LLC Voluntary Dissolution and Closure Packet

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ARKANSAS LLC VOLUNTARY DISSOLUTION AND CLOSURE PACKET

Scope gate. Use only for a consensual, solvent domestic LLC closing. Excludes disputed or judicial dissolution, insolvency or bankruptcy, merger, conversion, series LLC, professional LLC, regulated entities, and unresolved ownership or authority disputes.

Separate systems remain separate. An Arkansas dissolution filing does not itself close federal tax, payroll, license, bank, contract, insurance, or foreign-registration accounts.

1. ENTITY AND ROUTE CHECK

Item Information
Exact LLC name [________________________________]
Arkansas filing number [________________________________]
Formation date [__/__/____]
Registered agent/office [________________________________]
Tax classification ☐ Disregarded ☐ Partnership ☐ S corporation ☐ C corporation ☐ Other: [________]
Proposed dissolution date [__/__/____]
Person leading winding up [________________________________]

☐ State record, formation documents, operating agreement, amendments, and member ledger reviewed.

2. ARKANSAS AUTHORIZATION GATE

Ark. Code Ann. § 4-38-701 permits dissolution upon an operating-agreement event or the affirmative vote or consent of all members. This packet does not cover judicial dissolution.

☐ Attach the operating-agreement event or unanimous member approval.

☐ Governing-document procedures, effective date, and filing authority documented.

Member approval record

The undersigned members approve dissolution of [LLC Name] effective [__/__/____], authorize winding up, and authorize [Name/Title] to submit the Arkansas filings.

Member Interest / voting basis Approves Signature Date
[Name] [____] ☐ Yes ☐ No [________________] [__/__/____]
[Name] [____] ☐ Yes ☐ No [________________] [__/__/____]

3. WINDING-UP PLAN

Ark. Code Ann. § 4-38-702 continues a dissolved LLC for winding up and permits statements of dissolution and termination.

☐ Stop ordinary business except documented wind-up activity.

☐ Inventory and collect assets; inventory liabilities, taxes, claims, guarantees, and contingent obligations.

☐ Preserve records and litigation holds; resolve or provide for liabilities before member distributions.

☐ Apply the operating agreement and Arkansas law to final distributions.

Known-claim log

Claimant Address Basis Amount/status Notice date Resolution/reserve
[Name] [Address] [Basis] [Amount] [__/__/____] [Resolution]
[Name] [Address] [Basis] [Amount] [__/__/____] [Resolution]

Do not improvise a claims-cutoff notice. Use a statutory procedure only after counsel confirms every requirement.

Asset and distribution ledger

Asset / cash source Gross value Costs Liability reserve Net distribution Recipient
[Description] $[____] $[____] $[____] $[____] [Name]
[Description] $[____] $[____] $[____] $[____] [Name]

4. EMPLOYEES, TAXES, AND ACCOUNTS

☐ Final payroll, benefits, wage statements, federal returns, and information returns reviewed.

☐ Arkansas income, sales, withholding, unemployment, franchise-tax, license, permit, and local accounts reviewed separately.

☐ Contracts, insurance, leases, bank, merchant, digital, and other accounts closed or assigned after outstanding items and retention needs are resolved.

5. ARKANSAS FILING PREPARATION

Prepare Statement of Dissolution Form LL-04. The Secretary of State requires the Final Franchise Tax Report to accompany LL-04. As of 2026-07-27, the filing page lists $45 online and $50 paper dissolution fees and a $150 final franchise-tax report amount. Recheck all amounts and the submission route immediately before filing.

☐ LL-04 uses the exact entity name and filing number.

☐ Final Franchise Tax Report completed and included.

☐ Filing acceptance, receipt, effective date, and rejection correspondence retained.

☐ After winding up, counsel determines whether a statement of termination should also be filed under § 4-38-702.

6. FOREIGN REGISTRATION INVENTORY

Jurisdiction Registration number Withdrawal form Tax clearance Filed / accepted
[State/Country] [Number] [Form] ☐ N/A ☐ Required [__/__/____]
[State/Country] [Number] [Form] ☐ N/A ☐ Required [__/__/____]

An Arkansas filing does not withdraw the LLC elsewhere. Complete each foreign-jurisdiction withdrawal separately.

7. FINAL CLOSURE CERTIFICATE

The undersigned certifies that authorization is attached; assets and liabilities were inventoried; liabilities were resolved or provided for before distributions; required filings were accepted; separate tax, account, and foreign-withdrawal work was completed or assigned; and records will be retained at [Location] by [Custodian] through [Date].

Authorized person: [________________________________]

Title/capacity: [________________________________]

Signature: [________________________________] Date: [__/__/____]

SOURCES AND REFERENCES

Statute, form, fee, and tax-filing facts above are verified as of 2026-07-27 and must be checked again immediately before filing.

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Corporate documents govern how a company makes decisions, records them, and handles disputes between owners, directors, and officers. Proper corporate paperwork is what lets a business take advantage of limited liability, pass clean audits, and survive an acquisition or investor review. Skipping formalities like written resolutions and signed consents is one of the fastest ways for a business owner to lose personal asset protection.

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This template is provided for informational purposes. It is not legal advice. We recommend having an attorney review any legal document before signing, especially for high-value or complex matters.

Last updated: July 2026

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