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A C corporation is a business structure that provides maximum flexibility and separation between the personal assets of the owners and their corporation.
Your C corporation will be called something different than your LLC. The name of your business must be available to you, but it also needs to be distinguishable from other businesses in Arkansas. The names of corporations, limited partnerships and limited liability companies may not contain punctuation or abbreviations unless the registered agent for the entity is a law firm.
In order for your name to be available in Arkansas, it can’t include any of the following:
Once you’ve chosen a business name, it’s time to find a registered agent. The registered agent is the person or company that will receive legal documents on behalf of your business. They’ll be responsible for passing along any paperwork, like summonses and subpoenas, as well as handling other administrative duties.
Registered agents are required when forming an LLC or Corporation in Arkansas, but they can also be used by sole proprietorships if they wish to protect themselves against service providers who may cause harm through negligence (like medical malpractice). If you haven’t done so already, choose an Arkansas address where you want your documents mailed—this should be an actual street address rather than a PO Box (which are typically reserved for businesses).
Once your LLC is registered, you can start filing the articles of incorporation for your C Corp. Arkansas does not require any special forms for this process; simply download and print the “Articles of Incorporation” form from the Secretary of State website. Your company’s name must be at least one word, but it can be up to 30 characters long (including spaces). Once you’ve filled out the form and added your information as required on each page, mail it to:
Arkansas Secretary of State Corporation Division PO Box 9062 Little Rock, AR 72203
A C corporation is a business structure that provides maximum flexibility and separation between the personal assets of the owners and their corporation. The corporation itself is responsible for paying taxes and debts, not the shareholders. Shareholders are not responsible for the actions of the corporation or its employees.
Creating a C corporation in Arkansas is not only easy, but it can also save you money. With taxes and regulations becoming more complicated every year, forming a corporate structure for your business is one of the best ways to protect yourself from liability and taxes.
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