COLUMBUS – Ohio Secretary of State Frank LaRose today announced 11,172 new entities filed to do business in Ohio in July -- an increase of 1,520 when compared to the same month in 2018. So far in 2019, Ohio is ahead of last year’s record-breaking pace by 4,421 new business entities.
“Ohio is consistently being recognized for our innovative and diversified business climate,” said LaRose. “We’re leveraging that advantage to bring businesses to Ohio at an unrivaled pace.”
New business filings are classified as forms filed with the Ohio Secretary of State that declare the formation of a business entity, including for-profit, non-profit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships. Filing as a business in Ohio does not guarantee the company will begin operations, be profitable, or create jobs.
LaRose was recently appointed to co-chair the National Association of Secretaries of State (NASS) Business Services Committee. The committee will share best practices regarding corporate registrations, electronic business filings, notarizations, Uniform Commercial Code (UCC) filings, and business identity theft.
Editor’s Quick Facts:
- 11,172 new entities filed to do business in Ohio in July 2019.
- New businesses are up 1,520 compared to the same month last year, an increase of 15.7%.
- So far in 2019, 80,551 new businesses have filed to do business in Ohio compared to 76,130 at the same point in 2018.