How to File an Arkansas Annual Franchise Tax Report - How to Start my LLC

How to File an Arkansas Annual Franchise Tax Report

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Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

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How to File an Arkansas Annual Franchise Tax Report

How to File an Arkansas Annual Franchise Tax Report

If you have a limited liability company (LLC) in Arkansas, you must file an annual franchise tax report to keep your business in good standing. But don’t worry – it’s a relatively painless process that can be done online. 

This article will tell you how to file your LLC’s annual franchise tax report in Arkansas. 

What Is an Annual Franchise Tax Report?

An annual franchise tax report verifies your business information, allows you to pay your franchise tax, and tells the state of Arkansas that your LLC is still operating. In addition, keeping up with annual reports is a legal requirement that enables you to obtain a Certificate of Good Standing, which a bank or creditor might request to confirm your compliance. 

In Arkansas, the following information is required for the annual franchise tax report: 

How to File an Annual Franchise Tax Report in Arkansas

To file your annual franchise tax report in Arkansas, visit the Secretary of State’s website and enter your file number and EIN. 


Fill in the required information. 

The annual franchise tax is $150, and reports are due May 1.

If You Do Business in Other States

If you do business in other states, be sure to register in those states as a foreign LLC. For example, if your LLC is registered in Arkansas and you start doing business in Florida, you’ll need to register in Florida as a foreign LLC.

You’re generally required to register as a foreign LLC if:

  • You have a physical presence of any kind in that state 
  • You have employees in that state
  • You regularly meet with clients, managers, or investors in that state
  • You are licensed to do business in that state

Once you’ve registered as a foreign LLC, your business must follow the annual reporting requirements of that state and pay taxes in that state. 

In Closing

Filing an annual franchise tax report in Arkansas is relatively easy and crucial to smooth business operations.

Failing to file an annual report can result in serious penalties, as can filing an inaccurate report.

Review all your business information and file your report on time to ensure your LLC remains in good standing.