Oklahoma LLC Formation: A Step-by-Step Guide
Learn how to form a Limited Liability Company (LLC) in Oklahoma, including the necessary documents, fees, and procedures.
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Forming a Limited Liability Company (LLC) in Oklahoma can be a straightforward process, but it requires careful planning and attention to detail. In this article, we will guide you through the steps to get an LLC in Oklahoma, including the necessary documents, fees, and procedures.
The first step in forming an LLC in Oklahoma is to choose a unique name for your business. The name must be distinguishable from other business names in the state and must not contain any words that are prohibited by the Oklahoma Secretary of State. You can search for available names on the Oklahoma Secretary of State's website.
Once you have chosen a name, you will need to file a Certificate of Formation with the Oklahoma Secretary of State. This document will require the name and address of the LLC, the purpose of the LLC, and the names and addresses of the managers or members. You can file the Certificate of Formation online or by mail.
The filing fee for the Certificate of Formation is currently $100. You will also need to pay a $10 fee for the certified copy of the Certificate of Formation. You can pay these fees online or by check.
After filing the Certificate of Formation, you will need to create an Operating Agreement. This document will outline the ownership and management structure of the LLC, as well as the rights and responsibilities of the members. You can create your own Operating Agreement or hire an attorney to draft one for you.
Once you have filed the Certificate of Formation and created an Operating Agreement, you will need to obtain an EIN (Employer Identification Number) from the IRS. This number is required for tax purposes and will be used to open a business bank account.
Finally, you will need to obtain any necessary licenses and permits to operate your business in Oklahoma. These may include a sales tax permit, a use tax permit, and any other licenses or permits required by your industry.
By following these steps, you can successfully form an LLC in Oklahoma and start your business. It's always a good idea to consult with an attorney or accountant to ensure that you are following the correct procedures and meeting all the necessary requirements.