Create an LLC in Oklahoma in 5 Simple Steps
Step 1: Give Your Oklahoma LLC a Name
Step 2: Select a Registered Agent
Step 3: File the Articles of Organization.
Step 4: Draft an Operating Agreement.
Step 5: Obtain an EIN
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It is simple to form an LLC in Oklahoma.
To form an Oklahoma LLC, you must submit the Articles of Organization to the Oklahoma Secretary of State, which costs $100. Apply online, via mail, or in person. The Articles of Organization are the legally binding documents that establish your Oklahoma Limited Liability Company.
STEP 1: Give your Oklahoma LLC a name.
The first and most significant step in forming an LLC in Oklahoma is deciding on a name. Make sure your name conforms with Oklahoma naming regulations and is readily searched by prospective customers.
1. Follow the naming conventions:
The word “limited liability corporation” or one of its acronyms must be in your name (LLC or L.L.C.).
Your LLC’s name cannot include terms that may be confused with a government organization (FBI, Treasury, State Department, etc.).
Restricted terms (e.g., bank, attorney, university) may need extra documentation and the participation of a licensed professional, such as a doctor or lawyer, in your LLC.
Your name must be unique among Oklahoma limited liability companies, corporations, limited liability partnerships, and limited partnerships.
2. Oklahoma LLC Name Availability: Conduct an Oklahoma LLC search on the Secretary of State’s website to ensure that the name you choose isn’t currently in use.
3. Is the URL accessible? We suggest checking online to see whether your company name is accessible as a web domain. Even if you don’t intend to create a company website right away, you may wish to purchase the URL to prevent others from doing so.
STEP 2: Select an Oklahoma Registered Agent
You must choose an Oklahoma registered agent for your LLC.
What exactly is a registered agent? A registered agent is a person or corporate organization that receives vital tax forms, legal papers, lawsuit notices, and other government communication on your behalf. Consider your registered agent to be your company’s point of contact with the state.
Who is eligible to be a registered agent? A Registered Agent must be an Oklahoma citizen or an organization, such as a registered agent service, that is permitted to do business in Oklahoma. You may choose someone from your organization, even yourself.
STEP 3: Submit the Articles of Organization for the Oklahoma LLC.
You must submit the Articles of Organization with the Oklahoma Secretary of State to register your Oklahoma LLC. You may apply either online or via mail.
STEP 4: Draft an Operating Agreement for an Oklahoma LLC.
Although an operating agreement is not necessary in Oklahoma, it is a good idea to have one.
What exactly is an operating agreement? An operating agreement is a legal document that outlines an LLC’s ownership and running processes.
Why are operating agreements necessary? A detailed operating agreement guarantees that all firm owners are on the same page and decreases the likelihood of future disagreement.
STEP 5: Obtain an EIN from the State of Oklahoma.
What exactly is an EIN? EIN is an acronym that stands for Employer Identification Number. EINs are nine-digit numbers provided by the Internal Revenue Service (IRS) to companies to assist them be identified for tax reasons. It is basically a business’s Social Security number.
An EIN is also known as a Federal Employer Identification Number (FEIN) or a Federal Tax Identification Number (FTIN) (FTIN).
Why do I need an EIN? An EIN is necessary in order to:
Establish a business bank account.
Filing and managing federal and state income taxes
What if my single proprietorship already has an EIN? When transitioning a sole proprietorship to an LLC, the IRS demands a new EIN.
Where can I get an EIN? The IRS will provide you an EIN for free. Obtaining an EIN is a simple procedure that may be completed online or by mail.