Before operating in Oklahoma, businesses that are organized (domiciled) in other states under formal legal structures (corporations, LLCs, and others) are normally required to register as a foreign entity with Oklahoma’s Secretary of State.
Additionally, out-of-state businesses with employees in the state must also meet additional requirements, such as:
- Register (file) with the Oklahoma Tax Commission and obtain a state income tax withholding account to deposit state income taxes to be withheld from salaries and wages of the employees who are working in Oklahoma.
- Contact the Oklahoma Employment Security Commission (OESC) for determination, computation and payment of an unemployment tax amount owed
- Cover employees working in Oklahoma under workers compensation insurance in accordance with the regulations of the Oklahoma Workers Compensation Commission. The insurance can be provided under the company’s own policy coverage or, if necessary, it can be purchased from Oklahoma’s state-owned company.
CompSource Mutual Insurance Company
405-232-7663 | 800-347-3863
You may want to consult with a tax professional, to stay compliant, when transacting business in Oklahoma.
