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Filing ALLC 126302635 Insurance Arkansas Form
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People also ask
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Does Arkansas have a franchise tax?
A.C.A. § 26-54-101 et al., also known as the “Arkansas Corporate Franchise Tax Act of 1979”, requires all Corporations, LLC's, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax. -
How do I reinstate a forfeited charter in Arkansas?
If your corporation was administratively revoked by the Arkansas Secretary of State, Business and Commercial Services (BCS) you can reinstate any time after the charter was revoked. There is no form to file, you just have to submit your delinquent reports and pay all your taxes and penalties. -
How do I start a small business in Arkansas?
How to Start a Business in Arkansas Choose a Business Idea. Take some time to explore and research ideas for your business. ... Decide on a Legal Structure. ... Choose a Name. ... Create Your Business Entity. ... Apply for Arkansas Licenses and Permits. ... Pick a Business Location and Check Zoning. ... File and Report Taxes. ... Obtain Insurance. -
What happens if you don't pay franchise tax Arkansas?
Failure to pay can result in the imposition of additional fees, penalties and interest, or even revocation of the authorization to do business. Franchise taxes continue to accrue, even for revoked businesses, until the business is dissolved, withdrawn, or merged. -
Do I have to register a DBA in Arkansas?
Is a DBA required in Arkansas? Yes. State law requires that any business that operates with a name that is not its legal business name register a DBA with the Arkansas Secretary of State. -
How much does it cost to file a DBA in Arkansas?
DBA Certificates are filed and recorded in the office of the County Clerk. A person or persons desiring to file a DBA is required to complete the certificate form and sign it before a notary public. The filing fee for this certificate is $25.00. -
How much does it cost to start a business in Arkansas?
Arkansas LLC Cost. Arkansas charges a $45 state fee to form an LLC ($50 by mail). You'll also need to pay $150 every year to file a franchise tax report, and you may have to pay for additional services for your LLC—such as filing a DBA or hiring a professional registered agent. -
Who regulates insurance companies in Arkansas?
The primary mission of the State Insurance Department shall be consumer protection through insurer solvency and market conduct regulation, and fraud prosecution and deterrence.
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