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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: .
Here's an overview of the key steps you'll need to take to start your own business in Arkansas. Choose a Business Idea. ... Decide on a Legal Structure. ... Choose a Name. ... Create Your Business Entity. ... Apply for Arkansas Licenses and Permits. ... Pick a Business Location and Check Zoning. ... File and Report Taxes. ... Obtain Insurance.
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.
A limited liability company (LLC) is a business entity that prevents individuals from being liable for the company's financial losses and debt liabilities. In the event of legal action or business failure, liability is assumed by the company rather than its constituent partners or shareholders.
Business corporations, nonprofit corporations, professional corporations, limited partnerships, limited liability partnerships and limited liability companies are formed in Arkansas by filing with the Business Services Division of the Office of Secretary of State.
In Arkansas, you can establish a sole proprietorship without filing any legal documents with the Arkansas state government.
Arkansas-founded Walmart took the top spot on this year's list as the largest company in the United States. The Bentonville retailer has maintained the no. 1 spot on the Fortune 500 list since 2013.