Company Name | The proposed LLC name must include one of these words at the end: 'Limited Liability Company,' 'Limited Company,' 'Ltd. Co.,' 'LC,' 'LLC,' or 'L.L.C.' The proposed name must be distinctive from the names of other LLCs, corporations, trade names, reserved names, limited partnerships, or fictitious names filed with the Secretary of State. | The proposed corporation name must contain either the word or an abbreviation of: 'Corporation,' 'Company,' 'Incorporated,' 'Limited,' 'Association,' 'Club,' 'Foundation,' 'Fund,' 'Institute,' 'Society,' 'Union,' or 'Syndicate.' The proposed name must be distinctive from the names of other corporations, trade names, reserved names, limited partnerships, limited liability companies, or fictitious names filed with the Secretary of State. |
Board of Directors | LLCs require a minimum of one or more managers/members. Requirements for age and residency of the managers/members are not needed in Oklahoma. The addresses and names of the managers/members do not need to be listed in the Articles of Organization. | Corporations require a minimum of one or more directors/shareholders. Requirements for age and residency of the directors/shareholders are not needed in Oklahoma. The addresses and names of the directors need to be listed in the Certificate of Incorporation, while the shareholders' do not need to be. |
Other Requirements | Annual Report: LLCs in Oklahoma must file an annual report called an annual certificate that is due on the anniversary date of the incorporated LLC. Registered Agent: LLCs must list the name and physical address of the registered agent, with normal business hours for deliveries of important documents from the government. Employer Identification Number (EIN): For LLCs with employees or LLCs that want to open a business bank account, an EIN is required. Oklahoma has no state tax identification number. | Annual Report: Corporations in Oklahoma are not required to file an annual report. Stock: In the Certificate of Incorporation, the authorized shares and par value must be listed. Registered Agent: Corporations must list the name and physical address of the registered agent, with normal business hours for deliveries of important documents from the government. Employer Identification Number (EIN): For corporations with employees or corporations that want to open a business bank account, an EIN is required. Oklahoma has no state tax identification number. |