Oklahoma LLC filing fees [Guide]

Last updated : Sept 10, 2022

Do you have to pay for LLC Every year Oklahoma?

Annual report. Oklahoma requires LLCs to file an annual certificate, which is due on the anniversary date of the LLC's incorporation. The filing fee is $25.

What is needed to file an LLC in Oklahoma?

To start an Oklahoma LLC you'll need to file the Articles of Organization with the Oklahoma Secretary of State, which costs $100. You can apply online, by mail, or in-person. The Articles of Organization is the legal document that officially creates your Oklahoma Limited Liability Company.

What State has the cheapest LLC filing fee?

Kentucky has the lowest LLC formation cost at $40 per LLC while Massachusetts is the most expensive at $500 per LLC.

How long does an LLC take to process in Oklahoma?

When filing by mail, your Oklahoma LLC will be approved in 7-10 business days. Your LLC approval will arrive in the mail and you'll receive 3 things: a stamped and approved copy of your Articles of Organization, a receipt, and a more official document, known as a Certificate of Organization.

What taxes do LLC pay in Oklahoma?

In Oklahoma, the corporate tax is a flat 6% of Oklahoma taxable income. If your LLC is taxed as a corporation you'll need to pay this tax. The state's corporate income tax return (Form 512) is filed with the Oklahoma Tax Commission.

Do LLCs expire in Oklahoma?

Annual Certificates are due on the formation date of the entity each year, and a 60 days grace period is given to file them. After 60 days if there has been no Annual Certificate filed, the entity becomes inactive and not in good standing.

How much does an LLC cost?

You can file the LLC filing documents online, by mail, or in-person when visiting the local SOS office. The filing costs usually vary from $50 to $150 which is a single-time fee. If you plan to form your company in another state, then you might have to provide additional documentation and pay a higher formation fee.

Do I need a DBA for my LLC?

No, you do not need a DBA for an LLC. This is because when you register an LLC, you'll also register your company name eliminating the need for a DBA. However, in some instances, you may use a DBA for your LLC to expand your business and operate part of it under a name other than your original business name.

Can I be my own registered agent in Oklahoma?

Yes, you can be your own registered agent in Oklahoma. However, after considering the registered agent requirements most business owners elect to hire a registered agent service instead.

What state is the easiest to form an LLC?

• Delaware is the most popular state to file an LLC in because it has a strong reputation for being business-friendly and offers a fast filing process with increased protection for owners.
• Wyoming offers low fees and great tax benefits for people looking to start an LLC.

Where is the cheapest to open LLC?

• Utah — LLC Filing fee: $70.
• California — LLC Filing fee: $70.
• Delaware — Filing fee: $90.
• Indiana — Filing fee: $95.

Where is the best place to get a LLC?

What Is the Best Place to Start an LLC? While you can file for an LLC in any state, the best place to file is the state in which you live. The process of filing an in-state LLC is more straightforward and less costly.

Can you file LLC online in Oklahoma?

Every LLC in Oklahoma is required to file an Oklahoma annual certificate (also known as an annual report) with the Oklahoma Secretary of State. You can file online, in person, or by mail. Whichever way you choose to file, you are required to pay a filing fee.

Do you need a registered agent for an LLC in Oklahoma?

Under Oklahoma law, a registered agent is a person your LLC chooses for receipt of official notices and lawsuits. Oklahoma requires every LLC to have a registered agent.

How do you start a LLC company?

1. Decide on a Business Name.
2. Designate a Registered Agent.
3. Get a Copy of Your State's LLC Article of Organization Form.
4. Prepare the LLC Article of Organization Form.
5. File the Articles of Organization.
6. Create an Operating Agreement.
7. Keep Your LLC Active.

Does an LLC have to file an Oklahoma Franchise Tax Return?

The Oklahoma franchise tax is mandatory for all for-profit corporations, including S-corporations, partnerships, and limited liability companies, organized and maintained in Oklahoma.

What are the benefits of an LLC in Oklahoma?

The benefits of starting an LLC in Oklahoma: Separates and protects your personal assets from your business liability and debts. Quick and simple filing, management, compliance, regulation and administration. Easy tax filing and tax treatment advantages. Low filing fee ($100)

What is the self-employment tax rate for Oklahoma?

The self-employment tax rate is 15.3%. That rate is the sum of a 12.4% for Social Security and 2.9% for Medicare.

How do I maintain an LLC in Oklahoma?

Instead, LLCs must file an Annual Certificate with the Oklahoma Secretary of State each year and pay a $25 annual fee. The Annual Certificate is a simple form which recites the LLC's name, states the street address of its principal place of business, and confirms that the LLC is an active business entity.

How do I get an EIN number in Oklahoma?

Click on “Apply For A Tax ID (EIN) Number” to get the application started. You will need to provide a reliable email address, contact information, and an official personal identification number, such as a Social Security number. On the application page, select the entity type that best describes your business.

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how to incorporate an llc in oklahoma in this year today you will learn about the most common ways to start your business including the correct forms you'll need how to register your llc critical naming requirements and all other vital tips and tricks then as a bonus later on in the video i will reveal to you a trustworthy registered agent who will help set up your llc for free so make sure to stick with me until the end oklahoma llcs are easy to set up the state of oklahoma like other states has several specific llc requirements there are three main ways you can start an llc in oklahoma first is the diy or do-it-yourself process where you mostly depend on oklahoma state's website the second way is hiring a professional service that practically offers more efficiency and security in the process of creating your llc while the third one is hiring an attorney we will skip the attorney hiring portion because that's expensive and most business owners won't need that service first let's take a look at the steps required for starting an llc on your own step one name your business before anything else you will have to think of the llc's legal business name each llc in oklahoma must have a distinct llc name that is not currently in use you must include the terms limited liability company or an abbreviation such as llc you cannot include phrases such as a corporation which would lead people to believe you are a different business organization knowing if your business name is taken or not is very easy just go to google and type in the words business entity records oklahoma secretary of state and click the first search result i also have the link in the description below for your convenience it will lead you to a landing page of business entity records in oklahoma scroll down a little and you will see some search options which make checking the availability of your business name easier generally you can click the first option entity name and type in your business name for example i am typing a very common business name here car wash express which will give you a list of existing business names a unique business name will say no matches found just like this random name i typed in keep in mind that the division of revenue doesn't check names for trademark compliance it's ultimately up to you and your business attorney to ensure that your llc's name doesn't infringe on any other company's rights step 2 oklahoma requires llc to have a registered agent an agent has a physical address a po box is not allowed and is available during business hours this agent will serve as the llc's primary point of contact for receiving key legal papers tax warnings summons subpoenas and so on you can register yourself or someone in your company but i highly recommend getting a professional registered agent as they have more knowledge by protecting your company in cases of possible cracks while i agree that family members or friends are reliable enough to be trusted as your llc's agent you are more comfortable sleeping at night knowing that your agent is professional and trained to manage legal documents to avoid problems concerning court schedules filing reports with the secretary of state etc besides hiring a professional registered agent is not expensive in fact there are companies that offer a free registered agent as part of your package when you form your llc through them inc file is a company i recommend which has this free service inc file offers a free registered agent on your first year of signing up for their service during that free year you can already take advantage of a professional and trained agent to receive legal documents on your behalf a dashboard where you can always access the correspondence that your agent has received as well as email notifications and automatic forwarding whenever your registered agent receives documents step 3 filing the oklahoma llc certificate of formation after that you must file the certificate of formation with the oklahoma secretary of state's business entities division and the office of the judge of probate to officially incorporate a domestic oklahoma limited liability company the oklahoma state filing cost for llc's is one hundred dollars for domestic llc's and three hundred dollars for foreign llcs basically a domestic llc means that you are already a resident of oklahoma and you want to build a business in oklahoma foreign llc on the other hand is for people living outside oklahoma but wanting to start a business or a franchise of their business in oklahoma with that said most businesses would be applying for a domestic llc you can file the certificate of formation online or by mailing it to the secretary of state expect the llc certification process to take approximately two weeks this is three to four days for the judge of probate and ten days for the secretary of state step 4 prepare an operating agreement now an operating agreement is a good idea to have in place with the other members if your llc has more than one member although a limited liability company operating agreement is not necessary for oklahoma your operating agreement should clarify how your company or business will handle big picture issues such as allocating earnings and losses and dissolving the company your operating agreement should also cover the transfer of membership interest profits or losses and distributions initial investments decision making powers voting rights and management and lastly dissolving the business step 5 file annual certificate all oklahoma llcs and foreign llcs authorized to do business in the state must file an annual certificate with the oklahoma secretary of state the annual certificate must be filed each year by the anniversary date of your llc's creation there are penalties for late filings you may file the report online through the oklahoma secretary of state entity filing web page or by mail the fee for filing the annual certificate is 25 step 6 obtain an ein an ein or employer identification number is a federal tax id issued by the irs your ein is used by them to readily identify your firm and tax filings all oklahoma firms pay a business privilege tax and the state requires you to have an ein to file you may also be required to provide your ein when opening a bank account or applying for municipal permits or licenses obtaining an ein is a slightly longer process compared to their previous steps i'm sure you know anything to do with the irs is confusing first you have to have complete knowledge of your llc such as your company information managing member information business address business information company details and even critical information regarding vehicular assets and federal excise taxes this is another reason why getting a professional registered agent is way more convenient as they can do this for you as part of their service now let's talk about the second option to form an llc and that is hiring a professional formation service professional formation services do all the steps you should be doing on your own from filing necessary forms to acting as your registered agent you usually have to alloc

Thanks for your comment Moises Mesecher, have a nice day.
- Talisha Kruel, Staff Member

hey today we were talking about how to start an llc in oklahoma my name is eric and in today's video i'm going to show you three different ways that you can go about doing this one is through your state website another is using free online legal tools and the third is if you need to consult with an attorney how you can go about doing that but more importantly also getting a free consult for 15 minutes before you start the meter with that attorney so before i get to all that there are three terms that i want to make you aware of that sometimes people aren't familiar with when they're researching llcs and those terms are things such as piercing the corporate veil registered agents and co-mingling funds now these three terms are important as far as if there are cracks in your llc i'm going to get to that throughout the video so make sure you watch all this so that you make sure that you have a legit llc and it's doing what it needs to do for you so to get started if you go to google and you search oklahoma llc the first listing that pops up here is the oklahoma state website but it's actually kind of misleading because if you click this what it's going to do is it's going to take you right to a form which for a lot of people you prefer to file online electronically rather than fill out a form and go this route but before i show you how to do this online through the state website i wanted to highlight just this one piece right here it's talking about a filing fee of a hundred dollars that's paid to the secretary of state when you're getting set up with your llc there's no way around this fee if you go through an attorney if you go through the state website a free online legal tool it's gonna be about 100 to 104 for that fee depending on credit card processing fees uh you will have to pay that fee but that's actually not too bad some states get up into the mid 400 range so this is about middle of the road if not actually kind of one of the cheaper states for getting set up with an llc now if you want to actually file electronically through the state website you would get set up through the url right here and this is a good time to mention that all the resources that i'm mentioning in this video will be in the description below so if you need to get to any of those they'll be easy for you to click through on if any of them are affiliate links i will mark them as a paid link and i appreciate using those links as it helps to support my youtube channel so if you're on this page now on the ok.gov website what you're going to want to do is you're going to go down to file business documents electronically so i'll tell you right up front this is one of the uglier state websites and i'll kind of get into that for you in a minute here but if you scroll down what we're looking for is domestic limited liability company so what it's going to do is it's going to ask you to log in i've already done that but as you can see this is not the cleanest and easiest thing to go through what you need to do is click on limited liability company it's kind of going off the screen here and basically sometimes state websites are a little bit dated if you were to go the form route there is something i want to highlight on the form as well because you can do this and just mail it in if you want to do the snail mail route one of the things about state websites is they don't do the best job of holding your hand and sometimes like people kind of gloss over details because we're not sure what they mean i'm gonna give you a really good example of that so if you're filling out these articles of organization which is how you get set up with a limited liability company you'll see that in section 4 it talks about the name and street address of the registered agent now if you recall the beginning i said i would explain what a registered agent is which is a crucial part to your llc but to better understand what a registered agent is i want to explain exactly what an llc is and what it is not because sometimes people have confusion over this some people believe that you can set up an llc to save on taxes that is not why you set it up you're simply trying to limit your liability so the purpose of an llc can be explained like this let's say on the left side of the screen here that you have your business assets that could be your office your furniture anything that's in your business things that you own then on the right hand side of the screen is your personal assets so these are things like your personal home personal bank accounts personal cars now what an llc does is it draws a division between your business and personal assets that division is called the corporate veil so you probably recall that we talked about piercing the corporate veil what that means basically is in the unfortunate case that you were sued an attorney is going to come after your business assets but they're going to try to pierce the corporate fail so they can find uh so they can come after assets in your personal asset class as well piercing the corporate veil basically means finding a crack in your llc some way that it wasn't set up correctly some issue that you have with your llc so that they can not only come after your business assets but your personal assets as well one of the ways they can do this is to see if you have a proper registered agent on file or if you're not getting that proper communication from that registered agent and you're not doing the things you're supposed to be doing as a business owner who owns an llc so why don't we take a look at what a registered agent exactly does this is a nice article on a site called ink file which i'll get to in a little bit it's a free online legal tool for setting up llc's but if we scroll down here it's got a quick five bullet point list of what a registered agent does basically the registration is a third party and they'll take in official letters and correspondence from your secretary of state they also do service of process notices so basically if you're sued making sure that you're getting the documents and appearing in court number three here is official federal government correspondence information and notifications four is tax forms and requests for payments and five is request to complete permits company filings or reports so basically that registered agent is making sure you're dotting your eyes and crossing your t's and staying compliant with your llc so there are no cracks in your llc and again that's really important because if there's a crack that attorney's suing you is going to try to find it and they're going to try to pierce the corporate veil so that they can come after your personal assets as well so that's kind of one of the issues that i have with these forms that they set up they just kind of say like oh you're registered agent they need to be in the state of oklahoma blah blah who is it and it doesn't really explain like what a registered agent is how it impacts your business and all the things that you should be aware of with it so a lot of times i'll recommend this ink file service and part of the reason is you know they've obv

Thanks taaltl your participation is very much appreciated
- Talisha Kruel

About the author

Talisha Kruel

I've studied black holes at University of West Georgia in Carrollton and I am an expert in block design and analysis of variance. I usually feel devious. My previous job was elevator mechanic I held this position for 4 years, I love talking about life science and yard games. Huge fan of Annie Oakley I practice trampoline and collect banknotes.