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Interesting Questions
LLC name withdrawal in Arkansas refers to the process of officially removing a Limited Liability Company's (LLC) name from the state's records, indicating the company's intention to no longer operate under that name.
There can be several reasons for withdrawing an Arkansas LLC name, such as when the company undergoes a name change, merges with another business entity, or ceases its operations entirely.
To initiate the LLC name withdrawal process in Arkansas, you need to submit a completed 'Application to Withdraw an LLC' to the Arkansas Secretary of State along with the required filing fee. The application must include the current LLC name, its Arkansas identification number, and a statement of the reason for withdrawal.
The filing fee for LLC name withdrawal in Arkansas is $25. This fee is payable to the Arkansas Secretary of State and should be included with your withdrawal application.
Yes, the Arkansas Secretary of State provides an online portal called 'Arkansas Secretary of State - Business and Commercial Services' where you can submit your LLC name withdrawal application online. However, you can also submit it by mail or in person.
No, there is no specific deadline for LLC name withdrawal in Arkansas. However, it is advisable to withdraw the name as soon as possible once the relevant circumstances arise, such as a name change or company dissolution.
Once your Arkansas LLC name withdrawal is approved and processed by the Secretary of State, your company's name will be removed from the state's records. It will no longer be considered an active entity under that name.
No, in Arkansas, there is no requirement to publish any notice or advertisement after LLC name withdrawal.
Generally, after withdrawing an Arkansas LLC name, it becomes available for use by other businesses. If you plan to use the same name for a future LLC, it is recommended to check for its availability before filing any new formation documents.
Continuing to conduct business using a withdrawn Arkansas LLC name may result in legal complications as the name would no longer be recognized as an active entity by the state. It is best to update all relevant records and operate under the current and legally registered name.
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