Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Oklahoma incorporation.
The name must contain either the word or an abbreviation of (when applicable) "Corporation," "Company," "Incorporated," "Limited," "Association," "Club," "Foundation," "Fund," "Institute," "Society," "Union" or "Syndicate." The name must be distinguishable from that of any other corporation, limited partnership, trade name, fictitious name, reserved name, limited liability company, limited partnership or any limited liability company name filed with the Secretary of State.
The following are Oklahoma’s requirements for directors of corporations:
The document required to form a corporation in Oklahoma is called the Certificate of Incorporation. The information required in the formation document varies by state. Oklahoma's requirements include:
Some states require additional filings or steps at the time of incorporation, such as a county level filing, publishing notice of the incorporation in a local newspaper or an initial report filing. Oklahoma requires the following:
Oklahoma allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).
After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Oklahoma corporations.
Oklahoma corporations must keep the following items with their corporate records at the principal location:
The following are taxation requirements and ongoing fees for Oklahoma corporations:
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
Oklahoma recognizes the federal S corporation election and does not require a state-level S corporation election.
The state in which you form your company can provide certain benefits.
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