The Business and Commercial Services office of the Arkansas Secretary of State (AR SOS) will be closed beginning at noon on December 30, 2020 and will not reopen until January 4, 2021. Any company wishing to dissolve before the end of the year must do so prior to noon on December 30, 2020.
This closure is required to transfer the administration and collection of all franchise taxes in the State of Arkansas from the AR SOS to the Department of Finance and Administration (DFA). After the transfer to DFA, the first tax report will be due May 1, 2021 for all corporations.
Please contact one of our attorneys for assistance.
Madeline O. McElhanon is an associate in the Finance & Commercial Transactions Practice Group where she advises banking and other corporate clients on transactional, tax, securities and regulatory matters.
Disclaimer: The information included here is provided for general informational purposes only and should not be a substitute for legal advice nor is it intended to be a substitute for legal counsel. For more information or if you have further questions, please contact one of our Attorneys.