Arkansas!

   
   Corporate Name Endings
     * The name must contain word "corporation," "incorporated,"
       "company," or limited" or an abbreviation; may not contain
       language stating or implying that the corporation is organized for
       other purposes; must be distinguishable from names in use by
       certain other enumerated entities.
       
   Articles of Incorporation Requirements
     * Director Information
          * Minimum Number - Not less than three, unless there is only
            one or two shareholders of record; then the number of
            directors may be less than three but not less than number of
            shareholders.
          * Residence Requirements. - No provision.
          * Age Requirements - None.
          * Directors are not required to be listed in the articles of
            incorporation.
     * Officer Information
          * The officers are not required to be listed in the articles of
            incorporation.
     * Stock Information
          * An increase in shares or par value does not effect initial
            fees.
       
   Yearly Requirements
     * Annual Statements
          * The annual statement, call the Franchise Tax Report is due by
            June 1.
          * The amount is 0.27% of the proportion of its capital stock
            multiplied by ratio of corporation's property in Arkansas to
            its total property. Minimum tax, $50; maximum $1,075,000.
            Corporations without authorized capital stock, pay $100. No
            par shares are valued at $25 each.
     * Income Tax Rate
          * On net income attributable to business in Arkansas: $3,000 of
            net income, 2%; next $5,000, 3%; next $14,000, 5%; next
            $75,000, 6%, above $100,000, 6.5%.
       
   For more information on taxes, visit www.ark.org/dfa