Termination Letter For Insubordination With Staff
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How to fill out Termination Letter For Insubordination?
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FAQ
Corporations that are in a revoked status endanger their corporate protections and are barred from many corporate activities. Revocation occurs for failure to comply with all franchise tax obligations. The most common reason is the failure to pay its annual franchise tax.
You can easily change your Arkansas LLC name. The first step is to file a form called the Certificate of Amendment with the Secretary of State and wait for it to be approved. This is how you officially change your LLC name in Arkansas. The filing fee for a Certificate of Amendment in Arkansas is $22.50.
If your corporation was administratively revoked by the Arkansas Secretary of State, Business and Commercial Services (BCS) you can reinstate any time after the charter was revoked. There is no form to file, you just have to submit your delinquent reports and pay all your taxes and penalties.
Failure to pay can result in the imposition of additional fees, penalties and interest, or even revocation of the authorization to do business. Franchise taxes continue to accrue, even for revoked businesses, until the business is dissolved, withdrawn, or merged.
To amend your Arkansas articles of incorporation, file a Certificate of Amendment with the Arkansas Secretary of State, Business and Commercial Services (BCS). There are separate Arkansas corporation amendment forms for corporations under the old and new codes. Make sure you have the right form for your needs.
However, if your LLC fails to pay the Arkansas Franchise Tax, your LLC will be revoked. While you can't revive a business in Arkansas, you can bring one back into good standing. To do so, you'll simply need to file and pay all past due Arkansas Franchise Tax Reports.
A.C.A. § 26-54-101 et al., also known as the ?Arkansas Corporate Franchise Tax Act of 1979?, requires all Corporations, LLC's, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax.
