Filings for new business entities in Ohio jump nearly 16% in July

Written on Aug 28, 2019

Ohioans continue to form new business entities at a rapid pace. Secretary of State Frank LaRose on Aug. 19, announced that 11,172 new entities filed to do business in Ohio in July, an increase of 15.7% from 9,652 such filings in July 2018.

So far in 2019, the Secretary of State’s office reported, 80,551 new businesses have filed to do business in Ohio, compared with 76,130 in the first seven months of 2018. That's an increase of 5.8% from last year, which ended with a record 125,204 new business filings in the state.

Ohio is on pace to break that record this year. The number of business filings with the Ohio Secretary of State's office has risen for nine consecutive years as the economy has recovered from the Great Recession.

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.

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