How To Get An LLC In Oklahoma
How to Get an LLC in Oklahoma
If you’re thinking about starting a business in Oklahoma, you may be wondering how to get an LLC. An LLC, or limited liability company, is a popular business structure because it offers both personal liability protection and tax benefits.
This can be done yourself by visiting theĀ Oklahoma Secretary of StateĀ website by following theĀ LINKĀ and following the steps listed below. You can also get an LLC in Oklahoma by contacting our Business Formation Specialists atĀ BusinessšRocketĀ for assistance. The team at Business Rocket has the knowledge and experience to file the documents on your behalf so you get the most benefits from whatever business structure you select.
In this guide, we’ll walk you through the steps on how to get an LLC in Oklahoma. We’ll cover everything from choosing a name to filing the necessary paperwork.
Step 1: Choose a Name
The first step in forming an LLC in Oklahoma is to choose a name. Your LLC name must be unique and cannot be the same as any other LLC in Oklahoma. You can check the availability of LLC names using the Oklahoma Secretary of State’s website.
Once you’ve chosen a name, you’ll need to file a name reservation with the Secretary of State. The filing fee is $25.
Step 2: Choose a Registered Agent
Every LLC in Oklahoma must have a registered agent. A registered agent is a person or business that receives legal documents on behalf of your LLC. You can be your own registered agent, or you can hire a registered agent service.
The filing fee to appoint a registered agent is $50.
Step 3: File Articles of Organization
The next step is to file your Articles of Organization with the Oklahoma Secretary of State. The filing fee is $100.
Your Articles of Organization must include the following information:
- Your LLC name
- The name and address of your registered agent
- The name and address of your LLC’s principal office
- The names and addresses of your LLC’s members
- The purpose of your LLC
Step 4: Get an Employer Identification Number (EIN)
If your LLC has more than one member, or if it expects to have annual gross receipts of $250,000 or more, you’ll need to get an Employer Identification Number (EIN) from the IRS. You can apply for an EIN online or by mail.
Step 5: Create an Operating Agreement
An operating agreement is an internal document that outlines the rules and regulations of your LLC. It’s not required by law, but it’s a good idea to have one. An operating agreement can help to avoid disputes between members and make it easier to resolve any problems that may arise in the future.
Step 6: Get Business Licenses and Permits
Depending on the type of business you’re operating, you may need to obtain business licenses and permits from the city or county where your business is located. You can find more information about business licenses and permits on the Oklahoma Department of Commerce’s website.
Step 7: Open a Business Bank Account
It’s a good idea to open a separate business bank account for your LLC. This will help to keep your personal and business finances separate.
Step 8: Get Business Insurance
Business insurance is important to protect your business from financial losses in the event of a lawsuit, property damage, or other unforeseen event. There are many different types of business insurance, so you’ll need to choose the policies that are right for your business.
Conclusion
Forming an LLC in Oklahoma is a relatively simple process. By following the steps outlined in this guide, you can get your LLC up and running in no time.
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If you need help forming an LLC in Oklahoma, you can hire a registered agent service or an attorney. They can help you with all the paperwork and ensure that your LLC is formed correctly.
Here are some of the benefits of forming an LLC in Oklahoma:
- Personal liability protection. An LLC provides its members with personal liability protection, which means that your personal assets are not at risk if your business is sued.
- Tax benefits. An LLC can be taxed as a sole proprietorship, partnership, or corporation. The tax treatment of your LLC will depend on your individual circumstances.
- Flexibility. An LLC is a flexible business structure that can be adapted to meet the needs of your business. You can choose to have one or more members, and you can manage your business however you see fit.
If you’re thinking about starting a business in Oklahoma, forming an LLC is a great way to protect yourself and your business.
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