Oklahoma LLC annual report requirements
An LLC annual report is a common filing for businesses of all types in states across the country. It’s a simple way for the state to track the status of your business. It’s used to share specific data about your business with the state. It also provides a public disclosure of your business information and conditions.
The details are available for state officials and the public, and the filing cost for the Annual Certificate of a limited liability company (LLC) in Oklahoma is $25. It’s important to factor this into your overall Oklahoma LLC cost to stay organized and maintain good standing with the state.
The requirements for filing your Annual Certificate in Oklahoma are fairly straightforward. Here is what is required in the form, which is available online.
- LLC filing number;
- LLC business name;
- Whether the LLC is currently an active business;
- Principal place of business street address (no P.O. boxes);
- An email address for the LLC’s primary contact;
- The date, signature, print name and title of a member or manager.
There are some pieces of information that are commonly required in annual report filings in other states. However, in Oklahoma, these items are NOT required:
- The business purpose and industry;
- Contact information for the company’s registered agent;
- The LLC’s employer identification (EIN) number;
- The names and addresses of members and managers;
- The CEO’s address and contact information.
Your Oklahoma registered agent details stay on file with the state and aren’t part of this form.
How to file an annual certificate in Oklahoma
Filing an Annual Certificate in Oklahoma requires gathering some details and filling out a simple form. There are some important rules to remember to ensure that your Annual Certificate is filed correctly.
Due dates
Every domestic and foreign LLC doing business in Oklahoma has to file an Annual Certificate every year with the Office of the Secretary of State. The due date for the filing is the anniversary of its original registration with the state.
Choose one of the filing options
File online
Many Oklahoma LLCs choose to file their Annual Certificate online through the Secretary of State’s website. To file online:
- Go to the Secretary of State’s website at www.sos.ok.gov;
- Look up your LLC by its filing number;
- Confirm or update the address and email information;
- Pay the $25 fee by card (a 4% service charge applies).
File by mail
You may choose to file your Annual Certificate by mail. If you do so, you’ll download the form from the state’s website.
Fill in the Form with the Above Information Requirements
If you choose to file the Annual Certificate form yourself, be sure to complete all of the information required above. Once complete, you can mail the form to:
Oklahoma Secretary of State
421 N.W. 13th, Suite 210
Oklahoma City, OK 73103
File with a compliance service
Many LLCs in Oklahoma choose to use a compliance service to make sure their Annual Certificate and other important documents are filed accurately and on time. An annual compliance service has several advantages that can make it a compelling option for business leaders. Here are some of the core advantages to using a compliance service:
- Peace of mind: With an LLC service, you can rest assured that all the deadlines and details necessary to remain in compliance will be followed. You want someone who can focus on these details so you do not have to;
- Flexibility: You can focus on core business objectives without worrying about the details related to your Annual Certificate and other required filings;
- Avoiding penalties: Not filing your Annual Certificate can affect your business’ standing with the state of Oklahoma. Using a compliance service lets you avoid these complications and keep your business in good standing.
What Happens if you fail to file on time (or at all)?
In Oklahoma, your business could face certain consequences by not filing.
Late fees and fines
There are no fees or fines levied by the state of Oklahoma for not filing your Annual Certificate. However, there are still consequences. To reinstate later, you’ll pay the delinquent annual fees.
Penalties
Oklahoma LLCs that fail to file within 60 days of the deadline are no longer considered to be in good standing with the state. That indication is reflected in the Secretary of State’s public records. While it’s not in good standing, the LLC can’t bring a lawsuit in Oklahoma courts, and the Secretary of State won’t accept most of its filings.
Cancellation
If an Oklahoma LLC doesn’t file its Annual Certificate and pay the fee within 3 years of the due date, its articles of organization are automatically canceled on the third anniversary of that due date. A canceled LLC can also find it harder to secure bank loans or investor financing.
To reinstate, file the missed Annual Certificates, pay the fees and apply for reinstatement with the Secretary of State. If you’d rather close the business, follow the steps to dissolve an Oklahoma LLC.
Conclusion
The Annual Certificate filing is a necessary part of doing business in Oklahoma. While the steps are simple, it’s a smart choice to use a compliance service to ensure that you are compliant with all the details and deadlines necessary to remain in good standing with the state.
FAQ
Oklahoma LLCs must file their Annual Certificate by the anniversary of their formation date. The Secretary of State emails a reminder at least 60 days before the due date.
You file your Oklahoma LLC Annual Certificate online through the Secretary of State’s Business Services portal or by mailing the completed form to the SOS office with the $25 fee.
The fee to file an Oklahoma LLC Annual Certificate is $25 (plus a 4% service charge when you pay by card online) with no additional late fee, though the LLC loses good standing if not filed within 60 days.
If you miss the Annual Certificate deadline, your LLC will lose good standing after 60 days, and its articles are canceled automatically three years after the missed due date.