Arkansas International Distributor Candidate Questionnaire

State:
Multi-State
Control #:
US-TC0514
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This is a questionnaire for prospective distributors of software products. It asks for details about past distributor relationships of the company, description of the company's facilities, projected revenues form the pending distributorship, and all other relevant information.

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FAQ

(Small Businesses) 1. The business must be registered with the Arkansas Secretary of State. 2. The business must elect Subchapter S treatment for federal income tax purposes by filing an Election by Small Business (Form 2553) with the IRS.

In Arkansas, you can establish a sole proprietorship without filing any legal documents with the Arkansas state government. Though no action is required to legally create a sole proprietorship, you should follow four simple steps to start your business: Choose a business name.

Arkansas standard deduction for tax year 2021 is $4,400 for married filing jointly and $2,200 for all other filers.

Along with many states, Arkansas does not require every business to obtain a generic business license at the state level. The only statewide permit or license applicable to most businesses is the Arkansas sales tax permit, often called a seller's permit, which registers your business for the Arkansas sales and use tax.

Arkansas charges a $45 state fee to form an LLC ($50 by mail). You'll also need to pay $150 every year to file a franchise tax report, and you may have to pay for additional services for your LLC?such as filing a DBA or hiring a professional registered agent.

Two Ways to Start A New Business in Arkansas Define your business concept. Draft a business plan. Choose a business name. Fund your startup costs. Choose a business structure. Register your business with the Arkansas Secretary of State. Get your business licenses. Set up a business bank account.

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Arkansas International Distributor Candidate Questionnaire