Incorporate a Business in Arkansas
CorpNet makes it fast and easy to incorporate a business in Arkansas. You can register your business online or have one of our experienced filing experts assist you.
Save time, enjoy personalized service, and get peace of mind by working with our filing experts who have experience helping entrepreneurs in all 50 states, including Arkansas. We stand by our services with a 100% satisfaction guarantee.
The authority for incorporating in Arkansas is the Corporations Division of the Arkansas Secretary of State. This is the government agency responsible for all forms, filings, and record keeping. It acts under State Authority granted by the Arkansas Business Corporation Act.
The Corporations Division also maintains all corporate filings of record. The types of business structures available are For-Profit and Not-For-Profit Corporations, Limited Liability Companies, Limited Partnerships, and Registered Limited Liability Partnerships.
5 Steps to Incorporate in Arkansas
Choose a Name for the Corporation
Search to make sure your company name is available. You can use the free CorpNet company name search. Your corporate name in Arkansas will have to include one of the suffixes, Corporation (or Corp.); Incorporated (or Inc.) and for limited liability companies, LLC. Arkansas has reserved the words: Bank, Trust, and Engineer/Engineering – these can be used in your name if you have the appropriate certificates and licensing, but otherwise are prohibited. Your corporate name cannot imply a service or business which conflicts with the purpose stated when you register.
Register Your Corporation
Register your corporation (or LLC) with the Secretary of State. CorpNet offers filings of the Articles of Incorporation (for corporate structures) and for LLCs, Articles of Organization.
Hold an Official Meeting
Hold the first official meeting for the corporation or LLC and adopt the Bylaws (corporations) or Operating Agreement (LLCs). This is a legal meeting and must be recorded as such. (See section below about officers and documentation.)
Apply for an EIN
Apply for a Federal Employer Identification Number (EIN) under the corporate name. In Arkansas, this will also serve as your State Tax Identification Number. You will also have to arrange for a bank account under this number for accounting purposes. Your financial institution will want a copy of the EIN as well as a certificate of registration from the Secretary of State.
Obtain Licenses and Permits
Obtain any specific licenses and permits required, either statewide or for the county in which you will do business. Some examples would be: Electrician’s license, trucking licenses and permits, Liquor license, etc.
Foreign and Domestic Corporations
A foreign corporation is a corporation registered in another State that does business in Arkansas. Foreign corporations are required to register in Arkansas and obtain a Certificate of Authority to Transact Business in Arkansas.
Domestic corporations are those formed in Arkansas itself. While there is no residency requirement for directors or officers of Arkansas corporations, a registered agent (who can also be a corporate officer) must have a physical address in Arkansas along with regular business hours. They have to be available to take phone calls and respond to legal matters. Hiring a Registered Agent will protect your privacy and meet the requirements of incorporation in Arkansas.
Officers and Documents
Corporations in Arkansas must have one or more directors whose names and addresses will appear in the articles of incorporation. All must be at least 19 years old.
Corporate officers do not have to appear in filings, but information about officers, stockholders, minutes of required meetings, and annual reports have to be maintained at the corporate offices. Other records required at the principal place of business include a copy of the articles of incorporation along with any amendments.
Common Forms
- Articles of Incorporation – This is the main document that creates and registers a corporation in the State. They type and purpose of the corporation must be stated, the directors must be named and the registered agent listed.
- Application for Reservation of Corporate Name – To ensure a name is available, a name search should be performed at the state level before a request is sent in. There is also a version for Foreign Corporation name reservation.
- Application for Registration of Fictitious Name – This has two versions, foreign and domestic. It allows a corporation to do business under an assumed name.
- Certificate of Amendment – This come in two types, depending on whether the amendment causes shares to be exchanged. It is used to change the articles of incorporation – it cannot be used to change corporation type; for instance, from profit to non-profit.
- Application for Certificate of Authority – Used by foreign corporations who which to conduct business in Arkansas.
- Change of Agent – Because the registered agent is the point of contact between the corporate entity and the State of Arkansas, any change must be documented with the State.
- Franchise Tax Registration – Required filing so that tax forms can be sent.
Forming a Corporation Online
Incorporation in Arkansas can be handled remotely through our services. We offer complete packages that allow you to start your corporation or LLC without missing key steps or documents. This lets you focus on managing your business instead of getting stuck in state-mandated paperwork. Incorporating online is as easy as providing some initial information and deciding which type of corporation best fits your needs. CorpNet is available to help you start a corporation in Arkansas and one-year Registered Agent Services is standard in our packages. We also include unlimited customer support.
