C. (L4SB).Thank you. Larry.