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Failure to pay can result in the imposition of additional fees, penalties and interest, or even revocation of the authorization to do business. Franchise taxes continue to accrue, even for revoked businesses, until the business is dissolved, withdrawn, or merged.
The Division completes most filings such as articles of incorporation, amendments, mergers or dissolutions within two business days of receipt.
The State of Arkansas requires all businesses to designate a registered agent so that the State has a reliable means of contacting corporations, LLCs and other entities.
Along with many states, Arkansas does not require every business to obtain a generic business license at the state level. The only statewide permit or license applicable to most businesses is the Arkansas sales tax permit, often called a seller's permit, which registers your business for the Arkansas sales and use tax.
Arkansas calls DBAs ?fictitious names,? and if you want to use one in Arkansas, you're legally required to register the name. A DBA isn't a legal business structure like an LLC or corporation. It's just another name that your business can use instead of its legal business name.
It will take approximately eight to ten working days to process the application. The permit will be mailed to the address listed on the application. The application form, ?Application for Arkansas Business Permit,? is available online at: .
DBA Certificates are filed and recorded in the office of the County Clerk. A person or persons desiring to file a DBA is required to complete the certificate form and sign it before a notary public. The filing fee for this certificate is $25.00.
Limited Liability Company Must file Articles of Organization with the Arkansas Secretary of State. Allow members to manage a company themselves or to elect managers.