• Fully exempts manufacturing machinery (and gives a credit)
• Full sales/use tax exemption (equal to 5%); 20% income tax credit
• Exemption for things transferred that are used primarily in manufacturing operations to produce tangible personal property for sale; Credit - new manufacturing or refining machinery and equipment used in such operations

• Existing LLC Act: Yes
• State Income Tax Classification of LLC: Follows federal
• Entity Level Tax on LLC: No
• Tax Form and Filing Available: Form IT-4708 due April 15
• Composite Filing Available: Yes

• Ohio Job Creation Tax Credit for businesses that expand or locate in Ohio
• Ohio Job Retention Tax Credit for businesses that commit to retain a significant number of full-time jobs
• Training Tax Credit to train existing employees who are at risk of losing their jobs primarily due to skill deficiencies
• Ohio Manufacturing Machinery & Equipment Investment Tax Credit for manufacturer located in Ohio that purchases qualified new or retooled machinery and equipment that is used in manufacturing
• Technology Investment Tax Credit for investing in small, research and development and technology-oriented forms
• Research and Development Sales Tax Exemption for companies that purchase equipment for research and development activities
• Manufacturing Machinery & Equipment Sales Tax Exemption for companies that purchase machinery and equipment for manufacturing activities
• Warehouse Machinery & Equipment Sales Tax Exemption for companies that purchase eligible warehousing equipment
• Warehouse Inventory Tax Exemption
• Enterprise Zones providing real and personal property tax incentives for businesses that expand or locate in Ohio
• Community Reinvestment Areas providing local real-property tax incentives for residents and businesses that invest in designated areas of Ohio

Incorporate in Ohio

Form an LLC in Ohio