Start a Business in Oregon
Starting a business in Oregon is easy. All you need to do is file a few forms with the Oregon Secretary of State and start running your business. Below, we show you how to get started and walk you through some of your options.
One option is, of course, to stop reading and just hire us to start your business for you. At Northwest, we form businesses and provide registered agent service throughout the US. That’s our business, and obviously we recommend starting your business in a certain way. We call it “Starting a Business the Right Way."
Starting your business the right way means hiring a registered agent to form your LLC or corporation so you can protect your privacy and receive the care your business needs to stay active. If you hire us to start your Oregon business, we’ll be your registered agent, provide Privacy by Default®, a business address, mail forwarding and local Corporate Guide® service for life.
How to Start a Business in Oregon
You file articles of incorporation for an Oregon corporation or articles of organization for an Oregon LLC with the Oregon Secretary of State.
You obtain a federal tax ID number (FEIN or EIN) with the IRS after you have confirmation and filed articles from the State of Oregon showing your approved Oregon business.
Opening a business banking account under your new Oregon business name should be easy with these two items.
If you’re going to have employees or need to withhold sales tax, you will probably need to register with the OR department of revenue. We provide all these links in your online account.
Check the Oregon License Directory to see if you need any additional certifications, permits, or registrations. Licensing links and information are in your online account when you sign up with Northwest.
If you’re going to have an office or shop you might need an approval from the city zoning for your type of business in that location.
If you get overwhelmed, just get your business pulling in money and worry about regulations later.
Are You A Do-It-Yourselfer? You Can Save Some Money:
If you want to start a business in Oregon yourself, you can just hire us as your Oregon registered agent, and you’ll instantly have the Oregon LLC or corporation forms to file along with filing instructions on the quickest, cheapest, and most efficient way to incorporate an Oregon corporation or form a Oregon LLC. You’ll get the ongoing support of our online tools, reminders and the support of a professional Oregon registered agent service.START YOUR OREGON BUSINESS TODAY
Oregon LLC vs Corporation
Small to medium-sized business owners often prefer LLCs because they have fewer annual requirements and are easier to maintain. Anyone wanting to build a large, fast-growing business might want to choose a corporation because having the ability to sell stock will help attract top investors.
But, what about Oregon? Any pros and cons for an Oregon LLC vs an Oregon corporation?
In terms of initial and maintenance fees, there are no advantages to starting an Oregon LLC versus an Oregon corporation. The Articles of Incorporation or Organization will cost $100 to file. Also, both entities are required to file an annual report ($100) and include officer or member/manager information.
During tax season, Oregon corporations tend to get hit harder than LLCs—especially C corporations that earn higher incomes. If doing business in the state, companies taxed as corporations are subject to the state’s corporation excise tax. The rates for C corporations are 6.6% on the first $10 million in revenue and 7.6% on all income over $10 million. S corporations pay a flat $150. LLCs taxed as partnerships also pay a fixed amount of $150 with their partnership return. Oregon also assesses a corporate activity tax (CAT); however, it only applies to businesses that earn more than $1 million in profits. Personal income rates are fairly high as well—between 5% and 9.9%.
Oregon offers LLCs strong protection from creditors. Although a charging order may be issued—putting a lien on a debtor’s interest, the claimant may not force the LLC to make distributions. Definitely something to consider when starting an Oregon LLC.
If you want a corporation, you file Oregon Articles of Incorporation:
The Oregon articles of incorporation cost $100 with the Oregon Secretary of State.
- Incorporating Oregon ending such as Inc, corporation, or incorporated
- The number of shares
- The Oregon corporations mailing address
- The name, address, and signature of the Oregon incorporator(s)
- The registered agent of the Oregon corporation
- Attach an additional sheet to include any optional provisions
- Oregon does not require original signatures on new OR corporation filings. The SOS will send a filing confirmation by fax or by mailing it to the address on the articles of incorporation.
Start Your Oregon Business!GET STARTED
If you want a LLC, you file Oregon Articles of Organization:
- The business name must have a limited liability company ending or variation of it.
- New Oregon LLCs name must be different than already registered Oregon companies.
- Duration of the Oregon LLC.
- The Oregon registered agent and the physical address.
- The Oregon LLCs mailing address.
- The names, addresses, and signature of the organizer(s).
- If the limited liability company is not member managed, you must state whether it has a single manager or multiple managers. Listing the members and managers in the articles is optional.
- Oregon does not require original signatures on filings. The filing confirmation will be faxed back or mailed to the address specified on the filing.