Oklahoma Startup Package
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How to fill out Startup Package?
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FAQ
You can get an LLC in Oklahoma in 2-3 business days if you file online (or 2-4 weeks if you file by mail).
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.
An LLC and a Limited Partnership must also pay an annual fee of $25.00 (LLC) and $55.00 (Limited Partnership) to the SOS to keep its registration active and in good standing. A corporation must file an annual franchise tax return with the Oklahoma Tax Commission and, if owed, pay a franchise tax amount.
You can get an LLC cheaply by filing your formation documents yourself. That way, you only pay the Articles of Organization filing fee and no other service fees to a company. You'll also save money by being your own Registered Agent, and using our free LLC Operating Agreement template.
The State of Oklahoma, like almost every other state, has a corporation income tax. In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable income. If your LLC is taxed as a corporation you'll need to pay this tax. The state's corporate income tax return (Form 512) is filed with the Oklahoma Tax Commission.
The pros and cons of forming an Oklahoma limited liability... Pro: More flexibility. ... Con: Less structure. ... Pro: Eliminates double taxation. ... Con: Pass-through taxes. ... Pro: Limits personal liability. ... Working with a legal representative.
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.
Mail filings: In total, mail filing approvals for Oklahoma LLCs take 2-4 weeks. This accounts for the 5-7 business days processing time, plus the time your documents are in the mail. Online filings: In total, online filing approvals for Oklahoma LLCs take 2-3 business days.