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The Division completes most filings such as articles of incorporation, amendments, mergers or dissolutions within two business days of receipt.
Two Ways to Start A New Business in Arkansas Define your business concept. Draft a business plan. Choose a business name. Fund your startup costs. Choose a business structure. Register your business with the Arkansas Secretary of State. Get your business licenses. Set up a business bank account.
Arkansas LLC Cost. Arkansas charges a $45 state fee to form an LLC ($50 by mail). You'll also need to pay $150 every year to file a franchise tax report, and you may have to pay for additional services for your LLC?such as filing a DBA or hiring a professional registered agent.
How Much Does a Business License Cost in Arkansas? The Arkansas sales tax permit has a one-time $50 registration fee and does not need to be renewed.
Two Ways to Start A New Business in Arkansas Define your business concept. Draft a business plan. Choose a business name. Fund your startup costs. Choose a business structure. Register your business with the Arkansas Secretary of State. Get your business licenses. Set up a business bank account.
Persons desiring to organize a business entity such as a corporation or partnership in Arkansas must apply to the Arkansas Secretary of State for authority to conduct business or other activities.
Starting an Arkansas LLC requires a $45 fee to file the Arkansas Certificate of Organization with the Secretary of State. Filing this certificate legally creates your LLC. You can file online, or with a paper copy by mail or in person for an additional $5.
Hire a professional auctioneer and hold a public auction. Pay a business broker a fee to sell off your assets. File bankruptcy, in which case the bankruptcy trustee will sell your assets and pay off your creditors with the proceeds. Assign your assets and debts to a company that specializes in liquidating businesses.