Arkansas
Corporate Name Endings
* The name must contain word "corporation," "incorporated," "company," or limited" or an abbreviation; may not contain language stating or implying that the corporation is organized for other purposes; must be distinguishable from names in use by certain other enumerated entities.

  Articles of Incorporation Requirements
Director Information
  • Minimum Number - Not less than three, unless there is only one or two shareholders of record; then the number of directors may be less than three but not less than number of shareholders.
  • Residence Requirements. - No provision.
  • Age Requirements - None.
  • Directors are not required to be listed in the articles of incorporation.
Officer Information
  • The officers are not required to be listed in the articles of incorporation.
Stock Information
  • An increase in shares or par value does not effect initial fees.

  Yearly Requirements
Annual Statements
  • The annual statement, call the Franchise Tax Report is due by June 1.
  • The amount is 0.27% of the proportion of its capital stock multiplied by ratio of corporation's property in Arkansas to its total property. Minimum tax, $50; maximum $1,075,000. Corporations without authorized capital stock, pay $100. No par shares are valued at $25 each.
Income Tax Rate
  • On net income attributable to business in Arkansas: $3,000 of net income, 2%; next $5,000, 3%; next $14,000, 5%; next $75,000, 6%, above $100,000, 6.5%.

For more information on taxes, visit www.ark.org/dfa