Starting a Sole Proprietorship in Oklahoma
To establish a sole proprietorship in Oklahoma, follow these steps:
- Decide to start operating your business to become a sole proprietor.
- Choose a unique business name and check availability with the Secretary of State.
- Consider registering a "doing business as" (DBA) name locally.
- Obtain the necessary business licenses and permits to legally operate, which vary by location.
Cost of Starting a Sole Proprietorship in Oklahoma
The cost of starting a sole proprietorship in Oklahoma includes:
- $20 for a seller’s permit.
- Additional license fees that vary depending on industry, license, and activity. Check with local authorities for associated costs.
Establishing Yourself as a Sole Proprietor
To establish yourself as a sole proprietor, follow these steps:
- Decide on a business name that is not already in use by another Oklahoma business.
- Register your business name online for $25 or by mail.
- Obtain the required licenses and permits from state or local government before operating your business.