Before officially forming your business (LLC, Corporation etc) in Oklahoma, you may consider reserving the name for your company first. Reserving business name is especially helpful in cases when you are sure to form the business in next few months but are not ready yet. Name reservation can protect your PERFECT business name, till the time you are ready for filing.
The business name can be reserved for the period of 60 days which can be further renewed. The business name reservation can also be transferred.
Oklahoma Business Name Requirement
Oklahoma SOS has mandated certain requirements which you must keep in mind while selecting a business name.
The business name must be unique and distinguishable from any existing business entity name registered with Secretary of State. Also any difference in grammar, similarly sounding business name, or using stop words does not make the business name unique and it will lead to the name being rejected.
For example following names are not distinguishable:
- Justin Plumber LLC vs The Justin Plumber LLC
- Mango Farm LLC vs Mango Farms LLC
- Jake & Mary Corporation vs Jake and Mary Corporation
Required suffix in the business name:
- For Corporations:
Must contain either “Association”, “Company”, “Corporation”, “Club”, “Foundation”, “Fund”, “Incorporated”, “Institute”, “Society”, “Union”, “Syndicate”, “Limited” or an abbreviation of one of such words. - For LLC
Must contain either “Limited Liability Company”, “Limited Company”, “L.L.C.”, “LLC”, “L.C.”, “LC”, “Limited”, “Ltd.”, “Company” or “Co.”
Prohibited words:
Certain words such as bank, insurance, trust etc cannot be included in the name without prior approval from the concerned authorities.
Checking the Availability of a Business Name
Oklahoma SOS provides an online tool to check the availability of any business name. You can use this tool to find and research name for your business. We have written an in-depth tutorial on how to search for a business name in Oklahoma.
How to Reserve Business Name
Business name reservation can be done either Online or by Mail. Filing for name reservation online is recommended as its more convenient and business name can be reserved instantly.
Online
| Link | Online |
| Fees | $10 Instant Approval |
| Processing Time | Instant |
- Open Oklahoma business entity filing page – Link.
- Click ‘Name Reservation’ link at the bottom of the page.
- Next, filling your contact information – Name & Email address. Press ‘Continue‘ button.
- Click on ‘New Work ID‘ and press the ‘Next‘ button.
- Enter the name to be reserved in the text box. Click on ‘Next‘ button.
- Fill in your personal details and complete the payment.
By Mail
| Download Form | Link |
| Fees | $10 |
| Address | Business Filing Department 421 N.W. 13th, Suite 210 Oklahoma City OK 7310 |
| Processing Time | Around 3 days after the receipt |
- Download the Oklahoma Name reservation form – Link.
- Fill the form with the requested details.
- Include the money order/check/credit card payment ($10).
Check/money order must be drawn in name of “Secretary of State“. - Send the filled form to:
Business Filing Department
421 N.W. 13th, Suite 210
Oklahoma City OK 7310
Oklahoma Secretary of State Contact
For any queries, you can contact the SOS at (405) 522-2520 during business hours.
Reference:
Last Updated: 25/08/2018
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source https://businessentity.org/ok/oklahoma-business-name-reservation/
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