How to form a corporation in Oklahoma
Creating a corporation in Oklahoma is a manageable process when broken down into clear steps. The checklist below outlines what’s involved when you create a corporation in Oklahoma and move from planning to formation.
1. Choose your corporation type
Oklahoma allows several types of corporations, with C corporations and S corporations being the most common choices. Depending on your goals, you may also consider forming a nonprofit or professional corporation. Selecting the right structure helps determine how your corporation will be taxed and governed.
2. Decide on a company name
Once you’ve chosen a corporation type, the next step is picking a business name. Oklahoma requires that your corporation’s name be distinguishable from other entities already registered in the state. Most founders perform an Oklahoma corporation search to confirm availability and compliance before moving forward. The name must also include a corporate designator such as “Corporation,” “Incorporated,” or an accepted abbreviation.
Corporate Creations can assist you in obtaining your business name with our name search and reservation services.
3. Get a registered agent
All Oklahoma corporations must designate a registered agent with a physical address in the state. The registered agent serves as the official recipient for legal notices and government correspondence. You may appoint an individual or a qualified third-party service to fulfill this role – Corporate Creations can act as your registered agent.
4. Choose an incorporator
The Articles of Incorporation must name an incorporator, who is responsible for signing and submitting the document to the Oklahoma Secretary of State. The incorporator can be an individual, attorney, or authorized service provider acting on behalf of the corporation.
5. Issue shares
Oklahoma corporations must authorize at least one share of stock in their Articles of Incorporation. You may authorize multiple classes or series of shares if desired, as long as the rights and preferences of each are clearly defined. Because share structure can affect ownership and control, it’s often advisable to consult a legal professional before finalizing this step.
6. File the Articles of Incorporation
After gathering all required information, the Articles of Incorporation are filed with the Oklahoma Secretary of State. Once the filing is accepted, your corporation is officially formed. Following incorporation, there are additional organizational tasks to complete, such as adopting bylaws and holding an initial meeting.
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