Incorporate your business in Oklahoma;
Our Incorporation information is to help you with the small
business startup process. The Oklahoma Incorporation info can
help answer questions like "How do I form an LLC in Oklahoma?"
or "What type of Incorporation entity should I be? An Oklahoma
S-Corporation or an Oklahoma C-Corporation?" or "What are the
requirements for an Oklahoma Corporation?" It's easy to set up
an Oklahoma Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
The name must contain the word "Corporation,"
"Company," "Incorporated," "Limited," "Association," "Club,"
"Foundation," "Fund," "Institute," "Society," "Union," "Syndicate,"
or an abbreviation thereof. The name must be distinguishable
from the name of any other corporation, limited partnership,
trade name, fictitious name, reserved name, limited liability
company, limited partnership, or any limited liability company
name filed with the Secretary of State.
Corporation Requirements
Director Information
Minimum Number - One or more.
Residence Requirements - No provision.
Age Requirements - None.
Directors are not required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in the shares may cause an increase in
initial filing fees.
Corporate Records
Certain records must be kept; however, there is no
provision as to the location of required records.
Tax and Fees
Annual Statements
Domestic and foreign corporations must file a Business
Registration Report. The cost of the report is $100,
and is due by January 2nd of the filing year.
Income and Franchise Tax Rates
The income tax rate is 6% of taxable income. The
franchise tax rate is .0125% of Oklahoma capital. The
minimum tax is $10. Foreign corporations are also required
to pay a $100 registered agent fee. The Oklahoma Minimum/Maximum
Franchise Tax Return is due by July 1st.
S Corporation
S Corporation status is recognized by the State of
Oklahoma. A separate state election from the federal
election is not required.
License Requirements
Oklahoma requires you obtain a license and pay a
fee if operating certain types of businesses in the
state. The following is a partial list:
Accountants
Ambulatory surgical centers
Barbers and barber instructors
Closing-out sales
Electrical and elevator construction
Contractors
Fruit and vegetable sellers
Hospitals
Insurance adjusters
Pawnbrokers
Plumbers and plumbing contractors
Real estate brokers and sales associates
Please check with the state to make sure your business
is complying with the license requirements for your
particular profession.
