What is Ohio Corporation Foreign Qualification? |
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You want to do business in the state of Ohio but are registered as a Domestic Corporation in another state.
In order to legally conduct business in the state of Ohio you must register with the Ohio Secretary of State as
a Foreign Corporation.
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You want to do business in the state of Ohio but are registered as a Domestic Corporation in another state.
In order to legally conduct business in the state of Ohio you must register with the Ohio Secretary of State as
a Foreign Corporation.
The process of registering as a Foreign Corporation in Ohio is called Ohio Corporation Foreign Qualification.
The process of Ohio Corporation Foreign Qualification is similar to the process of forming a Domestic Corporation in Ohio.
Your original Domestic Corporation formation documents (usually called Articles of Incorporation) and By Laws apply to your Ohio Foreign Corporation.
The Officers and Directors of your Domestic Corporation have the same roles in the Ohio Foreign Corporation.
Specific requirements to qualify as a Foreign Corporation in Ohio are explained below.
Once you have made the decision to Qualify as a Foreign Corporation in Ohio,
an Ohio lawyer can file your documents and act as a middle man for a few hundred dollars an hour;
or you can use an online service provider like All Business Documents to perform these services.
Put the money you save with All Business Documents where it belongs
right into your new Ohio Foreign Corporation.
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What is an Ohio Foreign Corporation? |
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In the United States, just because you are registered to do business in one state does not mean that you can legally do business in another state.
If you want to transact any serious business in a state other than the state in which your Corporation is registered, most likely you will
have to register with the state in which you want to do business before you can legally conduct business there.
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In the United States, just because you are registered to do business in one state does not mean that you can legally do business in another state.
If you want to transact any serious business in a state other than the state in which your Corporation is registered, most likely you will
have to register with the state in which you want to do business before you can legally conduct business there.
For example, a Corporation that is registered in California wants to do business in Ohio.
The California Corporation is a "Domestic" Corporation in California and will be a "Foreign" Corporation in Ohio.
The California Corporation needs to register with the Ohio Secretary of State as an Ohio Foreign Corporation.
The use of the term Foreign in this case refers specifically to individual US states.
The US government, including the IRS, considers a Foreign Corporation to be a Corporation that is registered outside
of the United States.
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Do I need a lawyer to Form a Foreign Corporation in Ohio? |
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The short answer is no.
The state of Ohio does not legally require a lawyer to form an
Ohio Foreign Corporation.
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The short answer is no.
The state of Ohio does not legally require a lawyer to form an
Ohio Foreign Corporation.
Our detailed Incorporation Information page may help you understand some
of the implications of forming an Ohio Foreign Corporation.
However, if there is anything about forming a Foreign Corporation in Ohio
that you're not sure about you should seek the advice of a competent Ohio lawyer, an Ohio accountant,
or both before you form a Foreign Corporation in Ohio.
Once you have made the decision to form a Foreign Corporation in Ohio, an Ohio lawyer
can file your documents and act as a middle man for a few hundred dollars an hour; or you can use an online service provider like All Business Documents
to perform these services and save money that you can use in your new Ohio Foreign Corporation.
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Do I have to Reserve a Company Name before I Form a Foreign Corporation in OH?
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You are not legally required to reserve a Company Name for a new Ohio Foreign Corporation before you submit your application to form a Foreign Corporation in
Ohio.
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You are not legally required to reserve a Company Name for a new Ohio Foreign Corporation before you submit your application to Form a Foreign Corporation
in Ohio.
The Corporation name that you have registered in your home state may or may not be available in Ohio.
In that case you need a different name your Ohio Foreign Corporation.
Whether or not you need to reserve a company name for your new Ohio Foreign Corporation depends entirely on your business situation.
The Ohio Secretary of State uses names on a first come first served basis.
So if you think that someone may snatch the Company Name that you have in mind, you may want to reserve that Ohio Foreign Corporation Name.
Click here for more information on
Ohio Company Name Reservation
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What if the Ohio Foreign Corporation Name I want is already taken?
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If the Name you have chosen for your new Ohio Foreign Corporation is already in use by a currently active
Ohio Corporation or LLC then you will have to register a DBA Name with the Ohio Secretary of State. "DBA" is an abbreviation for "Doing Business As."
We verify that the Name you have chose for your new Ohio Foreign Corporation is available before we submit
your Foreign Incorporation filing to the Ohio Secretary of State.
If necessary we can register a DBA Name in Ohio for you so that you can open your new Ohio business as quickly as possible.
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What do I have to do to Form a Foreign Corporation in Ohio?
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5 things you have to do in order to Form an Ohio Foreign Corporation
1. Prove that you are registered in a state other than OH as a Domestic Corporation
2. Choose a name for your Ohio Foreign Corporation
3. Select an official address and a Registered Agent for your OH Foreign Corporation
4. File Registration Documents with the Ohio Secretary of State
5. Determine how you want your Ohio Foreign Corporation to be taxed
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1. Prove that you are registered in a state other than Ohio as a Domestic Corporation
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In order to register as a Foreign Corporation in the state of Ohio, you must first prove that you are registered in another state as a
Domestic Corporation.
You prove this with a Certificate of Good Standing, sometimes referred to as a Certificate of Existence or a Certificate of Fact, from the
state in which you are registered as a Domestic Corporation.
Cost of a Good Standing Certificate for your Domestic Corporation varies from state to state.
If you already have a Good Standing Certificate please note that it must be dated no older than 90 days from the date of your application for
Ohio Corporation Foreign Qualification.
If the date on your Good Standing Certificate is older than 90 days then you need to get an updated certificate.
If you get your own Good Standing Certificate you must scan and email or send a copy to us before we submit your application for a
Ohio Foreign Corporation.
We can get your Good Standing Certificate from any state - in most states within 2-3 hours.
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2. Choose a name for your Ohio Foreign Corporation
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You can use the same name in Ohio that you use in your home state, however, if the name of your Domestic Corporation is not available you need to choose another name.
Your Ohio Foreign Corporation name can identify the type of products and services your business will provide;
or it may be the name of the founder; or it can be a combination of the two or something else.
In any case, the Ohio Foreign Corporation name that you choose must be distinguishable from the name of any other registered Ohio Corporation or other
business entity and the name must also be different from any reserved names on record with the state of Ohio.
Your Ohio Foreign Corporation name must not imply that it was formed for a purpose other than that stated in the
Articles of Incorporation for your Domestic Corporation and your Ohio Foreign Corporation name must not be a name that is likely to mislead the public.
The name of an Ohio Foreign Corporation must include the word "Corporation" or
"Incorporated" or an abbreviation of one of these words.
It's important to choose a good name for your Ohio Foreign Corporation because if you want to change it after you qualify you
will have to file amended documents with the Ohio Secretary of State (and pay a fee).
We will check to make sure that your requested Ohio Foreign Corporation name is available and conforms to all state of Ohio
Corporation naming regulations.
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3. Select an official address and a Registered Agent for your Ohio Foreign Corporation
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Every Ohio Foreign Corporation must have an address that is physically located in the state of Ohio.
This address is "registered" with the Ohio Secretary of State.
The Registered Address cannot be a PO Box and is where official and legal correspondence can be delivered.
The individual or company that is registered with the state of Ohio to receive all correspondence on behalf of the Ohio
Foreign Corporation is called a "Registered Agent".
You may act as your own Registered Agent, however, many Ohio Foreign Corporations hire a Registered Agent because they don't have a physical
address within the state of Ohio or to provide a distinct level of privacy.
We provide Registered Agent services in Ohio as well as all other states and the District of Columbia.
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4. File Registration Documents with the Ohio Secretary of State
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In order to Qualify as a Foreign Corporation in Ohio you must file Registration Documents with the Ohio Secretary of State.
In Ohio the registration documents are named "Foreign For-Profit Corporation Application for License".
The registration documents must include certain specific information about your Ohio business.
If the Registration Documents do not conform exactly to state of Ohio requirements they will be rejected.
If you need to change any of the information on your registration documents after your Ohio Foreign Corporation has been approved,
you may amend the registration documents for your Ohio Foreign Corporation but you will have to pay a fee to
the state of Ohio in order to make the changes official.
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5. Determine how you want your Ohio Foreign Corporation to be taxed
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The Ohio Corporate Income Tax Rate is variable depending on the annual net income of the Ohio Foreign Corporation.
Ohio Corporate Income Tax Rates vary from 5.1 to 8.5%.
You may choose that your Ohio Foreign Corporation to be taxed as a C Corporation or S Corporation.
A C Corporation is what you may think of as a traditional Corporation like General Electric or Ford.
C Corporations pay a Corporate income tax to the state if that state taxes Corporations.
You may choose to have your Ohio Foreign Corporation taxed as a S Corporation.
S Corporations "pass through" all corporate profits to the shareholders (owners) who then pay tax at their applicable personal rate.
S Corporations do not pay any Ohio Corporate Income Tax.
The Corporation Tax structure in the state of Ohio consists of two tax brackets:
- 0- $50,000 - 5.1%
- Over $50,000 - 8.5%
Click here for more Ohio Corporate Tax Information .
If you choose to be taxed as an S Corporation, we can prepare the S Corporation election form for your Ohio Foreign Corporation and include it with
your final Foreign Corporation documents.
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What do I have to do to after I Form an Ohio Foreign Corporation?
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4 things you have to do in after you Form an Ohio Foreign Corporation
1. Obtain Business Licenses from the cities and counties in which you plan to do business
2. File the required reports for your Ohio Foreign Corporation
3. Keep proper records of your Ohio Foreign Corporation on file
4. Pay your taxes to the state of Ohio
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1. Obtain Business Licenses from the cities and counties in which you plan to do business
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Note that forming an Ohio Foreign Corporation does not take the place of obtaining a local business license, tax
registration certificate, or other required business permits.
An Ohio Foreign Corporation merely creates an ownership structure that limits the owners' personal liability.
You may still need to take care of getting set up to do business with your local government.
Depending on the nature of the business and the location of your Ohio Foreign Corporation within Ohio you may need to get one or more local
business licenses or permits.
The business licenses or permits that are required for your Ohio Foreign Corporation vary depending on your business activities
and the specific locations within the state of Ohio in which you want to conduct business.
If your Ohio Foreign Corporation will be selling products in Ohio you may be required to obtain a Reseller's Permit from the appropriate
Ohio state agency.
If your Ohio Foreign Corporation will be selling products in Ohio you will also be responsible for all applicable local and state of Ohio
sales taxes if there are any.
We have the expertise to find out exactly which state and local permits that you need for your specific business.
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2. File the required reports for your Ohio Foreign Corporation
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The Annual Report includes basic information about your Ohio Foreign Corporation including information on your Officers and Directors.
Failure to submit a properly completed Ohio Annual Report to the Ohio Secretary of State on or before the
due date may subject the Ohio Foreign Corporation to being administratively dissolved in the state of Ohio or having its authority to
transact business in the state of Ohio revoked by the Ohio Secretary of State.
Penalties may accrue if you fail to file any Ohio Foreign Corporation Annual Report to the Ohio Secretary of State by the due date.
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3. Keep proper records of your Ohio Foreign Corporation on file
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Keep the following records on file and available at the principal business office of your Ohio Foreign Corporation:
- Names and addresses of all Directors and Officers of the Ohio Foreign Corporation
- Foreign Corporation formation documents and any Amendments to them
- Corporate Bylaws and any Amendments to them
- List of current shareholders of the Foreign Ohio Corporation.
If shareholders change, keep a record of old shareholders and how stock was transferred.
- Minutes of all Meetings of Shareholders and Directors
- Copies of any Corporate Resolutions which have been adopted by the Ohio Foreign Corporation
- Copies of all tax returns and Annual Reports for the Ohio Foreign Corporation for the last 3 years
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4. Pay your taxes to the state of Ohio
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Foreign Corporations that either do business in the state of Ohio or that derive income from sources within the state of Ohio are subject
to Ohio and federal tax laws.
If you are engaged in intrastate business and derive income from other states besides Ohio, you must allocate the amount of income derived
from the state of Ohio in order to determine your Ohio state taxes.
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What information do I need in order to Form a Foreign Corporation in Ohio? |
In order to Form a Foreign Corporation in Ohio you'll need certain specific information about your Company
including the Corporation name and address; and Registered Agent information.
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In order to Incorporate in Ohio you'll need the following information about your new Company:
- The name of your new Ohio Foreign Corporation along with your second choice of a name in case the name that you want is not available
- Physical addess of the Foreign Corporation office in Ohio (not a PO Box)
- A good standing certificate for your Domestic Corporation from your home state no older that 90 days
- A description of the nature of the business you are planning to operate with the Ohio Foreign Corporation
- Names and addresses of the initial Directors of the Ohio Foreign Corporation
Remember - ALL the information that you provide when you Form a Foreign Corporation in Ohio becomes part of the public record.
Our data entry forms include the absolute minimum amount of information that is required in order to Form a new Foreign Corporation in Ohio.
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How long does it take to Form a Foreign Corporation in Ohio? |
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Processing times for new Ohio Foreign Corporation applications vary depending on the work load of the
Secretary of State's staff.
We've found that normal processing of new Ohio Foreign Corporation applications takes the state around 3-7 business days.
Add 2-3 days for the time period for shipping the final documents by mail.
Choosing our Express Mail option can shave a couple of days off the total processing time for your new Ohio Foreign Corporation.
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The Ohio Secretary of State requires notarization of the signature on the Ohio Foreign Corporation application.
This adds time to the processing time for Ohio Foreign Corporation Qualification.
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PLEASE NOTE: WE CANNOT GUARANTEE OHIO SECRETARY OF STATE PROCESSING TIMES.
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The Ohio Secretary of State reserves the right to extend expedite periods in time of extreme volume, staff shortage or
equipment malfunction.
We are dependent on, and have no control over, the staff and systems of the Ohio Secretary of State.
In our experience 3-7 business days is the time it usually takes the Ohio Secretary of State to process
a new Ohio Foreign Corporation application.
We get your Ohio Foreign Corporation application to the OH Secretary of State ASAP.
Once it is at the state we have no control over the new Ohio Foreign Corporation application process.
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Are there any Expedited Processing Options for a new OH Foreign Corporations?
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There are two expedited processing options available for new Ohio Foreign Corporation filings.
- $325 - We can submit your filing to the Ohio Secretary of State for guaranteed 2 business day approval
- $425 - We can submit your filing to the Ohio Secretary of State for guaranteed 1 business day approval
The expedited fee is in addition to the regular Ohio Foreign Corporation filing fees and includes all state expedited fees as well as our expedited processing and shipping fees.
Expedited times are the times which the Ohio Secretary of State takes to review a new Foreign Corporation application.Â
We can submit your new Ohio Foreign Corporation filing to the OH Secretary of State on the same day that we get your signed documents.
If we receive your documents before 9 AM Ohio time we can get them to the Ohio Secretary of State before their noon expedited processing deadline for that day, |
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If you have your Illinois Foreign Corporation application documents prepared
we can walk your filing in to the Secretary of State in most cases on the same day that we receive your filing.
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Click here to find out about our Ohio Corporate Walk in Service.
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How much does it cost to Form a Foreign Corporation in Ohio? |
The state of Ohio charges $104.00 to Form a Foreign Corporation in OH. Also add the cost of a good standing certificate from your home state.
If you choose us to help you Form your Foreign Corporation in Ohio our processing fees are $145.00.
This includes:
- Same day processing of your new Ohio Foreign Corporation order
- OH Name Check and Reservation
- Prepare Foreign For-Profit Corporation Application for License
- File Formation Documents with the Ohio Secretary of State
- Certified Copies of Formation Documents
- Ohio Foreign Corporation Checklist
- Priority Mail Delivery
- Unlimited Customer Support
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