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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.
Online filings: In total, online filing approvals for Arkansas LLCs take 3-7 business days. Since you can download your documents as soon as they're approved by the Secretary of State, there is no extra transit time.
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.
Arkansas Business License and Permit Requirements As a business owner, it's your responsibility to make sure you have the proper state, federal or local business licenses to operate your Arkansas LLC. Some of the associated fees only need to be paid once, while others are ongoing charges.
Yes, you can be your own registered agent in Arkansas. With that said, however, after considering the registered agent requirements most business owners elect to hire a registered agent service instead.
How long does it take to get a business license? Getting a business license can take anywhere from a few days to months. Along with your business type, your jurisdiction determines how long it will take to get a license. Some states can grant business licenses within a week, while others may take three to four weeks.
How long does it take to complete a filing with the Corporations Division? The Division completes most filings such as articles of incorporation, amendments, mergers or dissolutions within two business days of receipt.
Domestic Corporation Name of Official DocumentForm #Online FeeArticles of IncorporationDN-01$45.00Application for Reservation of a Corporate NameRN-06$22.50Notice of Transfer of a Reserved NameTRN-06$22.50Certificate of Amendment (new code-no shares exchanged)DN-07$45.0018 more rows