How to Change the Name of an Oklahoma Business
To change the name of a business in Oklahoma, you can file for a trade name or submit an amendment to the legal name of an existing business.
When to Change a Business Name in Oklahoma
Reasons for changing a business name in Oklahoma include negative associations, simplifying the name, and reflecting a change in ownership.
Steps for Transferring LLC Ownership in Oklahoma
1) Review the Operating Agreement.
2) Draft an agreement if necessary.
3) Consider state laws and regulations.
4) Seek legal assistance for compliance.
Adding a New Member to an LLC in Oklahoma
To add a new member to an LLC in Oklahoma, ensure the operating agreement allows it, obtain approval from existing members, and file an amendment to the articles of organization.
Cost and Process of Forming an LLC in Oklahoma
- The Secretary of State charges a $100 fee for filing the Articles of Organization.
- A $10 fee for LLC name reservation.
- An Annual Certificate with a $25 fee required each year.
Obtaining Oklahoma LLC Certificates
You can request certified copies of your articles of organization and other LLC records from the Secretary of State.
LLC Name Change and Tax Election in Oklahoma
- File an amendment to change the name of your Oklahoma LLC.
- An LLC in Oklahoma can elect S-Corporation tax status by filing IRS Form 2553.
Considerations for Adding a New LLC Member
- Review the impact on profit sharing.
- Ensure compliance with the operating agreement.
- Establish a separate bank account for the new member.