One of the first steps you must take if you want to open a business in Arkansas is to register a fictitious business name. A fictitious business name is a name under which your company will conduct business. It is often referred to as a trade name or DBA (doing business as). A step-by-step tutorial for registering a fake business name in Arkansas is provided below.
Step 1: Select a Name You must decide on a name for your company before you can register a fictitious business name. It’s crucial to pick a name that’s distinctive and hasn’t been taken by another Arkansas company. The business name database maintained by the Arkansas Secretary of State can be used to determine whether a name is available.
The second step is to register your name with the Secretary of State’s office in Arkansas after you’ve made your decision. By visiting the website of the Arkansas Secretary of State and completing the Business Entity Search Form, you can do this online. Your name, address, and the name you want to register must be provided.
Step 3: Publish Notice
Following the registration of your name, you must publish a notice of your intention to use the name in a local newspaper in the county where your company is based. For two weeks straight, the notice must be published once a week. You will receive an affidavit of publication from the newspaper, which you must submit to the Secretary of State’s office in Arkansas.
Fourth step: renew your name Your registration for a fictitious business name is good for five years. If you want to keep using the name, you must renew your registration before it expires. What Function Does a Fictitious Name Serve? A fake business name is used to enable a company to conduct business under a name other than its legal one. Businesses who want to build a brand or advertise themselves under a different name may find this handy. Additionally, it enables a company to register a bank account and accept payments using a false identity. In Arkansas, how can I form a sole proprietorship?
You are not need to register with the state of Arkansas in order to launch a single proprietorship. However, you’ll need to acquire all licenses and permits required for your company. If you have workers, you’ll also need to apply for an EIN number. How Can I Obtain an EIN Number in Arkansas? On the IRS website, you can submit an online application for an EIN number. This number serves as your company’s tax identification number.
How Much Does it Cost in Arkansas to Form an LLC? You must submit Articles of Organization to the Arkansas Secretary of State’s office in order to establish an LLC there. This has a $45 filing charge. A $150 filing fee must also be paid for your annual report, which is another requirement.
You must take the following actions in order to receive an Arkansas business license:
1. Choose your business structure and register your company with the Secretary of State of Arkansas. The Internal Revenue Service (IRS) can provide you with an Employer Identification Number (EIN). 3. Register for state taxes with the Arkansas Department of Finance and Administration. 4. Register for unemployment insurance tax with the Arkansas Department of Workforce Services. 5. Request any required licenses and permits from your municipal or county authorities. 6. Obtain any expert licenses or certificates necessary for your company.
7. If necessary, submit a fake business name application to the Secretary of State of Arkansas. 8. Every year, renew your business license.