Steps to Reinstate a Business in Arkansas
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Determine Outstanding Fees and Taxes
- Check for any outstanding fees, taxes, or penalties to be paid before reinstatement, such as minimum $150 or late filing fees.
- Obtain tax clearance certificate from Arkansas Department of Finance and Administration.
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Reinstating an LLC
- Pay past due Arkansas Franchise Tax reports and all penalties.
- File tax clearance and pay overdue fees with the Secretary of State.
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Contact Information for Reinstatement
- Call the Arkansas Office of Secretary of State at (888) 233-0325 for assistance.
Reactivating Your Arkansas Business
If your Arkansas business is inactive, follow these steps to reactivate it:
- Obtain tax clearance from the Arkansas Department of Finance and Administration.
- File the certificate with the Arkansas Secretary of State’s office and pay any penalties.
- For corporations, file a reinstatement application; for LLCs, pay penalties and fees.
Dissolving Your Business
To dissolve your business in Arkansas:
- Submit a Certificate of Dissolution with business details.
- Ensure all taxes are paid and debts are settled.
- Seek help from professionals for meeting requirements.
What Does It Mean to Reinstate an LLC?
Understand the essential steps for reinstating a business in Arkansas:
- Assess outstanding fees, taxes, or penalties before proceeding.
- Obtain tax clearance certificate from Arkansas DFA.
- File reinstatement application with the Secretary of State and pay penalty fees.