Overview Of Setting Up Articles Of Organization In Oklahoma

Will you be setting up an LLC soon for your business? If you are in Oklahoma, you may want to consider getting this done as soon as possible. The protection that it provides, as well as the tax benefits, is why people do this. It allows them to have a buffer between them and other people that may want to see their company and come after their personal assets. Setting up your limited liability company begins with submitting what is called the Articles of Organization which is a document that is easy to fill out, but you have to have a few things done prior to starting. This goes over the process to show you what needs to be accomplished if you want to have an LLC in Oklahoma.

 

Prerequisites To Filling Out The Articles Of Organization

The first thing that you will need to do is find the name of your company available. For example, if you want to name your LLC the same as your business, you need to make sure it has not been registered by someone else. In the state of Oklahoma, you would go to the official Oklahoma Secretary of State website. Once there, you could do your search and then reserve that name for yourself. The next step would be finding a registered agent which is a person or business that can act on your behalf as the recipient of all of your legal mail. Finally, once that is done, you must gather all of the permits and licenses that you need, plus have a physical place of business, before you fill out the Articles of Organization.

 

Articles Of Organization Oklahoma

 

What Do The Articles Of Organization Document Require?

At the top, you are going to enter the name of your LLC. This is the one that you have just registered for. You will then want to put the principal place of business, essentially where your main place or office for conducting your business is going to be. Next on the list will your email address, followed by how long you are going to have the LLC in place. If there are any representatives, managers, or members, they must sign the document. The final step of the process is to submit it by mail, or by going to the webpage for this purpose. Simply go to the Entity Filing section of the Oklahoma Secretary of State website, and submitted there with a $100 filing fee.

 

One Other Document You May Want To Do

This is a document that is also not required in other states where you can set up an LLC. This is called the Operating Agreement. It’s going to list all of the people that are involved with your LLC, what their rights are, what their obligations will be, and with the rules are within the context of the limited liability company. You don’t file this document, and you will want to keep it with you, as it could serve you later as a way of showing that your limited liability company is a separate entity. It is useful when battling someone in courts, specifically those that have been instructed to get your personal assets, something that’s not possible with your LLC in place.

 

Why This Is Something You May Want To Hire Someone For

Initially, it may seem to be a very simple process. Filling out these forms, registering your business name, and finding a registered agent could be done by most people. However, if you haven’t done this before, or you don’t have the time to do it, it’s better to work with a business that can handle all of this for you. They will even do the submission for you, and once this is done, you will then have to wait up to 10 business days for this to be approved. It could happen in as little as two business days, depending upon the volume of requests for the creation of LLCs in Oklahoma.

Oklahoma is a wonderful place to start and operate a business. However, just like any other stage, you can always face legal jeopardy. Losing your assets is something that could compromise your ability to move forward. That’s why LLCs are so valuable to most people. In this state, this is one of the easiest places to set one up, as well as one of the most cost-effective places to do so. If you don’t want to do this on your own, the money that you are saving with the low cost of setting up an LLC can be passed on to professionals that will be able to do this for you. By doing a little bit of research, you can easily find a reliable business in Oklahoma, or one that serves the people of Oklahoma, that needs to have their limited liability company created.

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