Oklahoma Form Franchise PDF Details

Are you an aspiring entrepreneur interested in owning and operating a franchise business in Oklahoma? If so, we understand the excitement and anticipation that comes along with starting your own venture! From choosing the right franchise to navigating through state-level regulations and paperwork, the path towards establishing your franchise can be intimidating. However, if you have done your research and are prepared to move forward with this exciting endeavor, it is important to familiarize yourself with all the necessary steps involved in setting up a franchise in Oklahoma. In this blog post, we will explore everything from registering your company with its chosen structure to obtaining any required licenses or permits. Read on for tips on how to set up a successful franchise in Oklahoma!

QuestionAnswer
Form NameOklahoma Form Franchise
Form Length6 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min 30 sec
Other names Income and Franchise Tax Forms and Instructions - Oklahoma ...

Form Preview Example

-Office Use Only-

FRX 200

Revised 9-2021 Oklahoma Annual Franchise Tax Return

A. Taxpayer FEIN

 

 

B. Account Number

 

 

 

C. Reporting Period Beginning (MM/DD/YY) Reporting Period Ending (MM/DD/YY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

D. Due Date (MM/DD/YY)

 

 

 

State of Incorporation

 

 

 

G. Amended Return

H. Estimated Return

I. New Address

 

 

 

 

 

E.Oklahoma

 

F. Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adddress

City

 

 

 

 

 

 

 

State or Province

 

Country

 

 

 

Postal Code

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

J. Balance Sheet Date (MM/DD/YY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dollars

Cents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Total Net Assets in Oklahoma (Balance Sheet: Line 15, Column B)

 

 

1

 

 

 

 

00

 

 

 

 

 

 

2.

Total Net Assets (Balance Sheet: Line 15, Column A)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

If all assets are in Oklahoma, enter “0”

 

 

 

 

 

 

 

 

2

 

 

 

 

3.

Total Current Liabilities (Balance Sheet: Line 23)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

 

 

 

00

 

 

If line 2 is zero, complete line 4. If line 2 is not zero, complete lines 5-11

 

 

 

 

 

4.

Capital Employed in Oklahoma (line 1 minus line 3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

00

 

 

Round to next highest $1000. If line 4 is completed, skip to line 12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

Total Gross Business Done by Corporation in Oklahoma (Balance Sheet: Line 34)

 

 

5

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

Total Value of Assets and Business Done in Oklahoma (Total of lines 1 and 5)

 

 

6

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

Total Gross Business Done by Corporation (Balance Sheet: Line 33)

 

 

7

 

 

 

 

00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.

Total Value of Assets and Business Done (Total of lines 2 and 7)

 

 

8

 

 

 

 

00

 

 

 

 

 

 

9.

Percentage of Oklahoma Assets (See instructions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check appropriate Box:

 

Option1

 

 

Option 2

.................................

 

9

 

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10.

Value of Capital Subject to Apportionment (Line 2 minus line 3)

 

10

 

 

 

 

00

11.

Capital Apportioned to Oklahoma (Line 10 multiplied by line 9)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

00

 

 

Round to the next highest $1000

 

 

 

 

 

 

 

 

11

 

 

 

 

12.

Tax (See instructions)

12 =

13.

Registered Agents Fee ($100.00 - See instructions)

13 +

14.

Interest

14 +

15.

Penalty

15 +

16.

Reinstatement Fee ($150.00 - See instructions)

16 +

17.

Previous Estimated Payment

17 -

18.

Total Due (Cannot be less than zero)

18 =

DollarsCents

00

00

Signature: _______________________________________ Date: ___________________

The information contained in this return and any attachments is true and correct to the best of my knowledge.

 

 

 

 

 

Oklahoma Annual Franchise Tax Return

 

 

 

 

 

FRX

200

 

 

 

 

 

 

 

 

 

 

 

 

Schedule A: Current Officer Information

 

 

 

 

Page 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTE: Inclusion of Officers Is Mandatory.

 

 

 

Taxpayer Name

 

FEIN

Account Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Officers Effective as of Are as Follows:

(Date)

Example: Reporting period 07/01/2016 – 06/30/2017—Schedule A date = 06/30/2016

Schedule A: Current Officer Information

Enter the current officers effective date. The officers listed below should be those whose term was in effect as of June 30. Be sure to include names, addresses, and Social Security Numbers. A letter will be sent to all officers listed advising them they have been identified as an officer of the filing corporation. Officers listed in error will be advised to contact the corporation, not the Oklahoma Tax Commission to resolve. Officers may be updated or corrected when filing your annual franchise return via OkTAP.

 

1. First Name

 

Middle Initial

Last Name

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Home Address (street and number)

 

 

 

 

 

Daytime Phone (area code and number)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

State or Province

Country

Postal Code

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2. First Name

 

Middle Initial

Last Name

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

Home Address (street and number)

 

 

 

 

 

Daytime Phone (area code and number)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

State or Province

Country

Postal Code

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3. First Name

 

Middle Initial

Last Name

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

Home Address (street and number)

 

 

 

 

 

Daytime Phone (area code and number)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

State or Province

Country

Postal Code

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4. First Name

 

Middle Intial

Last Name

 

Social Security Number

 

 

 

 

 

 

 

 

 

 

Home Address (street and number)

 

 

 

 

 

Daytime Phone (area code and number)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

City

State or Province

Country

Postal Code

Title

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please include Social Security Numbers of officers.

710:1-3-6. Use of Federal Employer Identification Numbers and other identification numbers mandatory.

All returns, applications, and forms required to be filed with the Oklahoma Tax Commission (Commission) in the administration of this State’s tax laws shall bear the Federal Employer’s Identification Number(s), the Taxpayer Identification Number, and/or other gov- ernment issued identification number of the person, firm, or corporation filing the item and of all persons required by law or agency rule to

be named or listed.

[Source: Amended at 32 Ok Reg 1330, eff 8-27-15]

710:1-3-8. Confidentiality of records - All Federal Employer’s Identification and/or Social Security Account Numbers are deemed to be included in the confidential records of the Commission.

FRX 200

Page 3

Oklahoma Annual Franchise Tax Return

Schedules B, C and D

Taxpayer Name

FEIN

 

 

 

 

This page contains Schedules B, C, and D for the completion of Form 200: Oklahoma Annual Franchise Tax Return. Attach additional pages if further space is needed on Schedules C and D.

Schedule B

General Information (to be completed in detail)

If the business is not a “corporation,” list the type of business structure, the date of formation, and county in which filed.

Name and address of Oklahoma “registered agent”

Name of parent company if applicable:

 

 

 

 

FEIN:

 

Percent of outstanding stock owned by the parent company, if applicable:

 

 

 

%

 

 

 

In detail, please list the nature of business:

 

 

 

 

 

 

 

• Amount of authorized capital stock or shares:

 

 

 

 

 

 

(a) Common:

 

shares, par/book value of each share

$

 

$

 

 

(b) First Preferred:

 

shares, par/book value of each share

$

 

$

 

 

• Total capital stock or shares issued and outstanding at the end of fiscal year:

 

 

 

 

 

 

(a) Common:

 

shares, par/book value of each share

$

 

$

 

 

(b) First Preferred:

shares, par/book value of each share

$

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule C

Related Companies: Subsidiaries and Affiliates

subsidiaries (Companies in which you own 15 percent or more of the outstanding stock)

Name of Subsidiary

 

FEIN

 

Percentage Owned (%)

 

Financial Investment ($)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

affiliates (Companies related other than by direct stock ownership)

Name of Affiliate

 

FEIN

 

How related?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule D

 

 

 

 

 

 

 

 

Details of Current Debt shown on Balance Sheet

 

Balance remaining of

 

 

 

 

 

 

Original Amount

amounts payable within 3

Name of Lender

Original Date of Issuance Maturity Date

of Instrument

years of Date of Issuance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FRX 200

Page 4

Oklahoma Annual Franchise Tax Return

Balance Sheet

Taxpayer Name

FEIN

As of the Last Income Tax Year Ended: (MM/DD/YY)

 

 

 

 

 

 

This page contains the Balance Sheet which completes Form 200: Oklahoma Annual Franchise Tax Return.

Column A

Assets

Total Everywhere as per

 

 

Books of Account.

 

If all Property is in

 

Oklahoma,

 

Do Not Use this Column.

Column B

Total in Oklahoma

as per Books

of Account.

Liabilities and

Stockholders’

Equity

Column C

Total Everywhere as per

Books of Account.

1.Cash .......................................

2.Notes and accounts receivable

3.Inventories..............................

4.Government obligations and other bonds............................

5.Other current assets

(please attach schedule) ........

6.Total Current Assets

(add lines 1A-5A and 1B-5B).

7.Mortgage and real estate loans

8.Other investments

(please attach schedule) ........

9.(a) Building .............................

(b)Less accumulated depreciation........................

10.(a) Fixed depreciable assets .

(b)Less accumulated depreciation.......................

11.(a) Depletable assets.............

(b)Less accumulated depletion............................

12.Land......................................

13.(a) Intangible assets .............

(b)Less accumulated amortization......................

14.Other assets .........................

15.Net Assets ...........................

(Lines: 6-14)

16.Inter-company receivables:

(a)From parent company.....

(b)From subsidiary company

(c)From affiliated company .

17.Bank holding company stock in subsidiary bank .......

18.TOTAL ASSETS...................

(Lines: 15-17)

19.Accounts payable ....................

20.Accrued payables ....................

21.Indebtedness payable three years or less after issuance

(see schedule D) .....................

22.Other current liabilities.............

23.Total Current Liabilities.........

(Lines: 19-22)

24.Inter-company payables

(a)To parent company.............

(b)To subsidiary company.......

(c)To affiliated company..........

25.Indebtedness maturing and payable in more than three years from the date of issu- ance.........................................

26.Loans from stockholders not payable within three years.......

27.Other liabilities.........................

28.Capital Stock

(a)Preferred stock....................

(b)Common Stock....................

29.Paid-in or capital surplus (attach reconciliation) ...............

30.Retained earnings ...................

31.Other capital accounts.............

32.Total Liabilities and Stockholders’ Equity.............

(Lines: 23-31)

33.Total gross business done everywhere

(sales and service) ................

(from income tax return)

34.Total gross business

done in Oklahoma

(sales and service) ................

(from income tax return)

Form 200 - Page 5

Oklahoma Annual Franchise Tax Return Information

• Requirement for Filing Return

Every corporation organized under the laws of this state, or qualified to do or doing business in Oklahoma in a corporate or organized

capacity by virtue or creation of organization under the laws of this state or any other state, territory, district, or a foreign country, including

associations, joint stock companies and business trusts as defined by Oklahoma statutes unless exempt by statutes must file an Annual Franchise Tax Return Form 200.

The term “doing business” means and includes every act, power, or privilege exercised or enjoyed in this state as an incident to do or by virtue of powers and privileges acquired by the nature of all organizations falling within the purview of the Franchise Tax Code.

All Foreign (non-Oklahoma) Corporations including non-profits, must pay an Annual Registered Agent Fee of $100.00. Indicate this amount

on Line 13 of the Form 200.

The maximum annual franchise tax is $20,000.00. Maximum filers should complete and file Form 200 including a schedule of current corporate officers and balance sheet.

If a taxpayer computes the franchise tax due and determines that it amounts to $250.00 or less, the taxpayer is exempt from the tax and a

“no tax due” Form 200 is required to be filed. A schedule of corporate officers must still be filed and, for foreign corporations, the $100.00 registered agents fee is still due.

Applications for refunds must include copies of related Oklahoma Income Tax Returns. The use of the correct corporate name and FEIN on your return and all correspondence will facilitate in timely processing and handling.

• Time for Filing and Payment Information

Oklahoma Franchise Tax is due and payable July 1st of each year unless a Franchise Election Form (Form 200-F) has been filed. The report and tax will be delinquent if not paid on or before September 15. A ten percent (10%) penalty and one and one-fourth percent (1.25%) interest per month is due on payments made after the due date.

NOTE: Effective November 1, 2017, corporations who remit the maximum amount of $20,000.00 in the preceding tax year, the tax will be due and payable on May 1st of each year and delinquent if not paid on or before June 1st. These corporations are not eligible to file Form 200-F.

If the Charter or other instrument is suspended, a fee of $150.00 is required for reinstatement. (Line 16 of Form 200.)

If you wish to make an election to change your filing frequency, or to file using the Oklahoma Corporate Income Tax Form 512 or 512-S, complete OTC Form 200-F: Franchise Election Form. You may file this form online or download it at tax.ok.gov. Form 200-F must be filed

no later than July 1.

• Franchise Tax Computation

The basis for computing Oklahoma Franchise Tax is the balance sheet as shown by your books of account at the close of the last preceding

income tax accounting year, or electing to change filing to match the due date of the corporate income tax, the balance sheet for that corporate tax year.

The franchise tax for corporations doing business both within and outside of Oklahoma, is computed on the proportion to which property owned, or property owned and business done, within Oklahoma, bears to total property owned, or total property owned and total business done everywhere.

“Property owned” is the book value of the assets. For the purpose of determining apportionment as between Oklahoma and elsewhere, liabilities are not to be deducted from gross assets.

The term “business done” means and includes the engaging in any activity or the performing of any act or acts in this state that constitutes the doing or transacting of business. Business done in Oklahoma includes sales shipped from Oklahoma to another state in which the corporation is not doing business.

Inter-company Payable and Receivables between parent, subsidiary and/or affiliates, are to be eliminated from the calculations necessary to determine the amount of franchise tax due.

Oklahoma franchise (excise) tax is levied and assessed at the rate of $1.25 per $1,000.00 or fraction thereof on the amount of capital allocated or employed in Oklahoma.

• Online Filing

Oklahoma Taxpayer Access Point (OkTAP) makes it easy to file and pay. Visit us at tax.ok.gov to file your Franchise Tax Return, Officer

Listings, Balance Sheets and Franchise Election Form (Form 200-F).

Form 200 - Page 6

First Step...

Complete Balance Sheet and Schedules B, C & D

(Must be returned with annual return)

Line 1 (through 3) Cash, notes, accounts receivable, and inventories are to be reported at book value.

Line 4 United States, municipal, commercial and other bonds owned by the corporation.

Line 5 Prepaid expenses and deferred charges are to be included as assets at book value.

Line 8 Stock or other evidence of ownership in subsidiary organiza- tions as shown on the corporations books of account.

Lines 9b, 10b, 11b. If accumulated depreciation and depletion appear to be excessive, the excess may be disallowed.

Line 13 Patents, trademarks, copyrights, etc., and franchises are to

be included as assets to the extent of their cost. In the case of a definite term franchise, the cost thereof may be amortized

over its life. Goodwill is an asset and should be shown at book value. All intangibles including cash, are to be apportioned wholly to Oklahoma unless a commercial or business location for the intangibles has been established elsewhere.

Line 14 Life insurance, where the reporting taxpayer is beneficiary, is to be shown at cash surrender value.

Line 15 Total net amount of lines 6 through 14. Line 18 Total lines 15,16, and 17.

Line 20 Reserves for taxes are allowed to the extent such taxes are unpaid. Deferred credits are included in capital employed un- less they can be shown to be actual liabilities.

Line 21 Current liability includes indebtedness payable in three (3) years or less after issuance.

Line 26 Stockholder loans must be repaid within three years of cre- ation to be considered a current liability. Contingent assets or liabilities should not be included unless fully explained and the condition under which they become actual is clearly set forth.

Line 32 Total lines 23 through 31. The amounts as shown by the books of account shall be the measure of value of the assets

and liabilities, except when the items on the books of account are in error or lack sufficient detail to truly reflect the amount

of capital invested and employed in the business.

Second Step...

Complete the Oklahoma Annual Franchise Tax Return

Item A Place the taxpayer FEIN in Block A.

Item B Enter the Account number issued by the Oklahoma Tax Commission beginning with FRX followed by ten digits. If no number has been issued, leave blank.

Item C • Place the beginning and ending reporting period (MM/DD/

YY)for the Franchise Tax license year for which you are re- porting in Block C. Example: For returns due July 1, 2016 the reporting period beginning would be 07/01/16. The reporting

period ending would be 06/30/17.

The reporting period for corporations which have filed Form 200-F, and elected a different filing date, will be the next fiscal year. Example: A corporation has a year end of 05/31/16 with a return due August 15, 2016. The reporting period begin- ning will be 06/01/16 and the reporting period ending will be 05/31/17.

Item D Place the due date (MM/DD/YY) in Block D.

Item E Place an “X” in the box if you are incorporated in the State of Oklahoma.

Item F Place an “X” in the box if you are incorporated in a state other than Oklahoma.

Item G Place an “X” in the box if you are filing an amended return.

Item H Place an “X” in the box if you have not completed a year end balance sheet and are therefore filing an estimated return. You must file an estimated return and remit tax due.

Item I Place an “X” in the box if your mailing address has changed. Write your new address in the space provided.

Item J Enter your balance sheet date (MM/DD/YY) of your most

recent income tax accounting year. Do NOT leave blank. If the corporation has not completed its first taxable year enter June

30 of the current year as the balance sheet date.

(Continued from lower left column)

Lines 1 through 11 (except 9) are derived from your balance sheet. Please put the date of the balance sheet in box J.

Line 9 (Percent of Oklahoma Assets)

Select which option you will use to determine the apportion- ment of Oklahoma assets.

Option 1: Percent of Oklahoma assets and business done to total assets and business done. (line 6 divided by line 8). Round to six decimal points.

Option 2: Percent of Oklahoma assets to total net assets (line 1 divided by line 2). Round to six decimal points.

Line 12 (Tax)

Compute tax at $1.25 per $1,000.00 of capital. (Either line 4 or line 11) If tax is more than $20,000.00 enter $20,000.00 on line 12. If your return is due July 1, 2014 or later, you are

exempt from paying tax if your tax liability is $250.00 or less, however, a return must still be filed.

Line 13 (Registered Agent Fee)

If the corporation originated in a state other than Oklahoma, the Oklahoma Secretary of State charges an annual regis-

tered agent fee of $100.00 and is collected on the franchise tax return. Non-profit corporations originating in another state will be sent Form 200-N “Foreign Not-For-Profit Corporation

Annual Franchise Tax Return”. Line 14 (Interest)

If this return is postmarked after the due date the tax is sub- ject to 1.25% interest per month from the due date until it is paid. Multiply the amount in Line 12 by .0125 for each month the report is late.

Line 15 (Penalty)

Tax not paid by the original due date is subject to a penalty of 10%. Multiply the amount in Line 12 by .10 to determine the penalty.

Line 16 (Reinstatement Fee)

If your corporate charter has been suspended, you must meet all outstanding filing and payment obligations in order to be

reinstated. Effective July 1, 2017, a $150.00 reinstatement fee

is also required. Only one reinstatement fee is required even if multiple past due returns are being filed.

Line 17 (Previous Estimated Franchise Payment)

Enter any estimated franchise tax paid with Form 200

If filing an amended return, enter any franchise tax paid with the original return and amounts paid after it was filed.

Line 18 (Total Due)

Add the amounts from lines 12 through 16, subtract any entry on line 17, and enter total on line 18. Amount on line 18 can- not be less than zero.

Third Step...

Schedule A Officer Information

Enter the effective date of officers. Please refer to the example on Schedule A. Failure to provide this information could result in the corpo- ration being suspended.

Fourth Step...

Mail this return to the address below. Please include your return, pay- ment made payable to Oklahoma Tax Commission, balance sheet, and schedules A, B, C, and D.

Please Mail To:

Oklahoma Tax Commission

PO Box 26850

Oklahoma City, OK 73126-0850

Phone Number for Assistance – 405.521.3160

Mandatory inclusion of Social Security and/or Federal Employer’s Identi- fication numbers is required on forms filed with the Oklahoma Tax Com-

mission pursuant to Title 68 of the Oklahoma Statutes and regulations thereunder, for identification purposes, and are deemed to be part of the confidential files and records of the Oklahoma Tax Commission.

The Oklahoma Tax Commission is not required to give actual notice to taxpayers of changes in state laws.

(Continued top of right column)

How to Edit Oklahoma Form Franchise Online for Free

Oklahoma Form Franchise can be completed with ease. Simply try FormsPal PDF tool to complete the job without delay. In order to make our editor better and easier to utilize, we consistently design new features, with our users' suggestions in mind. Starting is easy! Everything you should do is follow the following simple steps below:

Step 1: Press the "Get Form" button in the top part of this page to open our tool.

Step 2: After you start the PDF editor, you will notice the form ready to be filled out. Apart from filling in different blank fields, you could also do some other actions with the Document, specifically adding any text, editing the initial textual content, inserting illustrations or photos, placing your signature to the form, and a lot more.

With regards to the blank fields of this precise form, here's what you need to know:

1. Before anything else, once filling out the Oklahoma Form Franchise, start with the page that has the following blanks:

Oklahoma Form Franchise conclusion process clarified (stage 1)

2. Once your current task is complete, take the next step – fill out all of these fields - Total Current Liabilities Balance, If line is zero complete line If, Capital Employed in Oklahoma line, Round to next highest If line is, Total Gross Business Done by, Total Value of Assets and, Total Gross Business Done by, Total Value of Assets and, Percentage of Oklahoma Assets See, Check appropriate Box, Option, Option, Value of Capital Subject to, Capital Apportioned to Oklahoma, and Round to the next highest with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Oklahoma Form Franchise conclusion process shown (stage 2)

3. This part is normally straightforward - complete all the empty fields in Penalty, Reinstatement Fee See, Previous Estimated Payment, Total Due Cannot be less than, and Signature Date The information to conclude this segment.

Reinstatement Fee   See, Penalty, and Previous Estimated Payment of Oklahoma Form Franchise

4. All set to complete this next part! In this case you have these Taxpayer Name, FEIN, Account Number, Corporate Officers Effective as of, Are as Follows, Date, Example Reporting period, Schedule A Current Officer, First Name, Middle Initial, Last Name, Social Security Number, Home Address street and number, Daytime Phone area code and number, and City fields to do.

Stage # 4 of filling in Oklahoma Form Franchise

5. The last point to complete this form is crucial. Ensure that you fill in the appropriate form fields, for example Home Address street and number, Daytime Phone area code and number, City, State or Province, Country, Postal Code, Title, First Name, Middle Initial, Last Name, Social Security Number, Home Address street and number, Daytime Phone area code and number, City, and State or Province, prior to submitting. Failing to do so might produce a flawed and possibly nonvalid document!

Filling in section 5 of Oklahoma Form Franchise

Lots of people frequently get some things incorrect when completing State or Province in this area. You need to go over everything you type in here.

Step 3: Once you've looked over the details in the document, simply click "Done" to complete your form. Sign up with us today and immediately get access to Oklahoma Form Franchise, ready for downloading. Every modification you make is conveniently kept , enabling you to change the pdf further when necessary. We don't share or sell the details that you enter whenever completing documents at FormsPal.