Incorporate In Oklahoma

Oklahoma, the “Sooner State” has an economy based on agriculture and natural energy sources. It is known throughout the world as the subject of the famous Broadway musical, “Oklahoma!” It has one of the fastest growing economies in the United States.

Benefits of incorporating in Oklahoma:

Protection of personal assets

When incorporating in the Oklahoma, foreign entrepreneurs should feel confident in the knowledge that their personal assets are protected. Corporations and limited liability companies separate the assets and liabilities of companies from the personal assets of the business owner.

Ability to open bank account

Forming a company is the first step for a non US resident to open a bank account. A US bank account gives businesses access to a debit card, and the potential to open a merchant service account. Internet commerce is made much easier with a US bank account because companies like PayPal, Amazon and EBay considered you more qualified as a vendor.

Enhanced credibility

Whether starting a new business or incorporating an existing one, incorporation makes a business appear more credible to potential customers, suppliers and investors. You also have the security of operating under US law.

Your corporate name can boost your brand

Oklahoma requires that C corporations and LLCs not have a name that is the same or could be confused with a business already in existence. To make sure your business name is eligible Inc. Plan can help you choose a distinctive C corp or LLC name. A unique corporate name enhances your company’s reputation and also helps protect the identity of your brand.

Tax flexibility and benefits

In Oklahoma, the type of incorporation you choose determines the nature of the taxes to which your company will be subject. C corps must pay a corporate income tax and a franchise tax. LLCs are assessed taxes based on its members’ personal revenue.

Residency Requirements

Oklahoma does not have any residency requirements. Owners and directors do not need to live in state to legally operate an Oklahoma company. Before your firm is legally eligible to operate make sure you possess all the required business licenses, permits, and tax registrations. Inc. Plan can help you stay in compliance with state law.

Other incorporating requirements

Oklahoma based C corps and LLCs must have at least one director/member.

Requirements for forming an LLC in Oklahoma:

When forming a Limited Liability Company certain steps must be taken to keep the business in compliance on an ongoing basis.

Name requirements for LLCs

LLCs must contain the terms “Limited Liability Company,” “Limited Company” or the abbreviations “Ltd.,” Co.,”, “LC,” “LLC,” and “L.L.C..” Any terms related to banking, insurance, architecture or engineering activities need special approval from state authorities.

LLC filing requirements

Entrepreneurs looking to form LLCs in Oklahoma must file articles of organization with the state. Oklahoma LLCs must file an annual certificate due on the incorporation’s anniversary date. The fee for filing the annual certificate is $25.

Required information for the Article of Organization

The Articles of Organization must contain the name and address of a registered agent who resides in Oklahoma and who is available to manage legal and tax business documentation. For more help with the initial corporate filing or with qualified registered agent services feel free to contact Inc. Plan (USA).

LLC taxes and fees

Oklahoma LLCs can elect to be taxed as C-corps or as partnerships. The state also requires an EIN for Limited Liability Companies that hire employees.

Requirements for forming a C corporation in Oklahoma:

Each of the 50 American states has its requirements for incorporating. The essential requirements for C corporations established in Oklahoma are as follow:

Name requirements for C corporations

Oklahoma allows organization names that include the terms “Company,” “Corporation,” “Incorporated” and “Limited,” along with their abbreviations. Incorporation names can contain the words “Institute,” “Association,” “Society,” “Union,” “Syndicate,” “Club” or “Foundation.” Terms related to banking, insurance, architecture or engineering activities need special approval from state authorities.

Filing requirements in Oklahoma

Entrepreneurs looking to form C corps in Oklahoma must file articles of organization with the state. C corps must pay an annual franchise tax to the State Tax Commission by July 1st. At the time of incorporation, companies must also file a Business Registration Form within 60 days of incorporation.

Required information for the Article of Incorporation

The Articles of Incorporation are required to list the company’s authorized shares along with their assigned par value. Entrepreneurs must also include the name of a registered agent with a physical address in Oklahoma. Any increase in the number of shares may affect the initial filing fees. Inc. Plan (USA) can help you with the initial filing process and with qualified registered agent service.

Taxes and fees requirements

Corporations are subject to both corporate income tax and a franchise tax. The corporate income tax is calculated on net revenue at a rate of 6%. The franchise tax is calculated based on the capital used, employed or invested in Oklahoma.

If you are ready to get started you can fill out our application or call 1-302-428-1200 for a Free 30 Minute Live Consultation.



  • No products in the cart.