The primary establishment must be a physical location. P.O. Box addresses are not accepted. An email address for the Company`s primary contact (not the registered agent) must be provided. Any domestic and foreign LLC registered to do business in Oklahoma must file an annual certificate on the company`s anniversary. This confirms that it is an active company that is still at the same physical address, and the email address has not changed. If you don`t assign the role of registered agent to someone within the LLC, you can hire a third-party company. Typically, prices range from $50 to $300 per year, with many companies charging around $100 on average. That said, you should think about the annual needs of your Oklahoma LLC; Look for registered agents who are most likely to cover everything you need at a fair price. Not sure what to call your business? Check out our LLC name generator. Then, create a logo with our free logo generator.
Not everyone is suitable for accounting in an LLC, and maintaining the services of someone who performs this work as part of their regular duties can be beneficial. You will have more time to focus on your business and peace of mind that your financial problems will be handled by someone knowledgeable in the field. You don`t have to worry about filing deadlines, meeting and funding federal and state tax requirements or payments to members, and creating the required 1099. If your business name is available but you are not yet ready to form your LLC, you can reserve the name for 60 days by filing an application. It`s relatively cheap to do this, as the fee is only $10. Our information and tools provide educational resources, connect you with other women entrepreneurs, and help you run your business easily. The state requires you to have an insurance policy for workers` compensation and commercial auto insurance. Workers` compensation is required for companies with payroll employees.
All other types of businesses should contact an insurance agent, licensing authority, regulator or other authority that oversees the business you operate. You can decide to purchase insurance for your business, even if the state of Oklahoma does not require you to do so. In these cases, it`s a good idea to get a general liability insurance policy to cover most contingencies. Insurance adds an extra layer of protection to your business and helps you resolve unexpected disasters without putting financial pressure on your business. Follow the step-by-step guide below to start your Oklahoma LLC today and get your business up and running. All company winnings must be deposited into the bank account and all payments for business debt must be paid from that account. You can open more business accounts if needed, but you`ll be fine with an initial account to cover deposits and payments. Be sure to keep an eye on the account to track the balance, how much goes out or in, and check if the transfers have been made.
Learn about licensing requirements for your type of business and the counties and cities where you will operate. We provide you with a list of the most common licenses. Call our business customer service team at 405-815-5218 for more information. You may also need to consult a lawyer. Recommended: Read our review of the best banks for small businesses to find the best national banks, credit unions, business-friendly banks, one with many physical locations, and more. TRUiC has created video guides to support and reinforce our guides on the page. These videos help visualize the ideas and lessons you need to know to start and run a successful business. A company agreement should be considered a must, as it solidifies everyone`s intentions for the business and, if necessary, makes its content enforceable in a civil court. The State of Oklahoma does not require the submission of an operating agreement when the LLC is formed and has no opinion on its necessity. Kelly is an SME writer specializing in starting and marketing new businesses. Prior to joining the team, she was a content producer at Fit Small Business, where she worked as a content marketing writer and strategist for small businesses. She is a former Google Tech entrepreneur and holds a Master`s degree in International Marketing from Edinburgh Napier University.