How To Form An Llc In Arkansas

Forming an LLC in Arkansas is easier than ever before thanks to the new online filing options that are available. An LLC is a self-regulatory organization (SRO). The main advantage of an LLC is that it allows a member or owners to maintain their privacy by registering their business under its own name rather than as a sole proprietorship or corporation. An LLC also has more limited liability than a corporation. Unlike a corporation, a sole proprietorship or LLC is not held accountable for the actions of its owners. For this reason, an LLC usually tends to have a lower profile on the radar of public authorities.

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how to form an llc in arkansas

 

how to form an llc in arkansas starts with filling out the forms that are available through your state business bureau. An example of the form is Notice of Dissolution filed by the active owner of the LLC. Other forms include Operating Agreement, Operating Manual, and Memorandum & Articles. Once you obtain all these forms you will need to submit them to the Arkansas Secretary of State. To do this, log onto the internet and visit the website of the Arkansas Department of Commerce and Insurance.

 

How to Form an LLC in Arkansas - Filing with the Secretary of State. Once you have submitted all the forms, they will be reviewed by the Arkansas Secretary of State. The review will inform you on whether your filed business is valid and qualified for registration. If it is, your application will then be forwarded to the registrar who will conduct the necessary documents needed for your LLC to become registered. To file online, simply login to the appropriate website and complete any necessary forms.

How to Form an LLC in Arkansas

 

How to Form an LLC in Arkansas - File an Operating Agreement. Operating Agreement is absolutely necessary if you wish to incorporate a limited liability company in Arkansas. This document outlines various important topics like the names of the LLC, the name of its registered agent, the LLC's DBA under which it will operate, the duration of its operation, and its payment of dues. All the important points regarding the business should be included in the Operating Agreement. Operating Agreement should be filed along with the Articles of Organization.

 

How to Form an LLC in Arkansas - File Annual Franchise Tax Statement. The next step entails the submission of your statement to the appropriate authority. Upon receipt of your statement, the Arkansas Secretary of Revenue will process your application for tax registration. The state fee will be automatically deposited into your LLC's account once your application has been approved.

 

How to Form an LLC in Arkansas - File Online. After you file your statement, the Arkansas secretary of revenue will electronically file your information. This will make processing for tax filing easier for you.

 

How to Form an LLC in Arkansas - Hire a Registered Agent. Once you have filed your annual franchise tax statement, choose a legal business agent. In order to be registered as an LLC, you need to appoint a registered agent. You can choose any individual or any group that can be associated with the names of your LLC.

 

How to Form an LLC in Arkansas by Operating a Entities Unknown. In order to start how to form an llc in Arkansas, you do not need to appoint a registered agent and you do not need to file a statement of organization. Instead, you are allowed to run the business as an unincorporated entity. Just like other businesses, you have to register your business under its own name. However, you do not need to disclose your business's address in public.

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