Sun Corporate Filings can help you form a Arkansas corporation with the Arkansas Secretary of State on an expedited basis. To form a corporation in Arkansas or form a Arkansas subchapter S corporation, you must file the Arkansas Articles of Incorporation with the Arkansas Secretary of State. Sun can incorporate your Arkansas S corporation or register your C corporation in Arkansas so you can spend your time focusing on your Arkansas corporation's success.
We can form a Arkansas general stock corporation or a Arkansas Subchapter (Arkansas S Corp.) corporation for you at a low cost. Let us make the Arkansas incorporation process quick and painless for you by preparing and filing the Arkansas Articles of Incorporation with the Arkansas Secretary of State on your behalf.
To form a Arkansas corporation online, click here to see the costs and time turnaround options for Arkansas corporations. Questions? 888 595-2747
How do I form a Arkansas Corporation?
There is no need to ask, "How do I form a Arkansas Corporation?" because we know how to incorporate in Arkansas form start to finish. First, we check corporate name availability with the Arkansas Secretary of State. Second, we prepare the Arkansas Articles of Incorporation. Third, before we form the Arkansas corporation, we verify that the Articles of Incorporation are free of errors. Fourth, we file the Articles of Incorporation with the Arkansas Secretary of State. Fifth, when the Arkansas Secretary of State files the Arkansas Articles of Incorporation, we will return the filed document to you. We make forming a corporation in Arkansas simple and fast!
What are the advantages of forming a Arkansas Corporation?
There are many advantages of forming a Arkansas corporation. To begin with, there is the protection of the "corporate veil" that provides limited liability to the owners (shareholders). The shareholders are not personally liable for debts and obligations of the corporation. They can personally lose only to the extent of their investments in the Arkansas corporation form purchasing stock. Since the Arkansas corporation is an independent legal entity, the Arkansas corporation has continuous existence. It does not cease to exist simply because one of the shareholders dies or retires. In addition, corporations are the most well known and widely recognized type of business entity. Corporations often have an easier time setting up insurance, retirement funds, profit-sharing, pension, and stock option plans than other business entities.
When you form a Arkansas corporation, the owners (shareholders) are not personally liable for the debts and obligations of the Arkansas corporation. Ownership in a Arkansas corporation is more easily transferable than other business entities. Under most circumstances, shares of stock can be sold without restriction to a third party without having to obtain consent from the Arkansas corporation itself. Another advantage of forming a Arkansas corporation is that capital can be raised more easily than other forms of business entities through the sale of stock.
How do I obtain an EIN or Employer Identification number or Tax Payer ID number for my Arkansas Corporation?
After we form a Arkansas corporation on your behalf, we offer supporting services. We can obtain an employer identification number (an EIN) for your Arkansas corporation. An EIN is required to open a bank account, hire employees, and to start business credit for your Arkansas corporation. If you purchase our Arkansas premium package, EIN obtainment is included for your Arkansas corporation.
How do I form a Arkansas S Corporation?
If you want to form a Arkansas S corporation or Arkansas sub chapter S corporation, we can prepare the form required to obtain S corporation status with the IRS. It is important to understand that your Arkansas S corporation starts as a general stock corporation (C corporation). To obtain or to form a Arkansas S corporation, you must file for subchapter S status with the Internal Revenue Service (IRS). Forming a Arkansas S corporation simply means the corporation is taxed like a partnership or LLC with a pass through tax structure. Make sure to check with your accountant or the IRS for limitations or read about Arkansas C corporations below. By obtaining S corporation status in Arkansas, it eliminates double taxation and the corporation generally does not file a tax return. On their tax return, the Arkansas S corporation's shareholders include their share of the Arkansas Corporation's separately stated items of income, deduction, loss, and credit, and their share of non-separately stated income or loss.
What are the advantages of a C Corporation in Arkansas?
Generally most people form Arkansas C corporations that plan on publicly trading the corporation's stock. Since Arkansas S corporations cannot have more than 75 shareholders, choosing to maintain a Arkansas C corporation allows for 76 shareholders or more. A Arkansas C corporation can have multiple classes of stock such as preferred and common shares. A Arkansas C corporation will be double taxed since both the corporate entity and the individual owners have to file tax returns. For this reason alone, many will find Arkansas S corporations desirable. However, a Arkansas S corporation can only be owned by individuals that are U.S. citizens or registered aliens, issue only one type of stock, and are limited to no more than 75 shareholders.
To form a Arkansas corporation online, click here to see the costs and time turnaround options for Arkansas corporations.
How do I obtain or prepare corporate bylaws for my Arkansas Corporation?
Often times, you can hire an attorney or paralegal to prepare the corporate bylaws for your Arkansas corporation but that could be very costly. If you purchase our premium package, Sun will prepare the initial bylaws (standard language) for your Arkansas corporation and include meeting minutes (MS Word format) that you can prepare as needed.
What are the corporate bylaws and why are they so important for my Arkansas corporation?
The corporate bylaws serve as a blueprint for your Arkansas corporation The bylaws contain the rights, privileges, and powers of the officers, directors, and shareholders. Most Arkansas bylaws contain the number of directors and their names. Arkansas bylaws also contain the names of the officers for the titles: President, Vice-President, Secretary, and Treasurer/Chief Financial Officer (CFO). The bylaws normally outline how the bylaws can be amended or changed at a future date.
Another important part of Arkansas corporation bylaws is to create "rules" on how the Arkansas corporation can open a bank account, take out loans, write checks, enter into contracts, obtain business credit, and issue stock certificates to its shareholders. Most Arkansas bylaws will reference a list of shareholders in alphabetical order that includes Arkansas shareholder's names, addresses, titles held with the Arkansas corporation, and the amount of shares the shareholder owns in the Arkansas corporation.
What is a Arkansas corporate seal?
After the Arkansas corporation prepares its bylaws or has Sun prepare the bylaws, the Arkansas corporation will need a corporate seal. What is a Arkansas corporate seal? A corporate seal is a handheld device that imprints paper with the corporation's name, state of formation, and date the Arkansas corporation was formed. Many banks and other lending institutes require Arkansas corporations to possess and use a corporation seal on business documents or loan papers. All Arkansas corporation kits that Sun sells contain a handheld corporate seal embosser.
What is a Arkansas corporation kit?
The Arkansas corporate kit is typically a hardbound binder that contains all of the Arkansas corporation's important documents such as the Arkansas Articles of Incorporation and bylaws. All the Arkansas corporation kits that Sun sells include having the Arkansas corporation's name hot stamped (professional imprint of the Arkansas corporation's name) on the spine. Most Arkansas corporation kits come with a slipcase to keep the binder safe. Some corporate kits are made with a slipcase built in. The choice is yours.
Another important part of a Arkansas corporate kit is stock certificates. All of the Arkansas corporate kits that Sun sells contain 20 custom stock certificates that include the Arkansas corporation's name, the amount of shares, the par value the corporation is authorized to issue, and
the title of President and Secretary below the signature lines. If you have already formed your Arkansas corporation, you can order a Arkansas corporate kit by clicking here. We have a selection of high quality kits that come in array of styles and colors. Best of all, standard shipping is always free.
Now that you have formed your Arkansas corporation, obtained your EIN from the IRS, decided upon whether to elect S corporation status or remain a C corporation, prepared the Arkansas bylaws, issued shares of stock, and used your seal embosser, it is time to verify which local city and/or county tax licenses your business will need. The best place to start is your city hall or county recorder's office. Take the time to verify your areas business licensing requirements. For those of you who plan to run your Arkansas corporation out of your home, check with your city or county to find out if a work at home permit is required. Once your licensing requirements are met, it is time to start operating your Arkansas corporation.
To form a Arkansas corporation online, click here to see the costs and time turnaround options for Arkansas corporations.
We wish you the best with your Arkansas corporation business venture! Questions? 888 595-2747