Reasons To Obtain A Local Arkansas Registered Agent
Are you currently residing in Arkansas? Have you ever considered starting an LLC? If you have, you may not fully understand why this would be necessary or even how it could be beneficial for your company. There is another thing that many people do not think about and that is getting a registered agent. This is an individual, or a company, that provides a very specific service for those that are going to have the limited liability company. Prior to doing this, you may also want to think about the type of business you have and whether or not there could be the potential for legal problems. If there are, this would certainly be a wise decision to make. Let’s discuss how you can go about getting your limited liability company set up and why you would need a local Arkansas registered agent.
The Benefits Of Starting An LLC
There are numerous benefits associated with starting a limited liability company. From a general standpoint, it is a designation that conveys authority. Whenever you see a company name, if it has LLC after it, you think that it is something much larger than it may actually be. Second, it is a way of protecting your assets. For example, if you have a job, and you have assets of your own, these could be included in a lawsuit if you are ever sued for things done through your business. However, the LLC will act as a separate entity that provides coverage for your businesses. Once that is in place, you won’t have to worry about that problem. Third, it’s going to protect your employees, as well as your family, who could be involved in a lawsuit that is started. Fourth, it’s a great way to network with other businesses. In the same way that people will look at a limited liability company in a more positive light, so also will potential joint venture partners that you may have coming your way. Finally, it’s all about becoming a more rounded business. For example, you could start another business and place that under the LLC as well. All of these options and more are available to people that started in LLC in Arkansas. Now let’s look at how you get one started.
Starting An LLC In Arkansas
To get one started, your first destination is going to be the Arkansas Secretary of State location, something that is either close to you or it may require you to drive a significant distance. That is why the other option, going to their website, is much more applicable for people in this state. Instead of driving there, simply turn on your computer and get the paperwork that you will need. These are called the Articles of Organization, a form that will have everything that you will need to fill out and submit to start your LLC.
Overview Of The Articles Of Organization
The first thing that you are going to list is the name of your LLC. There are a few caveats to consider. First of all, the name that you choose should be one that is not similar to others that exist in Arkansas. This can be problematic as the LLC could be confused with another business and that could lead to legal problems. Second, you must have a physical address. For example, if you are doing a business out of your home, it’s a good idea to have a separate location for your business that you can list on these papers. Next, you will need to find a registered agent that can represent your LLC for a variety of reasons.
What Is A Registered Agent?
A registered agent is a person or a company that can receive paperwork for you. This is a legal necessity when you are filing a limited liability company in Arkansas. Once you have found one, which is typically going to be the same company that is helping you with this paperwork, you can then move onto the last part of the articles of organization. You need to state whether or not this is run by the manager, or if it is an organizer, they need to sign at the bottom of the paperwork before you turn it in.
After you have paid your fee of $50, or $45 at this is done online, they will then go in for approval. If all of the paperwork is filled out properly, you will be given the option of accepting this and proudly display your LLC paperwork above your desk. You will have this available to protect you, your family, and your workers all because you took the time to get this done. And, if you have a registered agent, you will have the entire process complete so that your LLC will be legal in Arkansas.