Arkansas Franchise Tax Report Service & Filing Instructions
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Each year, Arkansas corporations and LLCs are legally required to file an Arkansas Franchise Tax Report. Arkansas nonprofits, LPs, LLPs, and LLLPs don’t have to file a tax report; however, they do need to submit an annual report. All franchise and annual reports must be filed with the Arkansas Secretary of State. Here we provide a helpful guide to assist you in filing your Arkansas Franchise Tax or Annual Report yourself. You’ll find important due dates, filing fees, and answers to any questions you may have along the way.
Need to file in another state? Visit our Annual Report Filing Guide.
How to File Your Arkansas Franchise Tax Report
Follow the steps below to successfully file your Arkansas Franchise Tax Report:
- Determine your filing fee and due date.
- Complete your tax report online or download a paper form.
- Send your report and payment to the Arkansas Secretary of State.
The following instructions will guide you through the process of filing your Arkansas Franchise Tax Report.
Arkansas Franchise Tax Report- Due Dates and Fees
Arkansas LLCs and corporations without stock will pay a fixed amount for their franchise tax. Corporations with stock, however, will pay 0.3% of their total outstanding capital stock OR $150 – whichever is greater.
The chart below breaks down the Arkansas Franchise Tax and Annual Report due dates and filing fees into an easy-to-follow guide.
Arkansas Franchise Tax Fee Schedule |
|||
---|---|---|---|
Business Type |
Cost |
Due Date |
How to File |
Corporations with stock – Franchise Tax |
$150 minimum |
May 1 |
Online or Paper Form |
Corporations without stock – Franchise Tax |
$300 |
May 1 |
Online or Paper Form |
Limited Liability Companies (LLCs) – Franchise Tax |
$150 |
May 1 |
Online or Paper Form |
Nonprofits, Cooperatives, and Religious Corporations – Annual Report |
$0 |
August 1 |
Online or Paper Form |
Limited Partnerships (LPs) – Annual Report |
$0 |
May 1 |
Online or Paper Form |
Limited Liability Partnerships (LLPs) – Annual Report |
$15 |
April 1 |
Online or Paper Form |
Limited Liability Limited Partnerships (LLLPs) – Annual Report |
$15 |
May 1 |
Online or Paper Form |
Late Fees: Arkansas LLCs and corporations (with and without stock) will be charged a $25 late fee. In addition, they will be charged 10% interest on the total amount due. Interest will continue to accrue each year; however, your total penalty will not exceed two times the original amount due. Arkansas LLPs won’t be charged a late fee, but the state will send you a notice of its intent to dissolve your partnership if you fail to file within 60 days of your due date. Arkansas LPs and LLLPs won’t face any late fees or penalties, but they will no longer be considered current with the state. |
Filing Your Arkansas Franchise/Annual Report
The Arkansas Franchise Tax and Annual Report can be submitted online, in person, or by mail. Regardless of what method you choose, you’ll need to visit the Arkansas Secretary of State website.
- On the homepage, click “Franchise Tax/Annual Reports.” You’ll find this link under the heading “Business & Commercial Services.”
- Scroll down the page about midway and click “File Franchise Tax Online” for online submissions OR “File with Paper Forms” for in person or mail filings. BOTH links will allow you to file an annual report OR franchise tax.
- If you decide to file online, you’ll need to enter your Arkansas file number and federal tax ID. To find your file number, you can do an Arkansas business search.
- For paper filings, scroll down the page to find the franchise tax or annual report for your business entity. Then, click “PDF” and the form will immediately open on your screen. Paper forms must be typed or handwritten in black ink.
Here’s all the information you need to include on your Arkansas Franchise Tax Report:
- Your business’s name and mailing address.
- Franchise tax contact information: you can update or change the person or business the state will contact regarding your franchise tax.
- Your business’s federal tax ID number.
- Registered agent information: include their first name and address. If you need to update this information, you may do so on the franchise tax form.
- Your business’s principal address.
- A complete list (names only) of each corporate governor or member/manager.
- Date of formation and state you incorporated in. Corporations (with and without stock) must also include a brief statement of purpose.
- Your business’s real/personal property (stock corporations only). Sections 1-10 are used to calculate your total franchise tax due. You’re going to need to know both your Arkansas real/personal property and your total real/personal property.
- Signature and printed name of a member/manager, president, vice president, secretary, or treasurer.
The Arkansas Annual Report for a nonprofit, LP, LLP, and LLLP requires the following information:
Arkansas Annual Report – Nonprofit
- Name of nonprofit.
- State or country you initially formed your nonprofit in.
- Registered agent information: include their name and physical address in Arkansas. If this information needs to be updated/changed, you can do this on the annual report.
- Principal address.
- Principal officers: include names and addresses.
- Board of directors: include names and addresses.
- Annual report contact information: you can update or change the individual or business the state will contact about your annual report.
- Signature and printed name of an authorized director OR officer.
Arkansas Annual Report – LP and LLLP
- Name of business.
- Physical and mailing address in Arkansas.
- Agent for service of process: include their full name and street/mailing address. You may update this information, if necessary.
- Annual report contact information: you can update or change the individual or business the state will contact about your annual report.
- Foreign entity information: foreign LPs and LLLPs must include the principal street/mailing address, state initially formed in, and any alternate business names used in Arkansas.
- Signature and printed name of authorized officer.
Arkansas Annual Report – LLP
- Name of LLP.
- State your LLP was initially formed in.
- CEO’s street address and email.
- CEO’s address in Arkansas (if different).
- Agent for service of process: include their full name and street/mailing address. You can update this information if needed.
- Annual report contact information: you can update or change the individual or business the state will contact about your annual report.
- Date you qualified your LLP.
- Complete list of partners (names only).
- Signature and printed name of authorized officer.
Online filings can be paid with a credit card or electronic check. There’s an additional $5 fee for credit card payments and $3 for electronic checks.
Hiring Northwest Registered Agent means never worrying about late fees, forgetting to file, or potential penalties. We’ll file your Arkansas Annual Report, so you can breathe easy!
Get Arkansas Annual Report Service Today!
GET STARTEDHow Our Arkansas Annual Report Service Works
With Northwest’s elite Arkansas annual report service (sometimes called “compliance service,”) you can trust that your business will stay compliant and in good standing, so you never have to worry about costly late fees or your company being administratively dissolved.
For $100 plus the state-mandated report fee, we’ll file your annual report. For most non-stock Arkansas businesses, that’s $250 total.
Run your business on your terms by adding or canceling Arkansas Annual Report Service anytime.
- You can sign up for this service by itself or add it on to an existing service. Compliance service is automatically added when you hire us to provide your registered agent service or form your Arkansas LLC, Arkansas corporation or Arkansas nonprofit.
- Once you’ve signed up for compliance service, you’ll pay nothing up front. We’ll send you a reminder at least 90 days before the report is due, and the auto charge your saved preferred method of payment a few days later.
Annual Report Service Benefits
At Northwest Registered Agent, we’re committed to protecting our clients’ privacy. Arkansas Annual Reports are public record, so we’ve designed our annual report service to protect your privacy. Here’s how:
- In order to preserve your privacy, we will list OUR contact information instead of yours on the report.
- Only the minimum required information will be included.
- We will list our IP address – limiting the connection between your cell phone, personal computer, and work computers – this makes it harder for advertisers to follow you.
- We will list our bank and credit card information – not yours.
We believe everyone has the right to keep their information private. That’s why privacy is our guiding principle when we create every service and product.
Arkansas Franchise Tax Report FAQ
Are new businesses required to file initial reports in Arkansas?
No, Arkansas does not require new companies to file initial reports.
Will I be assessed late fees if I don’t file an Arkansas Franchise Tax or Annual Report?
The state will charge your Arkansas LLC or corporation (with and without stock) a $25 late fee. Plus, interest will accrue at a rate of 10% each year you are delinquent. However, the total penalty will not exceed two times the original amount due. Arkansas LPs, LLPs, and LLLPs won’t be charged a late fee, but the state will administratively dissolve your partnership if you are more than 60 days late. Arkansas LPs and LLLPs won’t be charged any late fees. However, the state will no longer consider them current.
What is the processing time for an Arkansas Franchise Tax or Annual Report?
The processing time for an Arkansas Franchise Tax or Annual Report will vary depending on the time of year. However, the state typically takes 3-4 weeks to process reports.
Can any authorized person file an Arkansas Franchise Tax or Annual Report?
Yes! After starting a business in Arkansas, your Arkansas Franchise Tax or Annual Report can be submitted by a partner, member/manager, officer, or someone you hire (e.g.: an attorney or accountant) to file for you. Or, you can hire Northwest Registered Agent to take care of completing and filing the annual report for you!
Does the Arkansas Franchise Tax or Annual Report require original signatures?
Nope! The state will accept copies of original documents and signatures.
Where can I get more information about filing the State of Arkansas Franchise Tax Report?
Arkansas Secretary of State
State Capitol, Suite 256
500 Woodlane Street
Little Rock, AR 72201
T: 501-682-3409
email: [email protected]