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In Oklahoma, LLCs are taxed as pass-through entities by default, meaning the LLC passes its revenues and losses on to its members. Then members pay the state's graduated personal income tax rate ranging from 0.25% to 4.75% and the state's Pass-Through Entity Tax of 4%.
The fee to file articles of organization when establishing a new Oklahoma LLC is just $100. Hiring a business attorney to handle the formation process typically costs between $300-$500. Fees for business licenses, permits, and name registration at the local level are generally minimal.
Starting an LLC in Oklahoma will include the following steps: #1: Pick A Name for Your Business. #2: Pick a Registered Agent. #3: File the Articles of Organization. #4: Create an Operating Agreement. #5: Get Your EIN.
How much does it cost to form an LLC in Oklahoma? The Oklahoma Secretary of State charges a $100 fee to file the Articles of Organization. You can reserve your business name by filing an LLC name reservation for $10. Oklahoma LLCs are also required to file an Annual Certificate each year, the fee for which is $25.
Initial Oklahoma LLC Fees State FeeState Filing TimeExpedited Filing Time$104*3 Weeks2 Business DaysState Fee$104*State Filing Time3 WeeksExpedited Filing Time2 Business Days
The least expensive way to form an LLC is to file it yourself. The best LLC formation services start around $29. You'll need to pay the state filing fee in either scenario. Check out our How to Start an LLC in Oklahoma guide to learn how to form on your own.
Name your Oklahoma LLC. You'll need to choose a name to include in your articles before you can register your LLC. ... Choose your registered agent. ... Prepare and file articles of organization. ... Receive a certificate from the state. ... Create an operating agreement. ... Get an Employer Identification Number.
Articles of Organization are the legal documents that must be filed with the Oklahoma Secretary of State when forming a domestic or professional LLC in Oklahoma.