Fill Out a Valid Arkansas Ll 01 Form Open My Document

Fill Out a Valid Arkansas Ll 01 Form

The Arkansas Ll 01 form serves as the official document for establishing a Limited Liability Company (LLC) in the state of Arkansas. This form is essential for individuals or groups wishing to create an LLC under the Small Business Entity Tax Pass Through Act. By completing and submitting this form, applicants can ensure their company is recognized and compliant with state regulations.

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Contents

The Arkansas LLC 01 form is an essential document for anyone looking to establish a Limited Liability Company (LLC) in the state. This form is not just a piece of paperwork; it lays the foundation for your business by officially registering it with the Arkansas Secretary of State. To start, the form requires the name of your LLC, which must include specific terms such as "Limited Liability Company" or its abbreviations. Additionally, you must provide the principal business address and the name and address of a registered agent who will act on behalf of the company. The management structure of the LLC, whether it will be member-managed or manager-managed, also needs to be specified. Furthermore, the form requires the names and titles of at least one officer of the company. It's crucial to understand that signing this document with false information can lead to serious legal consequences, including fines and potential imprisonment. To complete the process, a filing fee of $50 is required. Additionally, businesses must ensure they are prepared for annual franchise tax reporting by providing relevant contact information. This form is a vital step toward launching a successful LLC in Arkansas, making it imperative to fill it out accurately and completely.

Essential Queries on Arkansas Ll 01

What is the Arkansas LL 01 form?

The Arkansas LL 01 form is used to officially create a Limited Liability Company (LLC) in the state of Arkansas. This form is filed with the Arkansas Secretary of State and includes essential information about the LLC, such as its name, address, and management structure.

What information do I need to provide on the form?

You will need to provide the following information:

  1. The name of the LLC, which must include "Limited Liability Company," "Limited Company," or an abbreviation like "LLC."
  2. The principal place of business address.
  3. The name and address of the registered agent.
  4. Details about the management structure (members or managers).
  5. The name and title of at least one officer.

Are there specific naming requirements for the LLC?

Yes, the name must contain the words "Limited Liability Company," "Limited Company," or the abbreviation "LLC." If the LLC provides professional services, it must include "Professional Limited Liability Company" or similar abbreviations. The name cannot include a non-member's name unless they are deceased.

How much does it cost to file the LL 01 form?

The filing fee for the Arkansas LL 01 form is $50. This fee must be submitted along with the completed form to the Secretary of State's office.

What happens after I file the form?

Once the form is filed and approved, the LLC is officially recognized in Arkansas. You will receive an annual franchise tax reporting form in the mail, which is necessary for maintaining your LLC's good standing.

Do I need a Federal Tax ID for my LLC?

Yes, obtaining a Federal Employer Identification Number (EIN) is important for tax purposes. If you do not have one, you can register for it through the IRS website. This number will be required for various business activities, including filing taxes and opening a business bank account.

What is the penalty for providing false information on the form?

Providing false information on the Arkansas LL 01 form is considered a Class C misdemeanor. This can result in a fine of up to $100 and/or imprisonment for up to 30 days.

Arkansas Ll 01 Example

Arkansas Secretary of State

John Thurston

1401 W.Capitol, Suite 250, LittleRock, AR 72201

501-682-3409 • www.sos.arkansas.gov

Articles of Organization for Limited Liability Company

(PLEASE TYPE OR PRINT CLEARLY IN INK)

The undersigned authorized manager or member or person forming this Limited Liability Company under the Small Business Entity Tax Pass Through Act, Act 1003 of 1993 Arkansas Code Annotated § 4-32-202, adopts the following Articles of Organization of such Limited Liability

Company:

1.The Name of the Limited Liability Company is : _____________________________________________________

___________________________________________________________________________________________

*Must contain the words "Limited Liability Company," "Limited Company," or the abbreviation "L.L.C.,"

"L.C.," "LLC," or "LC." The word "Limited" may be abbreviated as "Ltd.", and the "Company" may be abbreviated as "Co."

*Companies which perform professional service MUST additionally contain the words "Professional

Limited Liability Company," "Professional Limited Company," or the abbreviations "P.L.L.C.," "P.L.C.," "PLLC," or "PLLC," or "PLC" and not contain the name of a person who is not a member except that of a deceased member. The word "Limited" may be abbreviated as "Ltd.", and the "Company" maybe abbreviated as "Co."

2.Address of principal place of business of the Limited Liability Company shall be:

__________________________________________________________________________________________

(Physical Street Address)

(City, State & Zip)

3.The name and address of the registered agent of this company shall be: ________________________________

(Name)

__________________________________________________________________________________________

(Physical Street Address)

(City, State & Zip)

4.The management of this company is vested in members or managers. If you have an additional statement to that effect, you may include the statement in the space provided or by attachment: ________________________

__________________________________________________________________________________________

5.The name and title of at least one officer: (attach additional page, if needed)

Name

Title (Manager, Member or Managing Member)

______________________________________

_______________________________________________

I understand that knowingly signing a false document with the intent to file with the Arkansas Secretary of State is a Class C misdemeanor and is punishable by a fine up to $100.00 and/or imprisonment up to 30 days.

Executed this

day of

,

.

______________________________________________

 

__________________________________________

(Signature of person(s) forming the company)

 

(Typed or printed name)

______________________________________________

 

__________________________________________

(Signature of person(s) forming the company)

 

(Typed or printed name)

Filing Fee $50.00

LL-01 Rev. 12/20

Arkansas Secretary of State

John Thurston

1401 W.Capitol, Suite 250, LittleRock, AR 72201

501-682-3409 • www.sos.arkansas.gov

Limited Liability Company Franchise Tax

Please Type or Print

In order for this limited liability company to receive its annual franchise tax reporting form, please complete and file with the Office of the Secretary of State at the time of filing.

_________________________________

__________________________

Limited Liability Company name as used in Arkansas

Contact person

_________________________________

__________________________

Street address or Post Office Box number

City, State, ZIP

_________________________________

__________________________

Telephone number

E-mail address

______________________________________

Federal Tax ID:

If you do not have a Federal Employer Identification Number, please visit the Arkansas Taxpayer Access Point at atap.arkansas.gov to register for Franchise Tax when it is obtained from the IRS.

IRS link for obtaining a Federal Tax ID: https://www.irs.gov/businesses/ small-businesses-self-employed/how-to-apply-for-an-ein

_________________________________

__________________________

Signature

Title

Rev. 12/20

Other PDF Forms

Dos and Don'ts

When filling out the Arkansas Ll 01 form, it is essential to follow specific guidelines to ensure accuracy and compliance. Below is a list of things you should and shouldn't do.

  • Do type or print clearly in ink to avoid any misinterpretation of your information.
  • Do include the required words or abbreviations in the name of your Limited Liability Company, such as "Limited Liability Company," "L.L.C.," or "LLC."
  • Do provide a physical street address for both the principal place of business and the registered agent.
  • Do ensure that at least one officer's name and title are included, attaching additional pages if necessary.
  • Do review the form for completeness and accuracy before submitting it to the Arkansas Secretary of State.
  • Don't leave any required fields blank; all sections must be filled out as instructed.
  • Don't use abbreviations or terms that do not comply with the naming requirements specified in the form.
  • Don't sign the form without verifying that all information is correct; false information can lead to penalties.
  • Don't forget to include the filing fee of $50.00 when submitting the form.
  • Don't submit the form without a proper signature; all signatories must print their names clearly.

Common mistakes

  1. Failing to include the required words in the company name. The name must contain "Limited Liability Company," "Limited Company," or the abbreviations "L.L.C.," "L.C.," "LLC," or "LC."

  2. Not providing a complete physical address for the principal place of business. Ensure the full street address, city, state, and zip code are included.

  3. Omitting the name and address of the registered agent. This information is crucial for official communications.

  4. Incorrectly identifying the management structure. Clearly state whether the company is managed by members or managers.

  5. Not signing the form. The signatures of the person or persons forming the company are necessary for validation.

  6. Using an outdated version of the form. Always ensure you are using the most recent version of the Arkansas LL 01 form.

  7. Forgetting to include the filing fee. A payment of $50.00 is required when submitting the form.

  8. Neglecting to attach additional pages if needed. If there are more officers or details to include, make sure to attach them.

  9. Not providing a contact person for the franchise tax reporting form. This information is necessary for future correspondence.

  10. Failing to obtain a Federal Tax ID number. This is essential for tax purposes and must be included if applicable.

File Overview

Fact Name Details
Form Purpose This form is used to create Articles of Organization for a Limited Liability Company (LLC) in Arkansas.
Governing Law The form is governed by the Small Business Entity Tax Pass Through Act, Act 1003 of 1993, Arkansas Code Annotated § 4-32-202.
Filing Fee The filing fee for submitting the LL 01 form is $50.00.
Required Name Elements The LLC name must include "Limited Liability Company," "Limited Company," or the abbreviations "L.L.C.," "L.C.," "LLC," or "LC."
Professional Services Companies providing professional services must use "Professional Limited Liability Company" or similar terms in their name.
Registered Agent The form requires the name and address of the registered agent for the LLC.
Management Structure The management of the LLC can be vested in members or managers, as specified in the form.
False Document Penalty Signing a false document with intent to file is a Class C misdemeanor, punishable by fines or imprisonment.