A common corporate structure that shields owners from personal liability is an LLC, or limited liability company. However, you might discover that you need to modify your LLC as your company expands and undergoes changes. The procedure for modifying your LLC in Ohio is simple, and this article will help you through it.
Review your Operating Agreement as Step One Reviewing your LLC’s operating agreement is essential before you start the amending procedure. Any changes you make to your company’s structure or operating procedures must comply with the terms of this document. If your operating agreement needs to be modified, you should do so before starting the modification procedure.
Step 2: Write the Amendment and File It
You must file an Amendment with the Ohio Secretary of State in order to change your LLC there. The name of your LLC, the formation date, and the modifications you want to make should all be listed in this document. The Ohio Secretary of State’s website offers both mail and online filing options for the Amendment.
Step 3: Pay the Filing cost
You must pay a filing cost when you submit your Amendment. The filing fee for an amendment in Ohio is $50. You can use a credit card to pay the filing cost if you do it online. You can send a check or money order payable to the Ohio Secretary of State if you file by mail.
Step 4: Await Acceptance After submitting your Amendment and paying the filing fee, you must wait for the Ohio Secretary of State to approve it. You can check the status of your Amendment online, although processing times for Amendments can vary. Registering a business name in Ohio You must submit a Trade Name with the Ohio Secretary of State if you want to run your LLC under a different name. A “DBA,” or “Doing Business As” name, is another term for this. You must complete a Trade Name Registration Form and pay a $39 filing fee in order to register a trade name. Changing the Name of Your Company in Ohio
You must submit an Amendment in Ohio, as described above, if you want to modify the name of your LLC. The new name you want to give your company should be included in the Amendment.
An LLC Amendment is what? A legal document known as an LLC Amendment is submitted to the state in order to modify an LLC’s operating agreement or bylaws. This could involve alterations to the LLC’s name, location, members, or administrative setup.
Can an LLC be edited? Yes, an LLC may be amended via the aforementioned Amendment procedure. It is crucial to remember that any modifications to the LLC must comply with the rules set forth in the operating agreement.
The price of registering a business name in Ohio is not mentioned in the article “Amending Your LLC in Ohio: A Step-by-Step Guide”. But according to the website of the Ohio Secretary of State, the cost to register a business name is $39 instead.