Oklahoma Business Incorporation Questionnaire

State:
Multi-State
Control #:
US-Q1019
Format:
Word; 
Rich Text
Instant download

Description

This form addresses important considerations that may effect the legal rights and obligations of the parties during the process of incorporating a business. This questionnaire enables those seeking legal help to effectively identify and prepare their issues and problems. Thorough advance preparation enhances the attorney’s case evaluation and can significantly reduce costs associated with case preparation.



This questionnaire may also be used by an attorney as an important information gathering and issue identification tool when forming an attorney-client relationship with a new client. This form helps ensure thorough case preparation and effective evaluation of a new client’s needs. It may be used by an attorney or new client to save on attorney fees related to initial interviews.


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FAQ

How much does it cost to start an Oklahoma corporation? At least $50. This is the minimum fee for filing an Oklahoma Certificate of Incorporation. However, if your corporation has more than $50K of authorized capital, the filing fee increases by $1 for every $1K of capital.

Step 1: Name Your LLC. Choosing a company name is the first and most important step in starting your LLC in Oklahoma.Step 2: Choose Your Oklahoma Registered Agent.Step 3: File the Oklahoma LLC Articles of Organization.Step 4: Create an LLC Operating Agreement.Step 5: Get an EIN and Complete Form 2553 on the IRS Website.

You can file the form in person, by mail, by fax, or online at the Secretary of State's filing website. For a business with up to $50,000 in authorized shares, the filing fee is $50. If you need same-day service for your articles of incorporation, you must file in person and pay an additional $25 expediting fee.

The Oklahoma Corporation Commission requires all LLCs to file an Annual Certificate (Annual Report) every year. The Oklahoma Secretary of State requires you to file an Annual Certificate in order to maintain compliance with state law and to maintain good standing.

Time to process your corporation or LLC formation varies by state with routine processing taking 4 - 6 weeks or even more in the slowest states. Expedited Processing will reduce that time to about 10 business days or less with the exception of just a few states.

How much does it cost to start an Oklahoma corporation? At least $50. This is the minimum fee for filing an Oklahoma Certificate of Incorporation. However, if your corporation has more than $50K of authorized capital, the filing fee increases by $1 for every $1K of capital.

So if you're asking yourself, When should I incorporate? the answer is likely as soon as possible. By incorporating immediately you get immediate benefits of limited liability, for example, but January may be a good option because it can save you time when it comes to paperwork.

Do-It-Yourself Checklist to Incorporate Your BusinessFind a Name. The first step to incorporating your business is making sure your business's name is available.Create Your Governing Documents.File Your Paperwork.Hold a Meeting.Obtain an EIN.Continue Building Your Business.

In general, turnaround time for incorporating a business in Oklahoma is 15-20 business days. Expedited filings, which require an additional fee, typically take 2-3 business days.

When filing by mail, your Oklahoma LLC will be approved in 7-10 business days. Your LLC approval will arrive in the mail and you'll receive 3 things: a stamped and approved copy of your Articles of Organization, a receipt, and a more official document, known as a Certificate of Organization.

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Oklahoma Business Incorporation Questionnaire