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How to Form a Corporation in 11 Steps Choose a Business Name. An important first step when starting a corporation is selecting a business name. Register a DBA. Appoint Directors. File Your Articles of Incorporation. Write Your Corporate Bylaws. Draft a Shareholder Agreement. Hold Initial Board of Directors Meeting. Issue Stock.
Answer: If the entitys status is revoked, it means that the organization has not maintained a registered agent and/or did not file the required biennial report with the Corporations Division.
You have to file the appropriate form with the Arkansas Secretary of State, Business and Commercial Services (BCS) to withdraw your foreign business entity from Arkansas. You have to file a paper withdrawal form, you cant apply for withdrawal/cancellation online.
Along with many states, Arkansas does not require every business to obtain a generic business license at the state level. The only statewide permit or license applicable to most businesses is the Arkansas sales tax permit, often called a sellers permit, which registers your business for the Arkansas sales and use tax.
To dissolve your Arkansas corporation, submit a completed dissolution form to the Arkansas Secretary of State, Business and Commercial Services (BCS) by mail or in person. You cannot file Arkansas articles of dissolution online.
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Find Your Arkansas Tax ID Numbers and Rates You can find your Tax ID Number on any previous payment voucher you have received from the AR Department of Finance and Administration. If youre unsure, contact the agency at (501) 682-7290.
If you dont pay your Arkansas Franchise Tax for three years, your LLC will enter revoked status.
26-54-101 et al., also known as the Arkansas Corporate Franchise Tax Act of 1979, requires all Corporations, LLCs, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax.
To amend your Arkansas articles of incorporation, file a Certificate of Amendment with the Arkansas Secretary of State, Business and Commercial Services (BCS). There are separate Arkansas corporation amendment forms for corporations under the old and new codes. Make sure you have the right form for your needs.
File your Articles of Incorporation. Draft corporate bylaws. Draft a shareholders agreement. Hold an initial board of directors meeting.

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