New Business Filings in Ohio on the Rise

NEW REPORT SHOWS FASTEST FIRST FIVE MONTHS FOR NEW BUSINESS FILINGS IN STATE HISTORY

COLUMBUS – Ohio Secretary of State Frank LaRose today announced 11,099 new entities filed to do business in Ohio in May. All combined, the first five months of new business filings are the most on record in the state of Ohio.

In 2019 alone, nearly 60,000 new businesses have filed to do business in Ohio. So far this year, 3,089 more new businesses have filed in the state of Ohio as compared to the same point last year.

“2019 can now boast five straight months of robust new business creation,” said LaRose. “As Ohio’s business climate continues to strengthen, our office stands ready to help connect entrepreneurs to the resources they need to succeed and grow.”

NOTE: 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.