Homepage Blank Arkansas Ll 01 Form

Form Properties

Fact Name Details
Form Purpose The Arkansas LL 01 form is used to establish a Limited Liability Company (LLC) in Arkansas.
Governing Law This form is governed by the Small Business Entity Tax Pass Through Act, Act 1003 of 1993, Arkansas Code Annotated § 4-32-202.
Filing Fee A filing fee of $50.00 is required when submitting the LL 01 form.
Signature Requirement The form must be signed by at least one authorized manager or member forming the LLC.

Key takeaways

When filling out and using the Arkansas LL 01 form, consider the following key takeaways:

  • Form Purpose: The Arkansas LL 01 form is used to officially establish a Limited Liability Company (LLC) in the state.
  • Name Requirements: The LLC name must include "Limited Liability Company," "Limited Company," or the abbreviations "L.L.C.," "L.C.," "LLC," or "LC." For professional services, specific terms must also be included.
  • Principal Address: Provide a physical street address for the principal place of business. This must be complete and accurate.
  • Registered Agent: Designate a registered agent and provide their name and physical address. This person will receive legal documents on behalf of the LLC.
  • Management Structure: Indicate whether the management is vested in members or managers. Additional statements can be attached if necessary.
  • Officer Information: Include the name and title of at least one officer of the LLC. Additional pages can be attached if needed.
  • Legal Consequences: Understand that signing a false document with intent to file is a Class C misdemeanor, which may result in fines or imprisonment.
  • Filing Fee: A filing fee of $50.00 is required when submitting the form. Ensure payment is included to avoid delays.

By following these guidelines, individuals can effectively navigate the process of forming an LLC in Arkansas.

Detailed Steps for Using Arkansas Ll 01

Filling out the Arkansas LL 01 form is a crucial step for anyone looking to establish a Limited Liability Company (LLC) in the state. The form requires specific information about the company, its management, and its registered agent. After completing the form, it must be submitted to the Arkansas Secretary of State along with the appropriate filing fee.

  1. Obtain the Form: Access the Arkansas LL 01 form from the Arkansas Secretary of State's website or request a physical copy.
  2. Type or Print Clearly: Ensure that all information is typed or printed clearly in ink to avoid any processing issues.
  3. Company Name: Fill in the name of the Limited Liability Company. Remember, it must include "Limited Liability Company," "Limited Company," or appropriate abbreviations like "L.L.C." or "LLC."
  4. Principal Address: Provide the physical street address, city, state, and ZIP code for the principal place of business.
  5. Registered Agent Information: Enter the name and address of the registered agent, including the physical street address, city, state, and ZIP code.
  6. Management Structure: Indicate whether the management of the company is vested in members or managers. Include any additional statements if necessary.
  7. Officer Information: List the name and title of at least one officer. If more space is needed, attach an additional page.
  8. Sign the Form: Have the person or persons forming the company sign and print their names in the designated spaces.
  9. Filing Fee: Prepare a payment of $50.00 for the filing fee, which should accompany the form when submitted.
  10. Submit the Form: Send the completed form and payment to the Arkansas Secretary of State at the provided address.

After submitting the form, the Arkansas Secretary of State will process the application. Once approved, the LLC will be officially registered, allowing it to operate legally in Arkansas. It is essential to keep a copy of the submitted form for your records and to ensure compliance with ongoing state requirements.

Common mistakes

Filling out the Arkansas LL 01 form can be straightforward, but many people make common mistakes that can lead to delays or complications. One frequent error is not including the required words or abbreviations in the company name. The name must contain "Limited Liability Company," "Limited Company," or the appropriate abbreviations like "LLC." Omitting these terms can result in rejection of the application.

Another mistake is providing an incomplete or incorrect address for the principal place of business. This address must be a physical street address, not a P.O. Box. Ensure that the city, state, and zip code are accurate. A wrong address can cause issues with official correspondence and notifications.

People often forget to include the name and address of the registered agent. This agent is crucial for receiving legal documents on behalf of the company. If this information is missing, the application may be considered incomplete, leading to further delays in processing.

Some applicants fail to clearly indicate the management structure of the company. It is essential to specify whether the management is vested in members or managers. Not providing this information can create confusion about who is responsible for the company's operations.

Lastly, many individuals overlook the importance of signatures. The form requires signatures from the person or persons forming the company. Ensure that all necessary signatures are included, along with printed names. Neglecting this step can result in the form being returned or rejected.

Arkansas Ll 01 Sample

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