LLC Cost in Arkansas – How Much to Pay for an LLC

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Perhaps you are hoping to form an Arkansas LLC. People assume how to start an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in Arkansas.

Arkansas LLC Cost of Filing

Here are the costs involved in forming an LLC in Arkansas.

Cost of Filing Formation Certificates

The Arkansas Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the Arkansas Secretary of State

Arkansas Domestic LLC

  • Online Filing costs $45
  • Franchise Tax/Annual Report filing costs $150
  • Name Reservation Fee costs $25
  • By mail: Fill out the Application Form PDF, and submit it to the following address: Arkansas Secretary of State, 1401 W. Capitol, Suite 250, Little Rock, AR 72201, costs $50

Arkansas Foreign LLC

  • Online Filing Costs $270
  • Franchise Tax/Annual Report filing costs $150
  • Name Reservation Fee costs $25 (online)

By Mail: Fill out the Application form PDF, and submit it to the following address: Arkansas Secretary of State, 1401 W. Capitol, Suite 250, Little Rock, AR 72201, costs $300

Visit the Official Arkansas Secretary of State website to learn more about the LLC Filing Fees.

Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue in doing so.

Arkansas LLC Formation Service or Registered Agent Fee

You need a registered agent to form an LLC in Arkansas, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.

LLC Service

Our Rating & Pricing

Top Features

Learn More

#1 TOP PICK

$49 + State Fees

  • 1 year free agent service

  • Multiple options available

  • CPA assessment records

FAST SERVICE

$299 + State Fees

  • Fast service

  • Resource center

  • Flat Rate for all services

$399 + State Fees

  • 1 year free agent service

  • Digital storage

  • Different types of plans

Business Permits and Licenses 

The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Arkansas Department of Revenue for regulatory boards or agencies requiring licensing. 

Arkansas LLC Taxes to be Paid

Arkansas State Income Tax

The State Tax in Arkansas varies between 1.125% to 6.925% depending on the total amount of taxable income. This tax is levied on any money that you pay to yourself as a business owner.

Arkansas Sales tax

The sales tax varies from county to county in addition to the standard sales tax at the rate of 6.5%.

Federal Self-Employment Tax

The Self-employment tax is imposed on any profit that you draw from your LLC business in the State of Arkansas. The current rate is 15.3%.

Employer Payroll Tax Withholding

The employers operating their business in the State of Arkansas must withhold payroll tax from their employees at the rate of 7.65% of their taxable salary.

Cost Comparison Among States

Every state has different costs of filing for an LLC to their respective State Authorities. If you wish to gain a better understanding of the costs of opening an LLC in a different state in comparison to Arkansas, read the table below:

StateFiling FeeAnnual Fee/Biennial FeeSales tax
Arkansas LLC$45 (online)$50 (mail)$150 (annual)6.5% + local county rates
Missouri LLC$50 (online)$105 (mail)None7.18%
Tennessee LLC$300$300 (annual)7% + local county rates
Louisiana LLC$100$35 (annual)4.45%
Oklahoma LLC$100$25 (annual)4.5%

Arkansas is one of the smaller states west of the Mississippi River. It has diverse landscapes. The State has witnessed significant economic growth and is ranked highly in food processing units. Other major sectors include health care, education, and infrastructure.

Other Costs

F.A.Qs

Can I start an LLC for free?

It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed. 

Is an LLC expensive?

It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.

Does an LLC need a bank account?

The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.

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