How to Start a Business in Oklahoma (Step by Step Guide)
Are 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:
- Limited Liability Company (Most Popular)
- Corporation
- Sole Proprietorship
- 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.
| Agency Responsible | Oklahoma Secretary of State – Business Services Division |
| Form(s) to be filled | Articles of Organization (SOS FORM 0074-07/12) |
| Mode | Mail, in-person, fax or Online |
| Name Reservation | Optional, Fee $10 (Online) |
| Filing Fee | $100 + Expedite fee $25 (optional) |
| Time | 2 weeks (Option to expedite) |
| Law | OK Stat §18-2000 |
Summary:
- Choose Business Name
- File for Business name reservation (Optional)
- Select a Registered Agent
- Fill Articles of Organization (SOS FORM 0074-07/12)
- Create an Operating Agreement
- Get an EIN Number (IRS Form SS-4)
- Obtain Tax ID and business permit
- (Ongoing) File Annual Report
| Agency Responsible | Oklahoma Secretary of State – Business Services Division |
| Form(s) to be filled | Certificate of Incorporation |
| Mode | Mail, in-person, fax or Online |
| Name Reservation | Optional, Fee $10 (Online) |
| Filing Fee | $50 + Expedite fee $25 (optional) |
| Time | 2 weeks (Option to expedite) |
| Law | OK Stat § 18-1006 (2015) |
Summary:
- Search for a Business Name
- File for Business Name Reservation (Optional)
- Select Registered Agent
- Fill Certificate of Incorporation (SOS FORM 0002)
- Create Bylaws
- Get an EIN Number
- Obtain Tax ID and business permit
- (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