General Guide to Company Incorporation in Oregon

Updated on Wednesday 18th April 2018

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The state of Oregon or the “Beaver State”, as it is known, is ranked as the 26th most populous among the American states and has diverse geographic attributes which sustain the economy in varied fields (agriculture, hydroelectric power etc.). We have prepared a general guide to company incorporation in Oregon or simply the main steps of how a company can be registered in this state. With the help of our company formation agents in Oregon, foreigners can easily set up their businesses, as our team can offer in-depth support throughout the entire process.

How can you set up an LLC in Oregon?

A limited liability company is a popular business structure for foreigners willing to form a business on the market. Having a simple registration procedure which starts with the Business Division of the Secretary of the State of Oregon can help entrepreneurs start their activities in a fast manner. If you want to open a business in USA and particularly an LLC in Oregon, please observe the following requirements:
  • prepare the Articles of Association;
  • appoint a registered agent for your LLC in Oregon;
  • create an operating agreement;
  • apply for EIN (Employer Identification Number);
  • open a bank account;
  • register for social contributions;
  • apply for business licenses;
  • hire an accounting firm.

It is good to know that a registered agent for your company in USA can be a natural person or another company with residency in Oregon. Our team of company incorporation specialists in USA can act on behalf of your company and manage the legal aspects of the business.

Do I need an operating agreement for an LLC in Oregon?

Even though it is not an imposed requirement, an operating agreement can be created as an internal document. This offers the following information:
  • the liabilities and obligations of each owner of the company;
  • the working relations;
  • the voting rights;
  • the capital contributions;
  • how membership changes are dealt;
  • dissolution of a company.

Apply for EIN in Oregon

If you want to start a company in USA, including Oregon, it is necessary to register for tax purposes in this state and apply for EIN (Employer Identification Number). This is the Federal Tax ID which proves that your company complies with the IRS (Internal Revenue Service) rules and regulations regarding the taxes which need to be paid in this state as soon as the business is registered. 

How much is the sales tax in Oregon?

Oregon is an American state which doesn’t impose a sales tax. Entrepreneurs should bear in mind other taxes in this state, like the rental tax, the lodgings tax, the income tax rate ranging between 5% and 9.9%. The following table can offer more details about the taxes in Oregon:
Property tax NO
Taxes on lands and buildings YES
Estate transfer tax YES
Sales tax NO


Do I need business licenses and permits for a company in Oregon?

Besides the above-mentioned requirements for setting up an LLC in Oregon, licenses and permits are necessary as soon as the business has been registered. The local licenses are issued by the Chamber of Commerce in the state of Oregon, as for the federal licenses, these are granted by the Small Business Administration in Oregon.

Why hire an accounting firm in Oregon?

An accounting firm for your company in Oregon can deal with the financial operations of the business, in agreement with the international standards. Payroll, bookkeeping, financial annual statements, tax advice and tax minimization methods are only a few of the accounting services a company can receive. Our team of accountants in USA can offer such services through the local advisors in Oregon.

Oregon economy facts

According to the latest statistics, Oregon is the 25th wealthiest American state, due to a flourishing GDP (Gross Domestic Product), a low rate of unemployment and prolific industries. Salem is the capital of Oregon and an important business and financial center that sustains the trading operations in all productive fields. Portland, Eugene, Ashland, Medford, Bend, Beaverton and Hillsboro are a few of the well-developed cities in Oregon that are open for business. Oregon is known for its large production of hazelnuts, being the fourth largest producer in the world.

If you would like to know more about how to register a company in USA, including Oregon, we invite you to contact our team of company formation representatives in USA at any time.