How to Form a Corporation, LLC or Partnership in Arkansas

by W. Dean Brown

• ISBN13: 9781879760516
• ISBN10: 1879760517
• Format: Paperback
• Copyright: 1999-11-01
• Publisher: Consumer Publishing Inc

Summary

Forming a corporation, limited liability company (LLC), or partnership is easy with the help of this instructive handbook. Includes full-size fill-in-the-blank state and federal forms, new business checklist, tax-saving strategies, stock certificates, and member certificates. Recommended by SBA Small Business Development Centers and SCORE Offices nationwide. (Legal Reference)

Table of Contents

Introduction: Before We Go	p. 7
In a hurry?	p. 7
Sole Proprietorship, Partnership, Corporation or LLC, Which Is Right For You?	p. 11
The Sole Proprietorship	p. 12
Advantages and disadvantages	p. 12
The Partnership	p. 13
Advantages and disadvantages	p. 13
The Corporation	p. 13
S Corporations	p. 14
S Corporation vs C Corporation	p. 15
Advantages of incorporating	p. 15
Disadvantages of incorporating	p. 17
Limited Liability Companies	p. 19
Advantages and disadvantages	p. 19
Of the four types, which is best?	p. 19
A comparison of business organizations	p. 22
Forming A Corporation	p. 23
A little background	p. 23
In which state should you incorporate?	p. 24
The incorporating process	p. 25
S Corporation election	p. 48
Incorporating an existing business	p. 57
Minutes of Organizational Meeting	p. 63
Bylaws	p. 65
Stock certificates	p. 69
Forming A Limited Liability Company	p. 83
A little background	p. 83
The organization process	p. 85
The operating agreement	p. 95
Member certificates	p. 99
Forming A Partnership	p. 113
The organization process	p. 114
The partnership agreement	p. 115
After You've Organized Your Company	p. 119
Getting a Federal Employer ID number	p. 119
New business checklist	p. 120
Arkansas Forms And Instructions	p. 127
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