How to Incorporate in Arkansas

What will it cost to incorporate in Arkansas?

$50 Arkansas articles of incorporation filing fee

What are the costs involved in forming an Arkansas LLC?

Arkansas LLC articles of organization will cost $50

Do I need to reserve a name before I can incorporate in Arkansas?

No, Arkansas doesn’t require name reservations. However, when free business name search online to find one.

How long will it take to get my Arkansas incorporation or LLC processed?

It will take the Arkansas Secretary of state about 2 business days to process your Arkansas Articles of Incorporation if you file via paper or online.

What am I going to be looking at for ongoing fees to Arkansas?

The secretary of state business commercial services requires an Arkansas annual franchise tax report every May 1st. Corporations cost a minimum $150 or 3% of value, whichever is greater.
The LLC annual reports are a flat rate $150.

What are the Arkansas business taxes?

When you incorporate in Arkansas, you will subject yourself to corporate net income tax rates of 1-6.5% of your net taxable income. Often a great choice for Arkansas corporations is to elect to be treated as an S corporation so you can pay your business taxes at the personal net income tax rate. Arkansas has a personal income tax rate of 1-7%. It’s is one of the few states that has a higher personal income tax rate than corporate tax rates.

There are also a lot of local income taxes with an average rate of .06%. The average Arkansas sales tax rate is 7.79% (the state has a 6% tax, but the average local tax is 1.79% making a total of 7.79%

You are automatically treated as a C corporation, but you can elect to be treated as an S corporation with the IRS and Arkansas. We can file the S corporation election with the IRS for you, or your CPA can. Arkansas LLCs are automatically taxed on the personal level.

When we incorporate your business in Arkansas, our incorporation service includes:

  • Drafting custom articles for an Arkansas LLC or corporation.
  • The Arkansas incorporator initial resolution for a corporation, or Arkansas organizer if LLC.
  • Ratified Arkansas corporate bylaws, or operating agreement if Arkansas LLC.
  • The state of Arkansas incorporation filing fees.
  • Resident agent service in Arkansas.
  • Our service fees are: $100 Arkansas incorporation service and $125 Arkansas registered agent.

All for a total of only $275 for an Arkansas LLC or $275 for an Arkansas Corporation.