Home › State Guides

Arkansas LLC Franchise Tax Report: $150, Due May 1

Every Arkansas LLC files an Annual Franchise Tax Report with the Secretary of State and pays a flat $150, due on or before May 1. Online filing totals $155 with the $5 processing fee. Miss May 1 and the bill gains a $25 penalty plus daily interest, with revocation proclaimed the following January 31.

By the LLCForming research teamFees checked Nov 8, 2026

The franchise tax report, in one table

Item	Arkansas rule
Form	The Annual Franchise Tax Report, filed with the Secretary of State, Business and Commercial Services, under the Arkansas Corporate Franchise Tax Act of 1979, section 26-54-101 et seq. The tax is administered by the Secretary of State, not by the Department of Finance and Administration.
Who files	All corporations, LLCs, banks, and insurance companies registered in Arkansas. Act 459 of 2023 confirms that corporation in the Franchise Tax Act means any corporation or limited liability company, domestic and foreign.
Amount	A flat $150 for every LLC or professional LLC, online and paper alike. The report form states it directly: all limited liability companies pay $150.
Online total	$155. Online filing is payable by credit card and carries a $5 processing fee. Paper filing carries no processing fee, for $150 flat.
Due date	On or before May 1 each year, for the year ending December 31 preceding the reporting year. The first report for a new LLC is due May 1 of the year following formation.
Extensions	None. The report instructions state that Acts 1046 and 1140 of 1991 eliminated the opportunity to request an extension, and that all reports are due on or before May 1.
Timeliness	The report and payment must be received by close of business on May 1, or postmarked by the United States Postal Service no later than midnight on May 1. Postage meter dates are not acceptable.

There is no separate Arkansas annual report fee hiding behind this one. The franchise tax report is the recurring filing, and the $150 is the whole recurring flat charge for a default LLC.

Late: a $25 penalty plus daily interest, by formula

The 2026 report form, citing sections 26-54-107 and 26-54-114, works a late year out in the open. Start with the original tax due May 1, $150. Add the late filing penalty, $25. Interest then runs on that $175 total at 0.000274 per day for the number of days deficient, which is the daily equivalent of 10 percent per year. Total due is the tax and penalty plus that interest, accruing until it is paid. Paying a few weeks late is a small bill. Letting the year close unpaid is what starts the next section.

Revocation: warning November 1, proclaimed January 31

Under section 26-54-107(b)(2), as amended by Act 459 of 2023, on or before November 1 each year the Secretary of State mails notice that the entity is subject to revocation of its charter for failure to pay the franchise tax. Under section 26-54-111(a), on or before January 31 of each year, the Secretary of State shall proclaim as revoked the corporate charters or authorities of all corporations, both domestic and foreign, that are delinquent in the payment of the annual franchise tax for a prior year, and that rule covers LLCs on the Franchise Tax Act's own definition. Revocation does not stop the meter: franchise taxes continue to accrue, even for revoked businesses, until the business is dissolved, withdrawn, or merged. And under section 26-54-114, any additional Business and Commercial Services filings are prohibited for persons or entities that fail to pay the franchise tax. The Secretary of State's FAQ adds the practical warning: entities in revoked status endanger their corporate protections and are barred from many corporate activities, and revocation commonly occurs when an entity fails to comply with all franchise tax obligations.

Reinstatement: every delinquent report, every tax and penalty, within five years

Under section 26-54-112, as amended by Act 459 of 2023, reinstatement is made after the filing of all delinquent franchise tax reports satisfactory to the Secretary of State and the payment of all taxes and penalties due for each year of delinquency. Where the Secretary of State issued the charter or authority, the Secretary of State reinstates upon payment of all amounts due, and reinstatement is retroactive to the time the authority was declared revoked. Two limits matter. First, reinstatement is not allowed after five years from the date the charter or permit authority was declared revoked by proclamation and the charter was forfeited. Second, there is no extra filing fee to budget for the reinstatement itself: no separate reinstatement fee for an LLC appears on the Secretary of State's LLC Filing Fees schedule, which lists 19 fee items and none for reinstatement. That is stated as an absence on the schedule, and any $150 reinstatement application fee quoted elsewhere was not found on any Secretary of State source.

The other standing duty: the registered agent

An Arkansas LLC must keep a registered agent with a street address in Arkansas, where the agent is located; a post office box or mail drop may not be used. Keeping that record current costs nothing, because a statement of change of registered agent, a notice of change of commercial registered agent, an agent's resignation, and a notice of change of principal office address are all listed at no fee.

Closing an Arkansas LLC: the dissolution filing plus the final report

Ending the LLC deliberately takes a Statement of Dissolution, Form LL-04, for $45 online or $50 paper, stating the LLC's name, the date of filing of the Certificate of Organization and all amendments, the reason for filing, and the actual effective date if different from the filing date. A Final Franchise Tax Report, $150, must be submitted with the dissolution form. Under section 26-54-105(d)(1), every LLC that dissolves shall pay at the time of dissolution the franchise tax for the prior calendar year and the minimum franchise tax for the year in which it dissolved, so a current LLC pays the $150 for its closing year, plus the prior year's $150 if that year is still unpaid, and failure to file the final report with payment will result in the LLC's inability to dissolve or withdraw. That final report is the closing gate in the Secretary of State's own materials, filed with and paid to the Secretary of State; those materials list no separate Department of Finance and Administration clearance certificate as a step in the dissolution filing. A foreign LLC leaves the same way, with a cancellation filing for $45 online or $50 paper plus its own $150 Final Franchise Tax Report, and it must be current on all franchise taxes, including a final report for the current year, before filing. Our dissolution guide covers the wind up order.