Starting a business in Arkansas costs between $45-270, depending on the business structure. Additional costs include income tax, sales tax, and annual franchise taxes.
Most cities require businesses to be licensed to operate. Licensing rules and costs depend on location and business activity. Meeting local requirements like permits and zoning licenses is also necessary.
Setting Up an LLC in Arkansas
To start up an LLC in Arkansas, there is a $45 filing fee and an annual $150 franchise tax. Additional costs include income tax, sales tax, and federal taxes.
There are also optional costs like reserving an LLC name, as well as fees for foreign LLCs expanding into Arkansas.
Obtaining a Business License in Arkansas
An Arkansas sales tax license costs $50 for initial registration and never needs renewal. The process of obtaining an Arkansas business license can be complex, with costs varying based on the type of business and amount of inventory.
Considering a business-friendly ecosystem, growing industries, and funding opportunities, there are some great cities in Arkansas to start a business.
Registering a Business in Arkansas
Filing fees to register a business in Arkansas vary between $45-50. Additional fees may apply for name reservation. Business-friendly regulations and growth potential make Arkansas an attractive place to register a business.