Professional services businesses
Ohio allows professionals, such as accountants, attorneys and physicians to form a
professional corporation (PC).
After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Ohio corporations.
Ohio corporations must keep the following items with their corporate records:
- Accounts of record
- Minutes of the proceedings of the incorporators, shareholders, directors and committees of the directors
- A record of the shareholders, including their names and addresses and listing the number and class of shared issued or transferred to them
Corporate taxes and fees
The following are taxation requirements and ongoing fees for Ohio corporations:
- Annual report.
Ohio does not require corporations to file an annual report.
For complete details on state taxes for Ohio corporations, visit
Business Owner's Toolkit
State of Ohio
- Federal tax identification number (EIN).
is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
- State tax identification number.
Ohio does not require a state tax identification number.
Business licenses and/or permits are required for most businesses. The BizFilings
Business License Application Package can help you stay on top of these requirements.
S corporation election
Ohio does not recognize the federal S corporation election. It requires a state-level S corporation election.
Additional Ohio information
View the following additional resources BizFilings has for forming and maintaining companies in Ohio: