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Arkansas deadlines: franchise tax report for LLCs, franchise tax for corporations

Arkansas LLCs and corporations each have a recurring state filing. LLC franchise tax report: May 1, every year. Corporation franchise tax: May 1, every year.

FactLLCCorporation
FilingFranchise tax reportFranchise tax
DueMay 1, every yearMay 1, every year
First oneFirst due May 1 of the year after formation.First report due May 1 of the year following incorporation - the report covers the preceding year.
Fee$150 flat. Filing online adds a $5 processing fee; filing on paper adds nothing.At least $150 - Arkansas computes the exact tax from your capital stock and in-state assets, with a $150 minimum.
If late$25 penalty plus 10% annual interest; charter forfeiture by Jan 31$25 penalty plus interest; charter revoked if unpaid past year end

How to file

LLC: franchise tax report

File on Arkansas's site

Corporation: franchise tax

File on Arkansas's site

If it is late

LLC. A flat $25 late penalty, plus interest at 10% per year on the unpaid tax. While the report is past due Arkansas accepts no other filings from the LLC, and it can proclaim the charter forfeited by January 31 of the following year.

Corporation. Arkansas adds a $25 penalty plus interest, and revokes charters left unpaid past year end. While the report is past due, the state accepts no other filings from the corporation.

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Frequently asked questions

When is the Arkansas LLC franchise tax report due?

May 1, every year. Due May 1 every year, with no extensions. First due May 1 of the year after formation.

How much is the Arkansas LLC franchise tax report?

$150 flat. Filing online adds a $5 processing fee; filing on paper adds nothing.

What happens if the Arkansas LLC franchise tax report is late?

$25 penalty plus 10% annual interest; charter forfeiture by Jan 31. A flat $25 late penalty, plus interest at 10% per year on the unpaid tax. While the report is past due Arkansas accepts no other filings from the LLC, and it can proclaim the charter forfeited by January 31 of the following year.

When is the Arkansas corporation franchise tax due?

May 1, every year. Due May 1 each year, combined with the annual report - no extensions. First report due May 1 of the year following incorporation - the report covers the preceding year.

How much is the Arkansas corporation franchise tax?

At least $150 - Arkansas computes the exact tax from your capital stock and in-state assets, with a $150 minimum.

What happens if the Arkansas corporation franchise tax is late?

$25 penalty plus interest; charter revoked if unpaid past year end. Arkansas adds a $25 penalty plus interest, and revokes charters left unpaid past year end. While the report is past due, the state accepts no other filings from the corporation.

How do I file and pay the Arkansas franchise tax?

File the Franchise Tax Report and pay the flat $150 tax together, online through the Arkansas Secretary of State's franchise tax portal or on paper by mail. Both are due by May 1 every year; filing online adds a $5 processing fee.

Deadlines in other states