Arkansas Business Entity Name Reservation & Naming Requirements Guide

Arkansas (AR) State ShapeSuppose ‘Andy‘ wants to start a business in Arkansas. Out of excitement, he starts searching for the perfect business name for his business. And after lots of ideation, he finally selects the perfect name for his business.

He visits the Secretary of State website and starts the business formation process. But his excitement is short lived. Do you know WHY!!!

Because for forming a business, there are a number of documents required to be filled like filing articles of organization, operating agreement etc. And poor ‘Andy‘ does not have the documents ready.

So now what?

Will ‘Andy‘ lose his chosen business name? No! For such scenarios business name reservation comes in handy.  All ‘Andy‘ needs to do is file for business name reservation and pay a small amount of $25 to reserve the name.

This protects the business name from being registered by someone for a period of 120 days and by that time ‘Andy‘ can prepare for business formation. Also, the business name reservation can be further renewed and transferred to someone else.

Arkansas Business Entity Naming Requirement for LLCs and Corporations

Arkansas Secretary of State has mandated certain business naming rules and regulations, which every business adhere to. So while choosing the business name, you’ve to account for these rules.

The business name must be unique and distinguishable from any existing business entity name registered with Secretary of State. Also any difference in grammar, similarly sounding business name, or using stop words does not make the business name unique and it will lead to the name being rejected.

For example, the following names are not distinguishable:

  • Justin Plumber LLC vs The Justin Plumber LLC
  • Mango Farm LLC vs Mango Farms LLC
  • Jake & Mary Corporation vs Jake and Mary Corporation

Required suffix in the business name:

LLC Naming requirements
Must end with either “Limited Liability Company”, “Limited Company”, “L.L.C.”, “L.C.”, “LLC”, “LC”, “Limited”, “Ltd.”, “Company” or “Co.”
Corporation Naming requirements
Must end with either “Corporation”, “Company”, “Incorporated” or an abbreviation of one of such words.
Prohibited Words
  • Language stating or implying the entity is formed for an impermissible purpose.
  • Certain words such as college, bank, insurance etc are restricted to use without approval from the concerned board.

How to Check for Business Name Availability in Arkansas

Now that you’re aware of the rules and regulations that you must follow while naming the business, let’s proceed with the actual name selection.

Arkansas SOS provides an online tool to check for business name availability. You can use this tool to find and research name for your business. We have written an in-depth tutorial on how to use the business name search tool here.

How to File for Business Name Reservation in Arkansas

Business name reservation can be done over Mail or Online. We recommend filing it online as the process is instant. 

Online

  1. Open Arkansas SOS online name reservation page – Link.
  2. Select filing act as 1003 of 1993.
  3. Enter the business name you would like to reserve.
  4. Fill in the contact information and accept the agreement.
  5. Complete the payment of $22.50.
  6. The business name you have chosen is successfully reserved.

By Mail

Download FormLink
Fees$22.50
AddressSecretary of State’s Business and Commercial Services Division,
1401 W. Capitol, Suite 250, Little
Rock, Arkansas 72201
Processing TimeAround 5 days after the receipt

  1. Download the name reservation form – Link.
  2. Fill the form with the requested details.
  3. Include the money order or check drawn in favor of “Arkansas Secretary of State“.
  4. Send the filled form to:
    Secretary of State’s Business and Commercial Services Division,
    1401 W. Capitol, Suite 250, Little
    Rock, Arkansas 72201

Contact

For any queries, you can contact the SOS at 501-682-3409 during business hours.


Reference:

Last Updated: 15/01/2019

Leave a Reply

Your email address will not be published. Required fields are marked *