Arkansas Business Overview

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. We’ll also include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.

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.
• Beneficial Ownership Information Report
  Nearly all businesses formed by filing with the state of Arkansas must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $25.
• 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.