Arkansas Acquisition, Merger, or Liquidation
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FAQ
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.
(Small Businesses) 1. The business must be registered with the Arkansas Secretary of State. 2. The business must elect Subchapter S treatment for federal income tax purposes by filing an Election by Small Business (Form 2553) with the IRS.
