Setting up an LLC in Oklahoma is a relatively simple process, and can be completed in just a few steps.
To form an LLC in Oklahoma, you’ll need to take the following steps:
Let’s take a closer look at each of these steps.
The name of your LLC must include the phrase “limited liability company” or one of its abbreviations (LLC or L.L.C.). It can’t include language that would imply that it’s something other than an LLC, such as “bank” or “insurance.”
To see if your desired name is available, you can search the business entity database on the Oklahoma Secretary of State website. If it’s available, you can reserve it for 120 days by filing a Name Reservation Request Form.
Every LLC must have a registered agent—an individual or business entity that agrees to accept the service of process on behalf of the LLC. The registered agent must have a physical street address in Oklahoma and be available during normal business hours.
To form your LLC, you’ll need to file Articles of Incorporation with the Oklahoma Secretary of State.
Along with this form, you’ll need to include the filing fee, which is $100 for paper filings and $105 for online filings.
An operating agreement is not required by law in Oklahoma, but it’s a good idea to create one anyway. This document outlines the ownership interests and responsibilities of each member, as well as how the company will be managed.
Depending on the nature of your business, you may need to obtain state and/or local licenses and permits before you can begin operating.
For example, if you’re going to be selling alcohol, you’ll need to get a liquor license from the Oklahoma ABLE Commission.
You can find more information about which licenses and permits might apply to your business on the Business Licensing Services website.
Once you’ve done all that, you’ll be ready to do business in Oklahoma!