Oklahoma State Law
OK Business Registration
LicensingOklahoma businesses must register with the Secretary of State before conducting business. Sole proprietors using a trade name must file a DBA with the county clerk. Businesses with employees or…
Source: OK Secretary of State
Oklahoma employers who pay $1,500 or more in wages in any calendar quarter or employ at least one worker in 20 weeks of a year must register with the Employment…
Source: OK Employment Security Commission
OK New Hire Reporting
EmploymentOklahoma employers must report all newly hired and rehired employees to the State Directory of New Hires within 20 days of the hire date. Reports must include the employee name,…
Source: OK Department of Human Services
OK LLC Formation Requirements
FormationOklahoma LLCs are formed by filing Articles of Organization with the Secretary of State and paying a $100 fee. All LLCs must designate a registered agent with an Oklahoma address…
Source: OK Secretary of State
OK Corporation Formation
FormationOklahoma corporations are formed by filing a Certificate of Incorporation with the Secretary of State with a minimum fee of $50 based on authorized capital. Corporations must designate a registered…
Source: OK Secretary of State
OK Annual Certificate Filing
FormationOklahoma LLCs and corporations must file an Annual Certificate with the Secretary of State by the anniversary date of formation each year. The fee is $25 for LLCs and varies…
Source: OK Secretary of State
OK Corporate Income Tax
TaxesOklahoma imposes a flat 4% corporate income tax on net income attributable to Oklahoma. C corporations file Form 512 with the Oklahoma Tax Commission. Multi-state corporations apportion income using a…
Source: OK Tax Commission
OK Sales and Use Tax
TaxesOklahoma imposes a state sales tax of 4.5% on retail sales of tangible personal property and certain services, with city and county taxes bringing combined rates to between 4.5% and…
Source: OK Tax Commission
OK Minimum Wage
EmploymentOklahoma minimum wage follows the federal rate of $7.25 per hour. Tipped employees may be paid $2.13 per hour provided tips bring total compensation to at least $7.25. Oklahoma law…
Source: OK Department of Labor
OK Workers Compensation Insurance
EmploymentOklahoma employers with one or more employees must carry workers compensation insurance. Coverage may be obtained through a private insurer, the CompSource Oklahoma state fund, or through approved self-insurance. The…
Source: OK Workers Compensation Commission
OK Professional Licensing
LicensingOklahoma professional licensing is administered by numerous state boards and agencies covering professions including engineers, architects, real estate agents, contractors, healthcare providers, and accountants. The Secretary of State website provides…
Source: OK Secretary of State
OK Construction Industries Board License
LicensingOklahoma requires contractors to be licensed by the Construction Industries Board for electrical, plumbing, and mechanical work. General contractors are not required to hold a statewide license but must comply…
Source: OK Construction Industries Board
OK Quick Action Closing Fund
FinancingThe Oklahoma Quick Action Closing Fund provides discretionary incentive grants to businesses locating or expanding significant operations in Oklahoma. Awards are negotiated based on projected job creation and capital investment…
Source: OK Department of Commerce
OK Small Business Loan Guarantee Program
FinancingThe Oklahoma Department of Commerce administers a Small Business Loan Guarantee program to help Oklahoma small businesses access bank financing. Guarantees of up to 80% of the loan amount are…
Source: OK Department of Commerce
OK Home-Based Business Rules
Home BusinessHome-based businesses in Oklahoma are regulated by local city and county zoning ordinances. Most jurisdictions permit home occupations as an accessory residential use subject to restrictions on signage, customer visits,…
Source: OK Department of Commerce
No entries match your filter. Clear