COLUMBUS – Ohio Secretary of State Frank LaRose introduced one other sturdy month for brand new enterprise progress this 12 months with 16,065 new enterprise filings in February 2023, the very best February variety of enterprise filings in Ohio historical past.
“My imaginative and prescient for Ohio is one the place each entrepreneur with a good suggestion could make their dream come true,” mentioned Secretary LaRose. “We’re strengthening that local weather in our state and job creators are responding in file numbers month-after-month.”
How the Secretary of State contributes to Ohio’s sturdy enterprise local weather:
• By streamlining certifications for minority, ladies, and veteran-owned companies and modernizing the method for restricted legal responsibility firms (LLCs) to include in Ohio, Secretary LaRose continues to work to simplify the method for beginning a enterprise within the Buckeye State.
• A brand new enterprise in Ohio may be filed in Ohio for $99 – lower than our neighboring states – and the appliance can sometimes be processed in twenty-four hours.
LaRose has additionally expanded the Ohio Enterprise Useful resource Connection, a compilation of personal and public assets out there to help companies.
LaRose has hosted dozens of roundtables all through the state with neighborhood, legislative and enterprise leaders to unfold the phrase concerning the assets out there for entrepreneurs trying to begin or develop their companies.
Fast Info:
• 16,065 new companies have been created in February 2023, a 1,577 submitting improve from February 2022.
• 2019, 2020, and 2021 have been all record-setting years in Ohio for brand new enterprise creation. In 2021, Ohio surpassed the annual submitting file with 197,010 new enterprise filings.
Ohio entrepreneurs can go to OhioSoS.gov/BusinessResources to find the useful alternatives out there to them that may assist them begin and develop their enterprise.
New enterprise filings are categorized as types filed with the Ohio Secretary of State that declare the formation of a enterprise entity, together with for-profit, non-profit {and professional} firms, restricted legal responsibility firms, partnerships, restricted partnerships and restricted legal responsibility partnerships. Submitting as a enterprise in Ohio doesn’t assure the corporate will start operations, be worthwhile or create jobs.
