Initial Fees and Licenses in Oklahoma

April 13, 2006

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If you're going to operate your business in Oklahoma, when you start up you're likely to incur filing fees and licensing fees depending on the type of business you run and your business form (corporation, sole proprietorship, partnership, or limited liability company (LLC)).

Corporations. If you're doing business as a domestic corporation (a corporation incorporated in Oklahoma), you will be subject to various fees when you start up. When filing articles of incorporation, you must pay a fee of 0.1 percent of the corporation's authorized capital stock with a minimum fee of $50. (Capital stock is the total amount of stock authorized for issue by a corporation.) If you have no par stock, it's valued at $50 per share. If you're filing an amendment increasing authorized capital the fee follows the preceding rate structure.

The following are the additional filing requirements and payments by domestic corporations to the Oklahoma Secretary of State:

Document	Fee
Amended certificates of incorporation	Minimum $50
Certificate of consolidation or merger	Minimum $50
Certificate of restatement or reorganization	Minimum $50
Certificate of revival or extension	$50
Certificate of dissolution	$50

If you're doing business as a foreign corporation (a corporation incorporated outside of Oklahoma), you will be subject to initial fees when you start up. When filing a certificate of authority to do business in the state, you must pay a fee of 0.1 percent of the corporation's maximum amount of capital invested in the state with a minimum fee of $300. (If you have no par stock, it's valued at $50 per share.) The following are the additional filing requirements and payments by foreign corporations to the Oklahoma Secretary of State:

Document	Fee
Amended certificate of qualification	$200
Certificate of consolidation or merger	Minimum $100
Withdrawal of corporation from doing business in the state	$100
Annual certificate	$10

Limited liability companies (LLCs). If your company is either a domestic or foreign limited liability company (LLC), you must file documents with the Oklahoma Secretary of State. If your company is a domestic LLC, you must deliver articles of organization along with a $100 fee to the Oklahoma Secretary of State. If your company is a foreign LLC, you must file the application for registration to transact business in Oklahoma along with a $300 fee to the Oklahoma Secretary of State. There are no annual registration fees.

Licenses and fees. Oklahoma requires that you obtain a license and pay a fee if you are operating certain types of businesses in the state. Below is a partial list of some of the types of businesses required to obtain a license. Be sure to check with the state to make sure you are complying with the license requirements for your particular profession.