Do you have the perfect name idea for a new business entity in the state of Oklahoma, but you’re not quite ready to form your company?
Oklahoma allows you to reserve a business name until you’re prepared for the business formation process, but how does the reservation process work and how long will the state reserve the name for you? In this guide, we’ll run down all the important details of reserving a business name in Oklahoma.
Rocket Tip: If you’d rather officially incorporate in Oklahoma rather than file the extra paperwork to register a business name, there are many good incorporation services that can do it for you.
How to Reserve a Business Name in Oklahoma
The first step is to determine if your desired business name is even available in Oklahoma to begin with. Oklahoma makes it easy to ensure that your desired name is available with the Secretary of State’s business entity search tool. Once you’ve determined the availability of your desired name, you can begin the process of reserving it with the state.
The simplest way to file a name reservation is by using the online application via the Secretary of State’s website. This application requires the following information:
Oklahoma name reservations require payment of a $10 filing fee. Once you have paid the fee and submitted your information, the Secretary of State’s office will review the information and, if the name is available, reserve your business name.
How Long Is My Business Name Reserved For?
Once your application has been approved, your business name is reserved for a period of 60 days. You will need to register your business during this time period, otherwise you could risk losing the name to someone else.
Just because you aren’t ready to form your Oklahoma business entity doesn’t mean you can’t lock down your desired business name.
The state of Oklahoma makes it easy to check the availability of a business name and reserve it within minutes via the Secretary of State’s website. Once you have provided the basic information and paid the filing fee, the reservation process is finished.