Oklahoma LLC - How to Start an LLC in Oklahoma Step by Step Guide
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How to Start an LLC in Oklahoma - In this updated step by step guide we give you all the details on starting an LLC in the state of Oklahoma on your own! Alternatively we also share recommendations and insight on the benefits of hiring a service to easily start your Oklahoma LLC. Forming an LLC a great way to structure your small business and protect your personal assets.
ð Oklahoma LLC Formation
https://howtostartanllc.com/oklahoma-llc
ð Free LLC Operating Agreement Template:
https://howtostartanllc.com/fr....ee-operating-agreeme
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*TIMESTAMPS*
0:17 1 Choose a Name
2:07 2 Appoint a Registered Agent
3:42 3 File Articles of Organization
5:30 4 Create an Operating Agreement
6:22 5 Get an EIN
6:52 Post Formation Steps
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ð¯ *Key Topics Covered*
⢠Choosing a Name (0:17)
Critical first step that requires careful consideration of Oklahoma's naming rules. The name must include "Limited Liability Company," "LLC," or approved variations, and must be distinguishable from existing businesses. A 60-day name reservation is available for $10, and the video recommends securing a domain name early even if not immediately needed.
⢠Appointing a Registered Agent (2:07)
Explains the role of a registered agent in Oklahoma, who must have a physical street address in the state. While you can be your own agent, the video recommends using a commercial service (around $10/month) for privacy and convenience. Special mention of Northwest's services with one year free agent service through their partnership.
⢠Filing Articles of Organization (3:42)
Details the process of filing with the Oklahoma Secretary of State, including three filing options: online, mail, or in-person. The base filing fee is $100, with additional charges for in-person filing ($25) or credit card payments (4% service charge). Includes specific form numbers and filing requirements for both domestic and foreign LLCs.
⢠Creating an Operating Agreement (5:30)
Though not legally required in Oklahoma, this crucial document outlines ownership structure and governance. Important for banking relationships and preventing internal conflicts. The video offers access to a free operating agreement template and business plan generator through their resources.
⢠Obtaining an EIN (6:22)
Explains the process of getting a federal tax ID number (EIN) through the IRS. This free process takes approximately 10 minutes and is essential for banking, taxes, and hiring employees.
⢠Post-Formation Requirements (6:52)
Covers ongoing obligations including annual certificate filing ($25), maintaining separate business accounts, building business credit, and considering business insurance. Emphasizes the importance of avoiding commingling of personal and business assets to maintain liability protection.
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Other Resources:
ð¥ *Get Free, Powerful Business Toolsâsign up now for TRUiCâs Business Center*
https://business.truic.com/
Get an EIN
https://www.youtube.com/watch?v=X_oYdOcnXho
Important Steps AFTER forming an LLC
https://howtostartanllc.com/after-forming-llc
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