Oklahoma (OK)

How to Start a Business in Oklahoma (Step by Step Guide)

Starting Business in OklahomaAre you thinking about starting your own business in Oklahoma? If so, then you have come to the right place!

On this page, you can find step by step DIY instructions on how to incorporate your business in Oklahoma. From selecting the business entity type to forms to be filled, we have covered it all.

Let’s get Started

The first step in setting up your business is to select the business structure.

Broadly there are 4 types of business entities that can be registered:

  1. Limited Liability Company (Most Popular)
  2. Corporation
  3. Sole Proprietorship
  4. Partnership

Each business structure differs on the basis of taxation, asset liability and estate planning. We have written a detailed tutorial on how to choose a business entity type for your business here.

Below we have given a broad outline of the steps involved in registering an LLC or Corporation in Oklahoma.

Clicking on each step, opens up a detailed guide on how to complete it.

How to Start an LLC in Oklahoma

Agency ResponsibleOklahoma Secretary of State – Business Services Division
Form(s) to be filledArticles of Organization (SOS FORM 0074-07/12)
ModeMail, in-person, fax or Online
Name ReservationOptional, Fee $10 (Online)
Filing Fee$100 + Expedite fee $25 (optional)
Time2 weeks (Option to expedite)
LawOK Stat §18-2000


Summary:

  1. Choose Business Name
  2. File for Business name reservation (Optional)
  3. Select a Registered Agent
  4. Fill Articles of Organization (SOS FORM 0074-07/12)
  5. Create an Operating Agreement
  6. Get an EIN Number (IRS Form SS-4)
  7. Obtain Tax ID and business permit
  8. (Ongoing) File Annual Report

How to Start a Corporation in Oklahoma

Agency ResponsibleOklahoma Secretary of State – Business Services Division
Form(s) to be filledCertificate of Incorporation
ModeMail, in-person, fax or Online
Name ReservationOptional, Fee $10 (Online)
Filing Fee$50 + Expedite fee $25 (optional)
Time2 weeks (Option to expedite)
LawOK Stat § 18-1006 (2015)

Summary:

  1. Search for a Business Name
  2. File for Business Name Reservation (Optional)
  3. Select Registered Agent
  4. Fill Certificate of Incorporation (SOS FORM 0002)
  5. Create Bylaws
  6. Get an EIN Number
  7. Obtain Tax ID and business permit
  8. (Ongoing) File Annual Report



References:
https://law.justia.com/codes/oklahoma/2014/title-18/section-18-1135/
https://law.justia.com/codes/oklahoma/2014/title-18/section-18-2012.2/

Last fact-checked on 25/07/2018