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Oklahoma Professional Limited Liability Company PLLC Formation Package

State:
Oklahoma
Control #:
OK-00PLLC
Format:
Word; 
Rich Text
Instant download

Description

This Professional Limited Liability Company - PLLC Formation Package state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new Professional Limited Liability Company. The form contains basic information concerning the PLLC, normally including the PLLC's name, purpose and duration of the PLLC, the registered address, registered agent, and related information.

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How to fill out Oklahoma Professional Limited Liability Company PLLC Formation Package?

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FAQ

When you form a corporation or LLC, you need to pay a one-time filing fee to the state's secretary of state office. Arkansas, Colorado, Hawaii, Iowa, Oklahoma and Mississippi all boast the lowest corporation formation fee at $50. It costs $310 to incorporate in Texas.

The fees to the State of Oklahoma to start an LLC are $100 plus the credit card processing fee if you don't pay by another means. There's no way to spend less than the fees charged by the Secretary of State.

How much does it cost to form an LLC in Oklahoma? The Oklahoma Secretary of State charges a $100 fee to file the Articles of Organization. You can reserve your business name by filing an LLC name reservation for $10. Oklahoma LLCs are also required to file an Annual Certificate each year, the fee for which is $25.

How long does it take to get an LLC in Oklahoma? Filing the Articles of Organization takes 2 business days online and 7 to 10 business days by mail.

A certified public accountant (CPA) cannot provide legal advice, but can guide you through the paperwork and decision-making process of setting up an LLC for an average cost of $400-$900 or more, depending on location and complexity. That's in addition to state fees and expenses.

Regarding the management flexibility and taxation, a PLLC has the same advantages of an LLC. The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.

Any person can create an LLC without a professional help, but forming a company will still take some investment because of the required filing fees.You must be wary of companies that falsely claim a free LLC registration because mandatory state filing fees must still be paid.

A PLLC, or professional limited liability company, is a special type of LLC that may only be formed by licensed professionals for the purpose of rendering professional services. While this is not required, doing so can be beneficial for tax, liability, financing, and other reasons.

Members of a PLLC aren't personally liable for the malpractice of any other member. PLLC members are not personally liable for business debts and lawsuits, such as unpaid office rent. The PLLC can choose to be taxed as a pass-through entity or as a corporation.

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Oklahoma Professional Limited Liability Company PLLC Formation Package