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.

A business in Oregon is subject to the corporate income tax which is also known as the corporate excise tax. This is applicable to traditional businesses in Oregon with the mention that, if the business profits are passing through you personally, that income will be subject to the taxation of personal incomes. We invite you to talk to our team of company formation specialists in USA and ask for support in company formation in USA, plus information about the tax regime for each state, including Oregon.

What is the corporate income tax in Oregon?

There are two marginal tax rates and the bigger one applies to profits of more than 1%million and that is set at a rate of 7.6% and a flat fee of $66,000. The following table shows information about the minimum tax based on Oregon sales breaks:

Sales & Tax
Between 0$ and $500,000: $150
Between $500,000 and $999,999: $500
Between $1 million and $1,999,999: $1,000
Between $2 million and $2,999,999: $1,500
Between $3 million and $4,999,999: $2,000
Between $5 million and $6,999,999: $4,000
Between $7 million and $9,999,999: $7,500
Between $10 million and $24,999,999: $15,000
Between $25 million and $49,999,999: $30,000
Between $50 million and $74,999,999: $50,000
Between $75 million and $99,999,999 $75,000
For more than $100 million $100,000

We suggest you talk to our company formation agents in USA and find out more about the taxes you need to pay in Oregon. Also, if you are an investor looking to start a business in USA, you may address your questions to our consultants.

What is the sales tax rate in Oregon?

Oregon aligns with the states which do not impose a sales tax, not even a local tax. However, one must observe the statewide income tax that ranges between 5% and 9.9%. We invite you to read the general guide to company incorporation in Oregon and find out information about how you can open a company in this state.

Taxes for LLC in Oregon

The limited liability company in Oregon is considered a pass-through entity, just like the S corporations. This means that the incomes generated by an LLC are taxed in compliance with the personal contribution in the company, or on the part of the shares in the business. However, a minimum excise tax of $150 is applicable to LLCs in Oregon.