What is the Ohio Articles of Incorporation form?
The Ohio Articles of Incorporation form is a legal document that establishes a corporation in the state of Ohio. This form is filed with the Ohio Secretary of State and serves as the foundational document for your business entity. It outlines key information about the corporation, such as its name, purpose, and the number of shares it is authorized to issue. Filing this form is a crucial step in the process of forming a corporation in Ohio.
When filling out the Ohio Articles of Incorporation form, you will need to provide several key pieces of information, including:
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Corporation Name:
The name must be unique and not already in use by another entity in Ohio.
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Principal Office Address:
The physical address where the corporation will conduct its business.
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Registered Agent:
The individual or business entity designated to receive legal documents on behalf of the corporation.
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Purpose of the Corporation:
A brief description of the business activities the corporation will engage in.
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Number of Shares:
The total number of shares the corporation is authorized to issue.
How do I file the Articles of Incorporation in Ohio?
To file the Articles of Incorporation in Ohio, follow these steps:
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Complete the Articles of Incorporation form with all required information.
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Submit the form online through the Ohio Secretary of State's website or mail a printed version to their office.
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Pay the required filing fee, which varies depending on the type of corporation you are forming.
Once filed, the Secretary of State will review the application and, if everything is in order, will issue a certificate of incorporation.
How long does it take to process the Articles of Incorporation?
The processing time for the Articles of Incorporation can vary. Typically, if filed online, you can expect a turnaround time of about 1 to 3 business days. If you submit the form by mail, it may take longer, often up to 10 business days or more, depending on the volume of applications being processed. To expedite the process, consider filing online.
Can I amend the Articles of Incorporation after they have been filed?
Yes, you can amend the Articles of Incorporation after they have been filed. Common reasons for amendments include changing the corporation's name, altering the number of shares, or modifying the purpose of the corporation. To do this, you must complete an amendment form and submit it to the Ohio Secretary of State, along with any applicable fees. Keep in mind that significant changes may require shareholder approval.
What happens if I do not file the Articles of Incorporation?
If you do not file the Articles of Incorporation, your business cannot be legally recognized as a corporation in Ohio. This means you will not benefit from the limited liability protections that come with corporate status. Additionally, you may face penalties or fines for operating without the necessary legal structure. It is essential to complete this step to protect your personal assets and ensure compliance with state laws.