Arkansas Business Overview

Your Arkansas Company Formed By:

01:41:21 AM
Corporation
Tuesday
June 27th
LLC
Tuesday
June 27th

Starting a Business in Arkansas

Customers like you choose IncorporateFast.com everyday when forming a new Arkansas LLC or a new Arkansas corporation because of our customer service and experience. Upon placement of your order, one of our knowledgeable staff reviewers will conduct a preliminary name search – noting potential conflicts within Arkansas, prepare and file your articles of organization with the Arkansas Secretary of State, and see that the filing gets approved with as little delay as possible. Once your articles of organization have been filed/approved by Arkansas your new legal business entity has been officially created.

The Basics

Many Arkansas businesses operate as LLCs and corporations to take advantage of tax benefits and limited liability. such business entities are registered with and regulated by the Arkansas Secretary of State.

Doing Business in Arkansas

Business Maintenance

All Arkansas Corporations and LLCs Must File: 

  • Articles of Incorporation or Organization
    File your formation documents with the Arkansas Secretary of State and pay the filing fee.
  • Annual Franchise Tax Reports 
    Arkansas corporations and Arkansas LLCs have to file the Franchise Tax Report by May 1 each year. There is a $100 minimum tax for corporations and a $150 flat fee for LLCs.

Arkansas Secretary of State
State Capitol, RM 256
Little Rock, AR 72201
501-682-1010

Arkansas Business Taxes

Individual Tax Return
LLCs have to file a Partnership Tax Return with the Arkansas Department of Finance and Administration. Members must file the appropriate individual income tax form and pay income taxes from 2.4% to 7%.

Corporate Tax Return
Corporations pay a tax rate of 1% to 6.5% on net taxable income.

Arkansas may be the best state for you to file in if your company is located in Arkansas.  Please consult an attorney or a CPA for any professional advice.  We also provide some other helpful Arkansas info as well.