50 State Series: How to move your LLC or corporation out of Oklahoma and keep your EIN

Attorney and CPA Chad D. Cummings examines Oklahoma’s tax competitiveness in this presentation. The state ranks 19th on the Tax Foundation’s 2026 State Tax Competitiveness Index after notable reforms including permanent full expensing, repeal of the capital stock tax, and reduction of the top individual income tax rate to 4.5 percent. However, Oklahoma still imposes bracket creep through non-indexed brackets, a throwback rule on corporate income, a combined state and local sales tax rate exceeding nine percent, and other structural provisions that fall short of zero-tax environments. This presentation shows how redomestication allows Oklahoma business owners to transfer a business to a new state without dissolving the entity, without creating a new company, and on a completely tax-free basis while preserving the same FEIN, contracts, credit history, and bank accounts. If you own a business in Oklahoma, the progress is real, but the state next door offers a better outcome. Learn more: https://www.cummings.law/redomestication/