LLC Formation Process in Oklahoma
The process of forming an LLC in Oklahoma typically takes several weeks from start to finish. However, the exact timeline will depend on a few factors:
- How quickly you submit your articles of organization.
- The workload of the Oklahoma Secretary of State’s office.
- Whether you opt for expedited processing.
With standard processing, it takes 4-6 weeks to get approval for your LLC. If you opt for expedited processing for a fee, the processing time is cut to 1-2 days.
Approval Timelines and Costs
- Online filings for Oklahoma LLCs take 2-3 business days for approval.
- The only official cost associated with creating an LLC in Oklahoma is the Articles of Organization, which is $100.
- When filing by mail, your Oklahoma LLC will be approved in 7-10 business days. Your LLC approval will arrive in the mail.
Additional Steps for Oklahoma LLC Formation
- Choosing the best Oklahoma LLC formation services for your corporation is a step on the right track if you want fast compliance filing and good standing with the Secretary of State.
- Some businesses must register with the Oklahoma Tax Commission, part of the Oklahoma Department of Revenue.
- There are a few important steps to take when starting an LLC in Oklahoma: comply with other tax and regulatory requirements; file annual reports.
Cost Breakdown for Starting an LLC in Oklahoma
- LLC Formation Filing Fee ($100 – Mandatory)
- Registered Agent Service Fee ($80-$300 – Optional)
- Name Reservation Fee ($10 – Optional)
Other Considerations for an Oklahoma LLC
- LLCs in Oklahoma are subject to various taxes, including income tax, sales tax, and employment taxes.
- Naming an LLC in Oklahoma requires adhering to specific guidelines set by the Oklahoma Secretary of State to ensure distinctness, accuracy, and transparency.
- Yes, you need an EIN for your Oklahoma LLC to open a bank account, file taxes, and do other necessary things for running a business.
The process takes 4-6 weeks with standard processing. Expedited processing cuts the time to 1-2 days.