1. Pick a company name: You must select a name that is not currently in use before you can register your company name. By completing a name search on the Oklahoma Secretary of State website, you can find out if a business name is already taken in Oklahoma. You can continue the registration process if the name is available.
2. Choose a business structure: The next step is to choose your company’s legal structure. The sole proprietorship, partnership, limited liability company, and corporation are the most prevalent business structure forms in Oklahoma. You should select the structure that best meets your demands because each structure has advantages and cons of its own.
3. Submit the required papers: After deciding on a company name and organizational structure, you must submit the required paperwork to the Oklahoma Secretary of State. Depending on the type of business structure you have selected, specific papers may be needed. For instance, you must file Articles of Organization if you are creating an LLC. Articles of Incorporation must be filed if you’re creating a corporation.
4. Obtain a tax identification number: The Internal Revenue Service (IRS) will issue you a tax identification number once you have registered your business name. Also known as an Employer Identification Number (EIN), this number. EIN applications can be submitted online or by mail. An EIN can be obtained in Oklahoma without paying a fee.
You can perform a name search on the Oklahoma Secretary of State website to see if a business name is already in use in Oklahoma. If the name is available or if it is already in use, the name search will let you know. To avoid any potential legal concerns in the future, it is crucial to select a distinctive business name.
You must register your business with the state of Oklahoma if you intend to run a business there. Depending on the sort of business structure you have selected, the registration procedure differs. If you want to make sure that your company is acknowledged legally in the state, it’s crucial to follow the correct registration requirements.
In Oklahoma, a tax ID number, commonly known as an employer identification number (EIN), can be acquired without paying a charge. EIN applications can be submitted online or by mail.
While sole proprietorships are exempt from state registration requirements, they must still get all essential licenses and permissions in order to conduct business legally. In order to create a distinct business identity and safeguard your personal assets, it is also advised to register a DBA (Doing Business As) name.