Every formal business in Arkansas is required by law to have an Arkansas registered agent. A registered agent receives any official documents from the State of Arkansas, as well as any service of process filed on a firm in a lawsuit.
What Is a Registered Agent in Arkansas?
An Arkansas registered agent is a person or corporate organisation that serves as your company’s point of contact for:All correspondence with the State of Arkansas, such as the Arkansas Annual Franchise Tax
In every litigation, the company receives full service of process.
Every formal company (e.g., LLC, corporation, etc.) in Arkansas is required by law to have a registered agent.In Arkansas
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Can i act as my own registered agent?
Yes, any owner or employee of a company may serve as its registered agent in Arkansas if they are above the age of 18 and have an Arkansas street address.
You might also designate a member of your LLC or a friend you trust, as long as they match these standards as well.
Why Do Companies Use Arkansas Registered Agent Services?
Many firms opt to employ a registered agent service when forming an LLC for the following reasons:
Compliance
A registered agent service keeps a compliance calendar and will notify you when yearly reports or other files are due, as well as assist you in submitting them.
This helps you avoid penalties and maintains your firm in good standing, both of which are necessary to preserve your limited liability protection.
If you do not reply immediately to serving of process, legal complexities, costs, or other concerns may develop. A registered agent will scan your papers, upload them to the internet, and tell you when they are ready.
Privacy
If you operate from home or a private office as your own registered agent, your address will be made public on the Arkansas Business Entity Search.
If your privacy is important to you, a registered agent service will use their own address instead of yours.
Discretion
Receiving service of process for a lawsuit at your place of business may be a delicate circumstance to have in front of your staff and customers.
To circumvent this problem, a registered agent will accept service of process and other papers at their office and deliver them to you discreetly online.
Flexibility
If you are your own registered agent, you must be accessible every working day of the year during regular business hours.
Registered agent services have real offices and people to cover certain hours, allowing them to be accessible during those times.
Hiring a registered agent service enables you to be more flexible with your working hours and locations. Take a vacation, work from home or the office, or travel the globe knowing they’ll be there to collect your documents.
Online Data Storage
A competent registered agent service will scan your papers as soon as they arrive, maintaining a digital record of all your company documents and any service of process on a user-friendly dashboard.
If you employed an LLC creation service, you would most likely also use them as a registered agent. This implies a copy of your formation paperwork will be accessible online as well.
Having all of this information, accessible as PDFs, is very useful when doing things for your company, such as establishing a business bank account, applying for a business credit card, applying for small business loans, and many other activities that need a copy of your paperwork.
National Reach
If you want to grow your company into other states, such as by employing an out-of-state employee or establishing a new sales office, you must have a registered agent for your foreign LLC or other corporation.
The majority of registered agent services are available in all 50 states and Washington, D.C. Simply pay a little fee for the new state in which you operate, and they will transmit all of your paperwork to the same web dashboard.
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A registered agent service normally costs between $50 and $300 each year. When you consider how much time it will save you, this is a little amount to pay.
How Do I Choose an Arkansas Registered Agent?
When you finish your LLC’s Certificate of Organization in Arkansas, you must choose your registered agent. The Certificate of Organization is the primary document used to create an LLC in Arkansas.
Online Registration of a Registered Agent
You may create an LLC online through the Arkansas Secretary of State’s website (a filing fee of $45 is necessary). The following information will be required of your registered agent in the registered agent portion of the online form:
Choosing a Registered Agent by Mail
Download Create LL-01 – Certificate of Organization ($50 filing fee necessary), fill out the appropriate information, and send a physical copy to the Arkansas Secretary of State to form your LLC by mail. Under the Article III area in the centre of the page, you’ll be prompted to give your registered agent’s information: How Do I Change My Registered Agent in Arkansas?
Simply fill out the Notice of Change of Registered Agent form and submit it to the Arkansas Secretary of State to change your Arkansas registered agent. There are no filing costs.
This may be done online or in the mail.
Online
Mail:
Secretary of State of Arkansas
1401 West Capitol Avenue
250 Suite
Little Rock, Arkansas 72201