Skip to content
Navigation

702-871-8678

News

Oklahoma Annual Report

Date: 07/06/2015 | Category: | Author: Jakub Vele

Annual Reports for Oklahoma Corporations & LLCs

Corporations are not required to file an annual report. However, LLCs are required to file an annual report which is due in the anniversary month of every year. The fee is $25.

If you need help, we can file the annual report for you. Our fee is only $15. To order our service, please click on the following link:

Order Oklahoma Annual Report Service

Additional Services

Date: | Category: | Author: Jakub Vele

Oklahoma Additional Services

TAX ID (Employment Identification Number - EIN) - FREE

Self-Service: Obtaining a Tax ID number doesn’t cost any money. You can apply by phone, fax or mail. You can also call toll free at (800) 829 4933 and get EIN instantly over the phone. If you apply by fax, it takes about 4-5 business days. If you apply by mail, it takes about 3-4 weeks. Please find information about Tax ID – EIN here.

Full Service: Do you need assistance with obtaining a tax ID? We can help prepare the form and obtain the tax ID for $45. Order here Tax ID.

S CORPORATION STATUS ELECTION

What is “S Corporation”?: An “S Corporation” is a corporation that elects to be taxed under Subchapter S of the Internal Revenue Code and receives IRS approval of its request for Subchapter S status. As a legal entity (an artificial person), the S corporation is separate and distinct from the corporation’s owners (the stockholders). Under Nevada incorporation law, there is no distinction between a C corporation and an S corporation. The incorporation process is the same. However, the two type of corporate entities are subject to differing federal and state tax treatment. Our cost is $45. Order S Corporation filing here.

CORPORATE KITS

Corporate kits start at only $82.50. LLC and INC. Click here to order corporate/LLC kits for any U.S. state.

FINCEN BENEFICIAL OWNERSHIP INFORMATION REPORTING

We can help you submit the filing with FinCEN for your company. Companies formed in 2024 have 90 days to file initial reports after receiving official notification of their creation. Companies existing before 2024 have a deadline of January 1, 2025, for their initial reports. Those established after 2025 will have 30 days to file initial reports after registration.

Let IncParadise efficiently and affordably handle your BOI reporting with FinCEN, allowing you to focus on running your business and avoid costly compliance mistakes.

OKLAHOMA CERTIFICATE OF GOOD STANDING

A certificate of good standing (certificate of existence) is a document issued by the Secretary of State certifying that your corporation does exist legally and that it is in good standing with the state. We can obtain one for you. The fee is $89 + state fee.

OKLAHOMA APOSTILLE

In 1981, the United States joined the 1961 Hague Convention abolishing the Requirement of Legalization for Foreign Public Documents. The Convention provides for the authentication of public (including notarized) documents to be used in countries that have joined the convention. Apostille of Articles of Incorporation or other document is issued by the Secretary of State. Price is $89 + state fee.

OKLAHOMA REINSTATEMENT OF CORPORATION/LLC

If your charter was revoked and you want reinstate the company, you have to pay all due fees and penalties and file appropriate annual reports.

Do you need somebody to handle reinstatement for you? Please contact us! We charge $89. We can find out how much money you owe for state fees.

OKLAHOMA AMENDMENTS OF ARTICLES

There are times when a business needs to change the information included in the Articles of Incorporation or Articles of Organization. To do this, you need to file an amendment with the Oklahoma Secretary of State. Some reasons a business may need to file an amendment are to change the company’s name, to expand or alter the company’s business purpose, or to change the number of authorized shares or par value (for corporations only).

Do you need somebody to handle the filing of amendment for you? Please contact us! We charge $89 + state fees. Pay by PayPal (our email address is paypal@https://incparadise.net).

FOREIGN QUALIFICATION (all U.S. states)

Registration of foreign company qualifying to conduct business in other states: If your company expects to transact business outside your state of formation, your company may be required to qualify as a “foreign corporation” or “foreign LLC.” We can file the necessary paperwork to qualify your business as a foreign corporation or LLC in any of the 50 states.

Do you need somebody to handle foreign qualification for you? Please contact us!

Read more information about Foreign Qualification here
Foreign qualification fees

U.S. ADDRESS FOR PERSONAL OR BUSINESS USE AND MAIL FORWARDING

Do you need U.S. street address as your mailing address. Mail is forwarded once a week. We offer mail forwarding service based in Las Vegas, NV.

There are two options:
$150 per year. $2.50 per mailout plus postage.
$99 per year. $5.50 per mailout plus postage.

To order mail forwarding, click here.

BUSINESS LICENSE REPORT

Business licenses are mandatory for every business in the USA to operate legally. You may require federal, state, local licenses, permits, and tax regulations for your business.

Obtaining business licenses and permits is a daunting and time-consuming process as it entirely depends on the business industry, location, etc. IncParadise makes the business license process easy for you by delivering a report that lists the required federal, state, local licenses, permits, and tax regulations. Our expert research team searches, identifies and verifies the local, state, and federal licenses and permit requirements for your business type and location. They then send you the report with a list of these business license requirements so that you can save yourself time and effort.

Order Business License Report

LOCAL VOICE MAIL AND FAX. FAX TO EMAIL.

We offer brand-new local voice mail or fax number. We will also issue you a password that will allow you to access the voice mail system in order to retrieve messages and/or set up your own customized greeting. Faxes can be forwarded to your email. Service available in OKLAHOMA: Oklahoma City. More details about local voice mail and fax services.

TOLL-FREE NUMBERS

We offer the best toll-free numbers on the market. Nationwide businesses, mid-sized and small businesses, and families can order toll-free 800 services and get a number that rings directly to your home or business. Redirect it to your fax machine or cell phone and back as you change locations. Track calls on the Internet in real time. Select an easily remembered vanity number for your business. You will get: custom routing, voice mail, inbound faxing, website account management, call recording, lead generation, vanity numbers, national toll-free database search and much more!

More information here.

FAQ

Date: | Category: | Author: Jakub Vele

Oklahoma Incorporation Frequently Asked Questions

Do I need to reserve a corporate name?

No, but it is recommended to reserve a name prior to filing to ensure that it remains available during the incorporation process.

How do I reserve a corporate name?

The reservation of your corporate name will be handled by IncParadise and is included in the price of our service.

Do I have to renew my name registration?

No.

How do I incorporate in Oklahoma?

When using our service, IncParadise will file, on your behalf, the required administrative forms and articles of incorporation with the appropriate Oklahoma agency.

Is a registered agent required?

Yes. The registered agent must maintain a business office that is identical to the registered office and open during regular business hours, and must be either: (1) an individual resident of Oklahoma, (2) the corporation itself or (3) a corporation, limited liability company or limited partnership with authority to transact business in the state. As part of our ongoing service, IncParadise does provide a registered agent service option that you can select during the online registration process.

How many Incorporators are required to form a corporation in Oklahoma?

One or more are required.

How many Directors are required to start a corporation in Oklahoma?

One or more as specified in the bylaws.

Are corporations in Oklahoma required to file an Annual Report?

Yes. A report must be filed each year either (1) between July 1 and August 31 or (2) by the corporation’s income tax return deadline, depending on the corporation’s election.

Didn’t find answer to your question? Email as at info@incparadise.com

Incorporate in Oklahoma

Date: 12/12/2018 | Category: | Author: Jakub Vele

Incorporate in Oklahoma

There are several key industries in Oklahoma which are not only making a positive impact on the economy and GDP but have also witnessed strong growth. There are several industries where incorporation in Oklahoma can help you reap long-term benefits. The Greater Oklahoma City is one of the regions that are home to one of the largest concentration of aviation or aerospace firms and this technology-intensive industry is playing a key role in decreasing unemployment numbers. Energy is another top industry with oil and natural gas generating a large share of the revenue for this industry. Oklahoma is also home to 70-plus data centers with giants like Google and IBM making the most of a highly skilled work force.

Why Choose Oklahoma for Incorporation?

Sometimes, known as the state of motivation and success, Oklahoma has created exactly the right environment for businesses. If you set up company in Oklahoma, you will be able to take advantage of some of the lowest tax rates and highly beneficial tax incentives. This is probably amongst the many reasons why small businesses have mushroomed in the state in recent times.

Now let’s take a look at some of the salient benefits that are responsible for fuelling growth of small businesses:

  • Enterprise Zones: The Oklahoma Department of Commerce has designated certain areas as “Enterprise Zones (EZ)” and these consist primarily of disadvantaged cities or counties. If you set up a company in Oklahoma enterprise zone then you can benefit from one of the most competitive business incentive packages in the state. Apart from this, if your business obtains ad valorem exemptions from a local taxing entity then it may be exempted for a period of six years. Financial support is also available in the form of low interest loans. Enterprise Zones Map
  • Business Expansion Incentive Program: The Business Expansion Incentive Program assists business entities that make investments in depreciable items like equipment, machinery, and buildings. As a part of this program, you will get annual cash payment awards, which will help your business grow and expand in Oklahoma.

How do you incorporate in Oklahoma?

What is the process of company incorporation in Oklahoma? Do you require any specific documents? How can you submit or file these documents? These are some of the questions that you will be confronted with and hence the following steps will provide you with information on how incorporation works in Oklahoma:

Type of Business

What type of business would you like to form in Oklahoma? There are a variety of businesses you can form in the state of Oklahoma and these include Domestic and Foreign Business Corporations, Nonprofit Corporations, Limited Partnerships, and Domestic and Foreign Limited Liability Companies among others. If you are planning to incorporate a company in Oklahoma or form an LLC then it is important to first identify the type of business you want to set up.

Business Entity Name

What is the next step towards incorporation in Oklahoma? The next step is to identify and reserve a name and this can be done as follows:

  1. Naming Requirements: The naming requirements in the state of Oklahoma are governed by 18 OK Stat § 18-2009 (2014) for an LLC and 18 OK Stat § 18-1139 (2014) for a Corporation. The name of each limited liability company must contain words like “Limited Liability Company” or abbreviations like “L.L.C.” or “LLC”. A corporate name must contain words like “corporation”, or “incorporated” or abbreviations like “corp.” or “inc.
  2. Business name search: You need to search for a business name that is not in use currently. You can conduct a name search here.
  3. Name Reservation: Once you have identified a business entity name, you can reserve the name with the Secretary of State for a period of 60 days. Business Name Reservation
  4. Name Registration: If you are a foreign entity planning to set up a company in Oklahoma then you will be required to register your business name with the Secretary of State if your existing legal name is prohibited by Title 18, Section 2008 of the Oklahoma Statutes. Foreign Name Registration

Choose a Registered Agent

Each Business or Professional Corporation and Limited Liability Company in the state of Oklahoma is required to maintain a registered agent pursuant to 18 OK Stat § 18-2010 (2014) for an LLC and 18 OK Stat § 18-1022 (2014) for Corporations.

We are one of the respected registered agents in Oklahoma and will be responsible initiating company incorporation in Oklahoma through the processing of all your documents including “Articles of Organization” and “Certificate of Incorporation” for domestic business entities and “Application for Registration” and “Certificate for Qualification” for foreign entities.

Certificate of Incorporation and Certificate of Qualification

If you are planning to form a domestic corporation (For profit), then you will have to file “Certificate of Incorporation” pursuant to 18 OK Stat § 18-437.18 (2014). If you are planning a foreign business incorporation in Oklahoma then you will be required to file a “Certificate of Qualification” pursuant to 18 OK Stat § 18-437.23 (2014). In order to streamline the process we can file documents on your behalf through the online process or through an expedited process.

Date Stamped Copies

As part of the process of company incorporation in Oklahoma, we will ensure, you receive date-stamped and filed copies that verifies that the state has filed as well as formed your corporation.

Costs and Fees associated with Oklahoma Incorporation

What would it cost to set up company in Oklahoma? Check Fees here!

Order LLC now  Order INC now

Advantages of Incorporating a Business in Oklahoma

Date: 12/14/2018 | Category: | Author: Jakub Vele

Advantages of Incorporating a Business in Oklahoma

What has led to the steady increase in numbers of small businesses and start-up companies in Oklahoma? There are several reasons but the most obvious is that the state has a strong pro-business climate. The state was ranked #11 in 2014 for cities with “Top Business Climate”.

The highly competitive climate is due to a variety of factors including business friendly regulations and taxes, low cost of skilled labor and supportive legal climate. The policies and strategies of “The Sooner State” are aimed at encouraging businesses growth, expansion, and overall development. The state also has the 7th lowest ratio of primary state debt to state personal income.

Do you want to benefit from some of the most innovative incentive programs?

Setting up an LLC or Corporation – Advantages

There are a variety of small businesses or start-up campanies Oklahoma you can choose from including an LLC or a Corporation. What are the benefits of a corporation or LLC in this state? Let’s look at the advantages of the most common forms of formal associations:

Advantage#1: Salient benefits of Corporation or LLC formation

Corporation

  • Incentives for Businesses: There are a variety of incentives offered to businesses in order to encourage economic development. If you register a new company in Oklahoma, you can benefit from:
    – Cash Incentives: This is a direct form of business incentive that is provided in the form of program like the “Quality Jobs Program”. The aim of the programs is to provide quarterly cash payments to qualifying companies.
    – Credit Programs: This type of program is intended to reduce the tax burden on corporations and small businesses.
    – Exemptions: These are incentive programs where a business can receive tax exemption on income, property and sales tax.
  • Independent Life: If you register a new business in Oklahoma as an S Corporation then the most important advantage is that it will enjoy an independent life. The business entity will continue operation undisturbed even if it faces the death of one of its stockholders.
  • Change in Ownership: If you have formed an S Corporation in Oklahoma then sale, purchase, as well as gifting of stock can facilitate changes in ownership. The changes can take place without disturbing the ability of the corporation to conduct its business.

LLC

  • Oklahoma Tax Credit Programs: If you register a new company in Oklahoma as an LLC then there are a variety of tax credit programs that you can benefit from. These include popular programs like:
    – New Markets Tax Credit Program: This is a federal program where your small business can benefit from tax credit incentives on equity investments made in a certified Community Development Entity (CDE).
    – Small Employer Quality Jobs Program: This type of program is targeted at those who register a new business in Oklahoma. The program provides quarterly cash rebates of a maximum of 5% on new payroll. You can benefit from this rebate for a period of 7 years.
    – New Jobs Tax Credits: This is a tax credit program aimed at growing manufacturers and provides tax credit on employment of full-time employees and on investment in depreciable property.
  • Limited Liability: The owner of an Oklahoma LLC will be able to enjoy limited liability protection, which means creditors can sue the LLC but not the owner or investors.

Advantage#2: Business Incentive Programs

Every small business or start-up needs support in the form of financial incentives and funds. The state of Oklahoma has dedicated programs that are aimed at facilitating growth and expansion of small and medium sized enterprises (SME’s). Let’s take a look at some of the top programs for a start-up companies in Oklahoma:

  • Oklahoma Enterprise Zones: The Oklahoma enterprise zone is an unincorporated area of a city or county that has the lowest 25 percent of per-capita personal income or 30 percent of the population lives below poverty. In order to benefit from the various tax incentives and business benefits in an enterprise zone, you will have to register a new business in Oklahoma. The business incentives under this program are governed by the Oklahoma Local Development and Enterprise Zone Incentive Leverage Act. Map
  • Oklahoma Quality Jobs Program: Whether you form an LLC or a corporation in Oklahoma, you can definitely benefit from the quality jobs program. The different sub-programs that can be categorized under this parent program include:
    – 10 Year Cash Incentive: A start-up company in Oklahoma can receive quarterly cash payments on 5% of total payroll for a period of ten years.
    – High Impact Program: The payout will be 2.5 percent of the taxable wages for a period of 6 years.
    – Small Employer Program: A business can receive almost 5% cash-back incentive for a period of 7 years.
    Check Program Guidelines

Are there any Disadvantages of Incorporating in Oklahoma?

If you are wondering if there are any disadvantages if you register a new company in Oklahoma then it is important to know that every state has its own advantages and disadvantages. Similarly, every business also has its own advantages and disadvantages or pros and cons. The disadvantages in the state of Oklahoma are specific to the type of business entity you form. For example, a limited liability company has “Limited Life” while the process of incorporation takes more time than other forms of organization.

Order LLC now  Order INC now

Oklahoma Business License

Date: 12/17/2018 | Category: | Author: Jakub Vele

Oklahoma Business License

Business registration in Oklahoma follows a specific a process but what do you do next after your business has been registered? The next step is to identify whether your company, corporation, LLC, or partnership firm requires a business license to operate in the state. Some businesses may require licenses while others may require permits. It is important to know however that not every business entity in the state needs a license. General business licenses in the state are issued for the following types of businesses or sectors:

  • Retail
  • Construction
  • Wholesale
  • Restaurants and bars
  • Transportation services
  • Advertising
  • Consumer credit services
  • Pawnbroker

Check the Oklahoma Business License List

Oklahoma Business License Requirements

Some businesses require statewide business licenses while others have to apply for a license issued by the city or county within which the business is situated or planning to operate from. Who issues the licenses? Which business entities require a license and which require permits? What are the requirements for obtaining a business license in Oklahoma? These are important questions and hence we have created a guide to provide relevant information regarding the same.

Here is a step-by-step approach towards acquiring a business license in the state of Oklahoma.

Step#1: The Industry or Business Type

How would you know what type of business or professional license is required to operate in Oklahoma? The type of industry or the activities of a business entity helps in identifying the type of business license required. It is important to know that different types of licenses and permits are issued by different state agencies.

Let’s look at an example to understand this well.

  • Airport or Heliport Business – You will require a business license and it will be issued by the Federal Aviation Administration (FAA). The fee is dependent on the following services:
    – Public heliport or airport license: $50
    – Private heliport or airport license: $30
    Sample Application
  • Food Service Establishment – You will require a license. Food establishment refers to a permanent, temporary, or mobile establishment where food is served, or is prepared or stored for retail sale. The fee will vary according to the type of food establishment. For example, the fee for a Food Service Establishment Class A, B, or C with 10 or less employees is $50 while those with 25 or more employees is $100. There will also be additional fees if there is a frozen dessert plant ($150).
    The inspection is conducted by the Oklahoma City County Health Department (OCCHD) and once approved business license in Oklahoma is issued by the Oklahoma Tax Commission (OTC).
    Sample Application

Step#2: Licenses issued by City/County

If your business or industry type doesn’t fall under a statewide license then you will have to check with the local city or county office. A business license in Oklahoma can also be issued by local counties or cities in which the business is located. Let’s look at an example to understand this.

If you were to establish a hotel business in the City of Tulsa then you will require an Oklahoma company license from the City of Tulsa Finance Department pursuant to Title 21, Chapter 16 of the Tulsa Revised Ordinances (Hotel Licensing). The fee schedule is pro-rated for initial issuance and there is an additional processing fee as well. The license fee is different for different months. For instance, the fee for January is $75 while that of December is $18.75.

Download Hotel License Application

Some of the other licenses issued to businesses in the City of Tulsa include Mobile Vendor or Outdoor Seller, Pawnbroker, Recreation Center including Youth Recreation Facility and Family Recreation Center, Sexually Oriented Businesses, Taxi and Para-Transit Service including horse-drawn carriages and Physically limited transport.

Step#3: Issuance of a Business License

How is a business license in Oklahoma issued? You have to identify the following to complete the process:

  1. The type of business or industry
  2. Do you need a license or a permit?
  3. Will it be issued by the state or the county?

Once you have identified the above, all you need to do is either download the application online or contact the concerned state department or city of clerk office.

It is important to note that a business license or permit will have to be renewed annually unless specific dates have been mentioned, to keep the business operational.

Order LLC now  Order INC now