Incorporation in Arkansas is done through the Business and Financial Services section of the Arkansas Secretary of State. Business owners may wish to incorporate in Arkansas to reduce their personal liability, create an entity that will survive the death of the founder, be able to sell shares (even to non-US citizens) or for other reasons. The types of business entities available include: For-profit and Not-for-profit Corporations, Limited Liability Companies, Sole Proprietorship, General Partnership, Limited Partnership, Limited Liability Limited Partnership, S Corporations, and Commercial Registered Agent.
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. A foreign corporation may also have to apply for a fictitious name as mentioned above. Foreign corporations are required to submit a Certificate of Good Standing from the state they are registered in and will have to disclose the number and par value of any stock that will be owned by residents of 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 (no P.O. box) 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. Residency is not required. Individuals may hold more than one office.
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 principle place of business include a copy of the articles of incorporation along with any amendments.
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.