How Much Does an LLC Cost in Oklahoma? (2024 Filing Fees)

Starting an LLC in Oklahoma comes with a few key costs.

First, there’s a one-time $100 fee to file the Articles of Organization, plus an annual $25 fee to keep your LLC in good standing.

But it doesn’t stop there.

You might need to budget for registered agent services, choose your LLC name, or get the necessary operating licenses. Depending on your business type, you could face local license fees or certain taxes that must be accounted for.

Ready to explore the rest of the details? Let’s dive in!

How Much Does an LLC Cost in Oklahoma?

Starting an LLC in Oklahoma has several costs. Here’s a breakdown of the main fees you should expect:

• State Filing Fee: $100
  This is the fee for filing the Articles of Organization with the Oklahoma Secretary of State.
• Annual Fee: $25
  Your LLC must pay this fee each year.
• Registered Agent Fee: Around $100-$300
  This fee is for appointing a registered agent who can receive legal documents on behalf of your LLC.
• Certificate of Good Standing: $20
  This document verifies that your LLC is properly registered and allowed to operate.
• Doing Business As (DBA): $25
  If you wish to operate under a different name, registering a DBA may cost $25.
• Business Licenses: $20
  You can apply for an Oklahoma Sales and Use permit online through the Oklahoma Tax Access Point (OKTAP) website. To apply, you’ll need to create an account. The permit costs $20, plus any credit card processing fees, and lasts three years. After that, you’ll need to renew it.
• Taxes: Varies
  Your LLC may be subject to state and local taxes based on its revenue.

LLC Costs in Oklahoma (Formation Fees)

Here’s a breakdown of the key items and their associated fees for forming an LLC in Oklahoma:

Oklahoma LLC Requirements	Cost
LLC Business Name Search	$0
Articles of Organization	$100
Operating Agreement (optional)	$0 (with Northwest)
EIN Number	$0 (free from IRS)
Annual Certificate	$25/annually
LLC Name Reservation Fee (optional)	$10
Oklahoma Certificate of Good Standing (optional)	$20
Foreign LLC Registration (optional)	$300
Fictitious Name (DBA) (optional)	$25
Taxes	Varies
State Business License Fees	$20
Registered Agent Services (optional)	$0-$125 (Northwest)
LLC Formation Services (optional)	$39
Total LLC Costs in Oklahoma	$125 – $664

Total LLC costs in Oklahoma range from $125 to $664. If you do everything yourself and skip the optional extras, you might only spend around $125. However, if you decide to pay for additional services and requirements, your costs could go up to between $300 and $664.

The first mandatory expense is the $100 fee for filing the Articles of Organization, which is essential for officially establishing your LLC. You will also need to budget for the annual certificate, which costs $25 annually.

Now, let’s discuss the optional costs.

Additionally, conducting an LLC business name search is free, and obtaining an Employer Identification Number (EIN) is free from the IRS. An Operating Agreement is recommended but can be obtained at no cost using services like Northwest. Reserving your LLC name will typically cost $10.

You may also want an Oklahoma Certificate of Good Standing, which costs $20. Registering a foreign LLC in Oklahoma incurs a fee of $300. Operating under a different name (DBA) costs $25.

Regarding registered agent services, you can either act as your agent at no cost or hire a professional service, which typically ranges from $100 to $300.

Oklahoma LLC Business Name Search Cost ($0)

When starting an LLC in Oklahoma, checking the availability of your business name is an important step. You can conduct this search for free, which makes it budget-friendly for new entrepreneurs.

The Oklahoma Secretary of State provides an online database. You can access it to search for existing business names and ensure your desired name has not already been taken.

To perform the name search, visit the Oklahoma Business Entities Search page. There, you can enter your proposed name. The search will show if it’s available or if another entity already uses it.

Oklahoma Articles of Organization ($100)

To start an LLC in Oklahoma, you must file the Articles of Organization. This document is essential for legally creating your LLC. The state charges a one-time fee of $100 for this process.

You will submit your Articles of Organization to the Oklahoma Secretary of State. Once they approve your filing, your LLC will officially exist.

The Oklahoma LLC processing time varies by filing method. Online filing takes 2-3 business days, while mail-in filing takes 2-4 weeks for approval.

When you fill out the Articles of Organization, ensure you provide accurate information about your business. You must include the LLC’s name, address, and registered agent’s name.

After submitting the document and paying the fee, you will receive confirmation of your LLC’s formation. From there, you are set to begin operating your business in Oklahoma.

LLC Operating Agreement Cost in Oklahoma ($0 with Northwest)

The Operating Agreement is one important document when starting your LLC in Oklahoma. This document outlines how your LLC will operate and details the roles of its members.

You might think hiring someone to draft this document can be expensive. However, you can create your Operating Agreement for free if you choose Northwest Registered Agent. They provide a free template to help you get started.

Here are some key points about the Operating Agreement:

• Importance: It sets the rules for how your business will run and helps prevent member disputes.
• Flexibility: The agreement can be tailored to fit your specific needs.
• Legal Protection: An Operating Agreement can protect your LLC’s limited liability status.

While creating an Operating Agreement might seem like an extra expense, it can save you money and trouble in the long run. Plus, using Northwest to set it up means you don’t have to worry about incurring costs.

Registered Agent Fee ($0-$300/year)

When you start an LLC in Oklahoma, you need a registered agent. This person or service receives important documents for your business.

You have options for handling this. If you decide to act as your registered agent, there is no fee. You just need to provide your name and address.

If you prefer a professional Oklahoma registered agent service, costs typically range from $100 to $300 per year. For example, LegalZoom charges about $249 annually, and ZenBusiness offers services for $199 annually. These services are convenient and can help protect your privacy.

One notable option is Northwest Registered Agent. If you use them to form your LLC, you can get the first year of their service for free. After that, their fee is $125 per year, which is competitive in the market.

EIN Cost in Oklahoma ($0 from the IRS website)

Getting an Employer Identification Number (EIN) in Oklahoma is free. You can apply directly through the IRS website.

When you request your EIN, be prepared to provide basic information about your business, including your name, address, and structure.

You can apply online, by phone, or by mailing a form. Make sure the person making the call is authorized to receive the EIN.

An EIN is essential for opening a business bank account and filing taxes. Since it is free, you should apply when you form your LLC.

Oklahoma Annual Report ($25 /annually)

In Oklahoma, every LLC must file an annual report, known as the Annual Certificate. To maintain your LLC’s good standing, you pay a fee of $25 each year.

You must submit this report by the anniversary date of your LLC’s formation. It is essential to keep track of this date to avoid penalties.

The report requires basic information about your LLC, such as:

• The name of the LLC
• The principal place of business address

If you fail to file on time, you may face fines or even administrative dissolution of your LLC. Make it a priority to complete this task annually.

LLC Name Reservation Fee in Oklahoma ($10)

You may want to reserve your business name when starting an LLC in Oklahoma. This helps ensure no one else can use it while you complete your formation process. The fee to reserve your LLC name is $10.

To reserve a name, you must submit a request to the Oklahoma Secretary of State. You can do this online or by mail. It is a good idea to check for name availability before submitting your request.

If your name is unavailable, you must choose a different one. Make sure your chosen name meets Oklahoma’s guidelines. It must be unique and not too similar to existing businesses.

Reserving your name is not required but can provide peace of mind. This small fee can save you from potential issues later. Reserving the name might be a smart move if you plan to file for your LLC soon.

Fictitious Name/DBA Cost in Oklahoma ($25)

In Oklahoma, if you want to operate your business under a name different from your legal business name, you must file a “Doing Business As” (DBA) name. The cost to register a DBA in Oklahoma is $25.

You have two options for filing your DBA.

You can do it online through the Oklahoma Secretary of State’s website. This method is quick and efficient. Alternatively, you can file the Trade Name Report by mail.

To do this, you must download the form, complete it, and send it to the Secretary of State.

When you apply for a DBA, you must provide certain information. This includes the new DBA name, your business address, a description of what you do, your legal name, and your business entity type.

Oklahoma Certificate of Good Standing ($20)

You need an Oklahoma Certificate of Good Standing to keep your LLC compliant in Oklahoma. This document confirms that your business is in good standing and following state laws.

This certificate can be obtained for a fee of $20. It’s often necessary if you want to operate your LLC in other states or apply for certain permits.

The process of ordering your certificate is straightforward. You can request it online through the Oklahoma Secretary of State’s website or file by mail.

Ensure your LLC is current with all required filings, as failing to do so may affect your ability to get this certificate. Keeping track of your business’s standing is crucial to avoid any interruptions in your operations.

Oklahoma Foreign LLC Registration Fee ($300)

There is a registration fee if you plan to operate a foreign LLC in Oklahoma.

The cost to register your foreign LLC is $300. This fee applies when you submit your Application for Registration of Foreign Limited Liability Company to the Oklahoma Secretary of State.

You have several options for submitting your application. The registration fee remains $300 if you mail or fax it.

If you prefer to file online, be aware that the total cost will increase slightly. A $12 credit card processing fee will be added to the $300 registration fee, totaling $312.

Oklahoma State Business License Fee ($20)

You’ll need a Sales and Use Tax Permit if your LLC sells products in Oklahoma. This permit allows you to collect sales tax from your customers.

To apply for the permit, visit the Oklahoma Tax Access Point (OKTAP) online. You’ll create an account to get started. The fee for the permit is $20. If you use a credit card, there may be additional processing fees.

Once you have the permit, it is valid for three years. After that, you must renew it to keep your business compliant.

For those who prefer in-person applications, you can register at the Oklahoma Tax Commission offices in Tulsa or Oklahoma City.

Keep in mind that Oklahoma has other state licenses for specific industries. For example, businesses involved in food service require a health license, which costs $425.

Oklahoma LLC Taxes (varies)

In Oklahoma, LLCs are usually taxed as pass-through entities. This means that the income and losses go directly to the members. You will pay the state’s graduated personal income tax rate, which ranges from 0.25% to 4.75%.

In addition to state income tax, there’s a 4% Pass-Through Entity Tax on your LLC’s income. Members are also responsible for federal self-employment taxes, totaling 15.3%. This includes 12.4% for Social Security and 2.9% for Medicare.

If your LLC chooses to be taxed as a C-corporation, you will pay Oklahoma’s corporate income tax rate of 4%. Local sales tax can reach up to 7%, depending on location.

You may encounter various other taxes as well. Here’s a list of potential taxes you might face:

• Federal taxes
• State and local income taxes
• Business taxes
• Franchise tax
• Sales and use tax
• Payroll tax (if you have employees)
• Property tax (if your LLC owns the property)

The exact taxes you need to pay depend on your specific business activities and industry.

Oklahoma LLC reinstatement fee ($50)

If your LLC in Oklahoma needs reinstating, be prepared to pay a $50 filing fee. This fee is required when you apply for reinstatement to the Secretary of State.

Reinstatement usually applies if your LLC has become inactive due to failing to file necessary reports or pay taxes. You must follow specific steps to get your LLC back in good standing.

Oklahoma LLC dissolution fee ($50)

Dissolving your LLC in Oklahoma involves a $50 filing fee. This is a straightforward cost you pay to the Oklahoma Secretary of State to close your business officially.

To start the process, you need to file the Articles of Dissolution. This document indicates that your LLC is no longer in operation. You can submit it by mail or file it online.

If you choose to mail your documents, send them to:

Oklahoma Secretary of State
421 N.W. 13th Suite 210
Oklahoma City, OK 73103

In addition to the standard fee, you can pay an extra $25 for expedited processing. This can speed up the time it takes for the state to process your dissolution request.

When you complete the Articles of Dissolution, ensure you have all the details ready. This will help ensure a smooth process.

Oklahoma LLC Change of Registered Agent fee ($35)

Changing your registered agent in Oklahoma is an important task for your LLC. The fee for this process is $35 if you complete it online. If you choose to do it by mail, it costs $25.

Your registered agent is the person or business responsible for receiving legal documents on behalf of your LLC. You might need to change them for several reasons, like relocating your business or if your current agent is no longer eligible.

Making this change is straightforward. Just fill out the necessary paperwork and submit it with your payment. Keeping your registered agent updated helps you stay compliant with state laws.

What is the Cheapest Way to Start Oklahoma LLC?

Starting an LLC in Oklahoma can be done differently, and the costs vary. The main expenses include filing fees, registered agent fees, and optional services.

The base cost to file your Articles of Organization is $100. This fee is mandatory and applies to anyone forming an LLC in Oklahoma. To save money, you can manage this process yourself online.

Choosing a registered agent is another requirement. If you act as your registered agent, you can avoid the $40 annual fee of hiring one. This option allows for minimal spending.

Additionally, reserving your LLC name costs $10 but is optional. Skipping this can help keep your initial costs down.

An online service package like Northwest Registered Agent can be attractive for the budget-conscious. They offer package deals for $0 plus state fees, which is cost-effective.

The self-service route is usually the cheapest way to start your LLC in Oklahoma. Just be prepared to handle paperwork and stay organized to avoid issues.

Should You Use an LLC Formation Service in Oklahoma?

Using an LLC formation service in Oklahoma can offer you several benefits. First, many services, like Northwest Registered Agent, simplify the process.

They handle paperwork and ensure you meet state requirements. This saves you time and reduces the risk of making mistakes.

• Privacy protection: Your personal information stays private, keeping your name off public records and helping you maintain a lower profile.
• Peace of mind: Experts help you stay compliant by reminding you of important deadlines and filing requirements, reducing the risk of costly penalties.
• Expert support: You get free access to LLC formation experts and attorneys who provide tailored advice and make the process less stressful.

Using an LLC formation service might be the right move for you to avoid headaches related to paperwork and compliance.

Frequently Asked Questions

How much does it cost to have an LLC in Oklahoma?

The initial cost for forming an LLC is $100 for filing the Articles of Organization. An annual fee of $25 keeps your LLC in good standing.

Is Oklahoma a good state to form an LLC?

Oklahoma offers a business-friendly environment with lower fees compared to many states. Its laws provide flexibility for owners, making it a suitable choice for forming an LLC.

How much does it cost to reinstate an LLC in Oklahoma?

If your LLC is dissolved or inactive, reinstating it costs $50. You may also need to pay any outstanding fees or penalties.

How much does it cost to dissolve an LLC in Oklahoma?

You must file the necessary paperwork to dissolve your LLC in Oklahoma and pay a $50 fee. Ensure all other obligations are settled before dissolution.

Do I need to hire an attorney to form an LLC in Oklahoma?

You do not need to hire an attorney to form an LLC; you can complete the process yourself. However, consulting an attorney may help clarify legal requirements and protect your interests.

Should I hire an LLC formation service in Oklahoma?

Hiring a formation service can simplify the process and help you meet all requirements. While it’s an added cost, it may save you time and potential errors.

Are there penalties for paying my fees late in Oklahoma?

Yes, late fee payments can result in penalties. Your LLC’s status may also be affected, leading to possible dissolution.

What happens if I do not file my Oklahoma LLC annual report?

Failure to file your annual report can result in the administrative dissolution of your LLC. Complying with filing requirements is important to maintain good standing.