Business Formation / LLC Arkansas

How Much Does It Cost to Start an LLC in Arkansas?

Forming an LLC in Arkansas is both affordable and straightforward. Below are the essential and optional expenses you'll encounter when establishing your business:

📝 Initial Formation Costs

• Articles of Organization – $45 (online) or $50 (by mail)
  This is the mandatory filing fee to officially register your LLC with the Arkansas Secretary of State.

• Name Reservation (Optional) – $22.50 (online) or $25 (by mail)
  While not required, you can reserve your desired LLC name before filing.

• Registered Agent Service – $0 to $300/year
  You can act as your own registered agent at no cost. Alternatively, hiring a professional service typically ranges from $100 to $300 annually.

• Operating Agreement – $0 to $500+
  Though not legally required, it's advisable to have an operating agreement to outline the management structure of your LLC. You can draft one yourself or seek legal assistance.

• EIN (Employer Identification Number) – FREE
  An EIN is necessary for tax purposes and can be obtained at no cost from the IRS.

🔁 Ongoing Costs

• Annual Franchise Tax – $150/year
  All Arkansas LLCs are required to pay an annual franchise tax of $150 to maintain good standing. 

• Annual Report – Included with Franchise Tax
  The annual report is filed alongside the franchise tax and is due by May 1st each year. 

• Business License (If Applicable) – Varies by City/County
  Arkansas does not have a general statewide business license requirement. However, depending on your business type and location, you may need to obtain local licenses or permits.

🛑 What additional costs am I responsible for?

In addition to our fee, you will be responsible for the costs of some or all of the items below if applicable.

1. Licenses 
   
2. Filing Fees
3. Reports
4. Name Reservations
5. Articles of Organization