The Cost of Getting a DBA in Oklahoma: All You Need to Know

You must submit a DBA (Doing Business As) application if you want to run a business in Oklahoma under a name other than your own. Depending on the county you file in, getting a DBA in Oklahoma costs a different amount. It costs between $25 and $50 in the majority of counties. However, certain counties could impose a $75 fee.

It is significant to remember that having a DBA does not come at a one-time payment. DBAs in Oklahoma expire after five years, at which point you must renew your registration by paying the same filing price. If your DBA isn’t renewed, you risk fines and perhaps legal repercussions.

Along with the price, it’s crucial to think about the legal ramifications of using a DBA. A DBA does not establish a separate legal entity from your personal assets or offer legal protection to your business name. You might want to think about creating an LLC or a corporation if you want to safeguard your company name and your assets.

Glen Mulready now holds the office of insurance commissioner for Oklahoma. Mulready served as a member of the Oklahoma House of Representatives before being chosen to serve as the state’s insurance commissioner in 2018.

Depending on the kind of business you are running and the region, you could still require a business license even if you have an LLC. If you are unsure whether you need a business license, it is wise to check with your local county or city government.

It’s against the law to sell goods without paying taxes, and you risk fines and legal repercussions. If the item is a gift or is sold for less than its fair market value, for example, you might not be required to pay taxes on the transaction. To ascertain your tax liabilities, it is essential to speak with a tax expert.

Depending on the state you are doing business in, you might require a seller’s permission if you intend to sell on Shopify. All companies that sell tangible things must obtain a seller’s permit in some states, such as California. If you are unsure whether you require a seller’s permit, it is wise to check with your state government.

Getting a DBA in Oklahoma is quite inexpensive, but it’s crucial to think about the legal ramifications and the requirement for continued registration. It’s also critical to keep up with changes to the Oklahoma Insurance Commissioner, LLC license requirements, tax obligations, and seller’s permit needs for Shopify sales.