How To Fill Out The Oklahoma Articles of Organization
Are you looking to form a Limited Liability Company (LLC) in Oklahoma? If so, you’ll need to file an Articles of Organization with the Secretary of State. Although creating an LLC takes some effort and planning, it can be an excellent way for business owners in Oklahoma to protect themselves from personal liability.
I’ll explain the basics of forming an LLC in Oklahoma by going over what is needed when submitting your Articles of Organization and answer some common questions people have when filling out this form.
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Steps To Fill Out The Oklahoma LLC Articles Of Organization
The Oklahoma Articles of Organization is the official document filed with the Oklahoma Secretary of State to establish a Limited Liability Company (LLC). After the filing is approved by the state, the business can officially begin operating and register for the necessary business licenses and permits.
To file the Oklahoma Articles of Organization, you will need to submit the completed SOS FORM 0074 LLC Articles of Organization form to the Oklahoma Secretary of State. The form can be completed and sent by mail or filed online.
Zenbusiness and IncFile are running a special where you only pay state fees for your LLC formation!
Let’s go over how to fill out the LLC Articles of Organization in Oklahoma. To get started, download Form 0074 or register an LLC on the Oklahoma Secretary of State’s website.
In this example, I’ll go over how to register for an LLC online.
Step 1: Pick a Name for the LLC
The first step in filling out the Oklahoma Operating Agreement is to pick a business name.
There are a couple of requirements when choosing an Oklahoma Limited Liability Company name.
1. The name of your LLC must not be too similar to the name of another business entity already registered with the state of Oklahoma. You can verify name availability by doing an Oklahoma LLC name search with the Oklahoma Secretary of State to be sure the LLC name is available.
2. The name of the LLC must include one of the following entity identifiers at the end of the business name:
– Limited Liability Company
– Limited Company
– L.L.C.
– LLC
– L.C.
– LC
Additionally, the word limited may be abbreviated as Ltd., and the word company may be abbreviated as Co.
Enter the LLC name, including the identifier, to continue. If you choose a name that is taken, the Secretary of State will show existing businesses with similar names, so be sure your name doesn’t match any of them.
Step 2: Choose the Effective Date
The effective date is like the “birthday” of the LLC.
You have the option of choosing the filing date, which is when the Secretary of State approves the paperwork. If you aren’t ready to file just yet, you can choose to have the effective date be up to 90 days after the date of filing, otherwise, select “Filing Date” and then click “Next.”
Step 3: Enter the Address of the Principal Place of Business
The address of the principal place of business is the primary address of the LLC. It may be, but is not required to be, the actual place of the business, or the main location where the business records are kept.
A physical address must be used for the principal place of business as P.O. Boxes are not acceptable.
There is also a field to enter an email address. This address will be used for sending the reminder for the annual certificate renewal. Be sure to use an email address that is frequently checked as you don’t want to miss this notice.
Step 4: Choose the LLC’s Duration
In this section, you can indicate how long the LLC intends to remain in existence. Most LLCs will choose a Perpetual duration; however, some businesses (usually investment-related) will have a specific closure date.
If you have a specific end date in mind, enter the future closure date and click “Non-Perpetual Duration. Otherwise, click “Perpetual.”
Step 5: Appoint a Registered Agent
One requirement to have an LLC in Oklahoma is to appoint an Oklahoma registered agent. The registered agent is a party that is located in the state of Oklahoma that will receive important notices and service of process (which means to accept papers that start a lawsuit) on behalf of the LLC. The address of the registered office must be a physical street address as a PO Box isn’t allowed.
Provided the LLC member lives in the state of Oklahoma, they may act as the registered agent or the agent can be any adult resident of the state (Select “Individual”) or registered agent service (Select “Business.”)
Enter the name and address of the registered agent and click “Next.”
Related: Should you be the registered agent?
Step 6: Upload Attachments
If there are additional items you wish to include regarding the formation of the LLC (not common), attach them in this section.
Step 7: Sign the Articles of Organization
In step 7, the person filling out the Articles of Organization will certify the information provided is correct. This person will add their digital signature and click “Next” to review.
Step 8: Review the Articles of Organization
Before submitting the Articles of Organization, you have another chance to review the information that was entered.
If it all looks correct, click “Continue.”
Step 9: Submit the Articles of Organization
Enter payment information and then submit the Articles of Organization to the Oklahoma Secretary of State.
This material is property of StartingYourBusiness.com
How much does it cost to form an LLC in Oklahoma?
The cost to file the Articles of Organization and form an LLC in Oklahoma is
$100.
How long does it take to get an LLC in Oklahoma?
It normally takes 1-2 business days when filing online or 3-4 weeks when filing by mail for the Oklahoma Secretary of State to process the LLC paperwork.
What is an Oklahoma registered agent?
The registered agent is a party that is physically located in the state of Oklahoma that will receive important notices and service of process (which means to accept papers that start a lawsuit) on behalf of the LLC.
All Oklahoma corporations and LLCs are required to have and maintain a registered agent.
Related: Who can be a Oklahoma registered agent?
Should I use an LLC formation service or do it myself?
Two of my top formation companies have a special offer where you can get your LLC formed without paying any additional fees (state fees still apply). Check out Zenbusiness and IncFile to learn more.
Does Oklahoma require an LLC to have an operating agreement?
Oklahoma Statute § 18-2012.2 states that an Oklahoma LLC Operating Agreement is optional. Despite the Operating Agreement not being required, it is recommended to have one as it can help to prevent disputes among members and protect the LLC’s legal status.
What business licenses are needed in Oklahoma?
The requirements for business licenses and registrations in Oklahoma vary depending on what the business does and where it’s located.
Here is a list of common business licenses in Oklahoma.
Do Oklahoma LLCs need an EIN?
Only Oklahoma LLCs that either have more than one member, will hire employees, or elect to be taxed as a partnership or corporation are required to get an Employer Identification Number (EIN).
The EIN or Employer Identification Number (also called a Federal Employer Identification Number or FEIN) is a unique 9-digit tax identification number that is assigned by the Internal Revenue Service (IRS).
If the LLC isn’t required to get an EIN (though you can still get one), the LLC will use the social security number of the business owner.
Related: How to Apply for an EIN
What is a Professional Limited Liability Company?
Businesses that require occupational licensing in Oklahoma, such as accountants, architects, veterinarians, etc., can form a Professional LLC (PLLC) instead of an LLC. Filing for a PLLC is very similar to that of an LLC.
What is a Foreign Limited Liability Company?
A foreign LLC isn’t a special type of LLC. Instead, it’s an LLC that was formed in another state (domestic LLC) but wants to physically operate in Oklahoma. Physically operating means having a presence, such as having an office or hiring an employee.
Related: What is the difference between a domestic Oklahoma LLC and a foreign LLC?
