Registration of company in USA Arkansas

The state of Arkansas is located in the central part of the United States of America. This state is well-known in the world for its popular resort called Hot Springs, as well as the fact that this is native state of William Jefferson Clinton, the second US president. The motto of the state is "The people rule", which fully conveys the main principles of management.

Registration of offshore companies in the state of Arkansas is carried out under the control of the State Secretariat. Today, according to the number of people tending to register company, Arkansas is the first in the United States. The reason for the foregoing is the liberal corporate legislation of the state.

Arkansas is not included in the "black list" of offshore jurisdictions, which means that there are no restrictions on operations with the participation of Arkansas companies. Offshore company in the USA, the state of Arkansas, can conduct business around the world. If the company in Arkansas is managed by non-residents of the United States and does not conduct business in this country, it may not pay taxes and not submit any reporting.

Forms of doing business

It is possible to register company in Arkansas in the following forms:

• Sole Proprietorship;
• General Partnership;
• Limited Partnership;
• Corporation;
• Limited Liability Company (LLC).

Registration of the corporation in Arkansas. Basic provisions

This type of commercial entity is traditional commercial company, which is the second most popular among entrepreneurs, after the LLCs.

There are the following possible endings for the company name:

• Corporation
• Corp.
• Incorporated
• Inc.
• Limited
• Ltd.

There should be at least one director and one shareholder in the corporation.

There are no requirements for the residence of shareholders and directors.

Bookkeeping of the corporation in Arkansas (USA).

Annual return shall be submitted. The report submission date is June 1 of the year following the year of registration.

Taxes for the corporation in Arkansas (USA).

The corporation that has the Employer's Identification Number (EIN) in the United States of America pays tax according to floating rate from 15% to 39%.

The corporation, which owns the EIN, conducts business outside the United States, does not work with residents of the USA, shall pay only annual fee to the registered agent. The company shall pay a state corporate income tax at the rate of 6,5% and a federal corporate income tax at the rate of 21%.

Registration of the LLC in Arkansas (USA). Basic moments.

Nowadays, this form of offshore company in the USA is the most attractive with regard to taxation. This form of company in Arkansas is also modern one.

Personal liability of each owner and managers is limited to their personal contributions. This form of company is registered when the company's activities are not conducted in the USA, and the Americans are not counterparties.

The company can conduct any activity permitted by law.

Banking, insurance and reinsurance activities are subject to licensing.

The company's initial capital shall be declared and there s no minimun amount of the issued capital.

There are the following possible endings for the company name:

• LLC
• Limited Liability Company.

Minimum number of participants is one person. There are no requirements for age and residence.

Company registration takes approximately 30 days.

Bookkeeping of the LLC in Arkansas.

The company in Arkansas with EIN submits reports and pays taxes according to the federal law of the state.

Taxes of the LLC in Arkansas.

The LLC is taxed under the flow-through principle which means that income is passed to the level of shareholders.

If the flow through principle is not implemented, the company pays state corporate income tax at the rate of 6.5% and federal corporate income tax at the rate of 21%, provided, however, that the tax base is only income from the United States.

We will register ready-made company in the USA in the state of Arkansas for you within the shortest time possible. Buying company in the USA in the state of Arkansas is now easier than ever. Registration of company in the USA in the state of Arkansas is one of the simplest and cheapest ways to start legitimate international business. Registration of companies is one of the main directions of our work.