5 Best Arkansas LLC Formation Services 2023 List (Updated)


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Best LLC Formation Service in Arkansas

When you decide to start an LLC in Arkansas, you must thoroughly research and do your homework. Starting an LLC is relatively easy; with professional help, opening an LLC in Arkansas becomes even smoother. You will find many such companies when choosing the best LLC formation service in Arkansas. Surprisingly, every other company will claim to be the best. But who to trust? How do you know who is the best for your business?

LLCBuddy Editors have eased the task for you. We scanned the market and came up with a list of the best LLC formation services in Arkansas. You can compare their services, prices, and other information here before choosing the right one! 

If you do not like reading a long article, you can watch the above video for the complete list of best LLC Arkansas LLC formation services. It is mandatory to choose the best LLC formation service in Arkansas, especially when you want to get rid of any hassle while forming your Arkansas LLC. You may start it on your own, but it will not be a wise decision, as missing out any step or even a small thing can lead to the cancellation of the process.

Best LLC Formation Services in Arkansas

Here is the list of best LLC services available in Arkansas. The best thing about these services is starting your LLC for free. Some of the following services are offering LLC formation in Arkansas at $0. Other than the state fees and charges, you do not have to pay any charges to the service provider. You will get the basic formation package for free. Now, let’s check out the list of best LLC formation service providers in Arkansas-

LLC Service

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#1 TOP PICK

$0 + State Fees

  • Free LLC formation

  • Access to Legal Support

  • Trustworthy and established reputation

$299 + State Fees

  • Flat pricing for all services

  • Basic business filing services

  • A+ BBB Accredited

Below is the list of best LLC formation services in Arkansas we picked for you.

  1. LegalZoom
  2. BetterLegal
  3. TailorBrands
  4. ZenBusiness
  5. NorthWest Registered Agent

LLCBuddy Editorial Team selects these companies through thorough research and market study. It is recommended that you must cross-check all the factors before choosing the right one for your business.

1. LegalZoom

incfile-logo

LegalZoom is one of the service providers in Arkansas that offers free LLC formation services. If you want to avoid spending money to form your LLC, then LegalZoom is for you. It offers various formation packages that include all types of LLC services. Aside from LLC formation, LegalZoom offers C and S corp formation. With over thousands of customers, the company offers basic LLC formation services at $0. 

LegalZoom Plans

  • Basic Package- $0 + State Filing Fees (Tax deduction may be applicable)
  • Pro Package – $249 + State Filing Fees (Tax deductible may be applicable)
  • Premium Package – $279 + State Filing Fees (Tax deduction may be applicable)

Apart from these packages, LegalZoom offers a bunch of add-on services as well. Add-on services include the following-

  • Registered Agent – $299 per year. Available as an add-on and not included in any packages
  • Trademark registration: Assisting with the US trademark application process
  • Copyright registration: Guidance on registering copyrights for creative works
  • Patent services: Support in obtaining utility, design, and plant patents
  • Estate planning: Offering personalized wills, trusts, and power of attorney documents
  • Legal advice: Access to a network of lawyers for consultations and legal guidance
  • Expedited Filing: With an additional $99, you can speed up your filing process.

LegalZoom Pros and Cons

Why You Must Get LegalZoomWhy You Shouldn’t Get LegalZoom
Free LLC formationExpensive add-ons, such as Registered Agent
Trustworthy and established reputationHigher pricing compared to some competitors
Quick turnaround timeLess number of add-on options
Access to legal professionalsSome additional fees not included in plan prices
Customer support available through phone or chatMixed customer reviews

LegalZoom Overview

LegalZoom is one of the oldest companies in USA. This company is a service provider offering LLC formation at $0. It offers three broad packages, Basic, Pro, and Premium. The Basic package costs $0. Though you must pay the Arkansas filing fee while filing the Certificate of Organization with the Arkansas Secretary of State. The filing fee depends on which method, mail, online, or any other method you choose. 

LegalZoom offers vast add-ones like others. Hence, the chances of getting diverse services are comparatively high. The best part about the company is there is an access to legal documents and legal consultation. The registered agent service is a bit expensive. If you want to hire Registered Agent from LegalZoom, you must purchase that service separately, it does not come with any formation plans. 

2. BetterLegal

betterlegal

BetterLegal is a comparatively new company than other competitors. But this company has successfully grabbed a large portion of the market in the United States. Serving in 51 states, BetterLegal has been in business since 2016. Unlike other experienced companies, it does not have a list of packages and plans for LLC formation.

BetterLegal Plans

BetterLegal offers one single plan at a flat $299 + state filing fees. It has a list of add-on services as well. BetterLegal is an online service that started off with a very small team. However, even after being in the business for so long, they didn’t increase their team size much. They have transparent pricing, and no hidden charge exists for any services they provide. 

BetterLegal offers a list of add-on services. Following are the additional services they offer- 

  • Registered Agent service – $10/month or $90/year
  • State Annual compliance services – $10/month or $90/year
  • Permit & License Search Service – $125
  • Amendment & document research – Free with the core formation service package

BetterLegal Pros and Cons

Why You Must Get BetterLegalWhy You Shouldn’t Get BetterLegal
No refund; all sales are finalThe basic package does not include registered agent service
Quick Turnaround timeAdditional charge for EIN
A+ BBB AccreditedThe basic package does not include a registered agent service
Single plan for all incorporation

BetterLegal Overview

Even though the company is called BetterLegal, no attorneys or legal services are available. The company offers a single plan for all types of business formation. Hence, if you are planning to form a corporation, you can pay $299 + incorporation fee ($45 for filing in-person and by mail in Arkansas). It offers comparatively better turnaround time at a reasonable price than other companies. You can file your LLC within 10 minutes with BetterLegal. 

It offers a resource center for new entrepreneurs. They provide guidance to make things easier when it comes to filing your business. Their small team sometimes fails to cater to their customers on time. Reaching out to their customer support team is very difficult. Another disadvantage is it does not have a refund policy. All sales with BetterLegal are final, and at any stage, upon cancelation, no refund is made. However, basic LLC formation and registered agent services are much cheaper in BetterLegal than in other close competitors.

3. TailorBrands

tailore-brands-logo

Do you want to create a brand for your business in Arkansas? Here is the LLC formation service provider, TailorBrands, for you. The company was established in 2015 in New York, and since then, it has offered several incredible services to set up your business. TailorBrands has a single LLC formation plan that starts at $49 a year. You can choose different other add-on services at an additional cost. 

TailorBrands Services

TailorBrands offer a single plan for forming an LLC at $49. There are some basic services that TailorBrands offer, including starting an LLC, filing it, Arkansas name availability search, priority support, and so on. You can use their add-on services as and when required. Add-ons are-

  • Registered Agent Service – $199/year
  • Employment ID Number (EIN) – $99 (one-time pay)
  • Annual Compliances – $299/year
  • Operating Agreement – $29
  • Expedited Filing – $49
  • Business bank account – Free

TailorBrands Pros and Cons

Why You Must Get TailorBrandsWhy You Shouldn’t Get TailorBrands
Low-cost LLC formationNot BBB Accredited
Free business bank accountsNo business domain packages
Hassle-free LLC formationAdditional charges to obtain EIN
Additional services like logo, website, domain

TailorBrands Overview

TailorBrands does not have vast LLC formation packages. Instead, it has a single package that includes the formation of LLCs. The name availability search is unlimited, and you don’t have to pay any additional fees. The state filing fee of $50 must be paid apart from the charges you pay for add-ons. 

TailorBrands offers other business services such as logo making, domain, website, business bank account, merchandise, and other business services. As a small or start-up business, you must go for TailorBrands.

4. ZenBusiness

zenbusiness

ZenBusiness is a Texas-based company that provides services from formation to annual compliance to an LLC. It offers three plans, Starter, Pro, and Premium. The Starter plan starts from $0. That means you can form your LLC for free in Arkansas, though you must pay the state filing fee of $50 to the Arkansas Secretary of State. But, the company charges nothing to form your business in the state. 

ZenBusiness Plans

  1. Starter Plan at $0 + state filing fee
  2. Pro Plan at $199/year + state filing fee
  3. Premium Plan at $299/year + state filing fee

ZenBusiness Pros and Cons

Why You Must Get ZenBusinessWhy You Should Not Get ZenBusiness
100% accuracy rateDoes not form Arkansas nonprofit
Free LLC formation in ArkansasAdditional cost for EIN
User friendly
Standalone Registered Agent services

ZenBusiness Overview

ZenBusiness is one of those top-rated companies that provide business formation in Arkansas at a minimum cost (currently at $0). There is no charge to be paid to the company for forming your LLC in Arkansas. The state filing fee and other necessary fees must be paid, including the registered agent fee. 

ZenBusiness offers three plans, among which the Pro plan is recommended. The Pro plan has everything you need to start an LLC in Arkansas. Obtaining EIN, operating agreement drafting, name search, and all other services are available with the rush filing feature. 

5. Northwest Registered Agent

northwest registered agent

Northwest Registered Agent is a family-owned business based in Spoken, Washington state. The company offers LLC formation, registered agent service, annual compliances, and other business-related services in all 50 states, including Arkansas. It offers LLC formation at $ 39+ state fees and registered agent service at $125 yearly. 

Northwest Plans

Northwest does not have conventional packages. It offers Core, Business maintenance, and business development services. Under these categories, various services are available at a flat rate. Some of the services offered by Northwest in Arkansas are listed below-

  • LLC formation in Arkansas at $39 + state filing fee
  • Registered Agent at $125 yearly
  • Annual report filing at $100 + state filing fee
  • Obtaining EIN at $50
  • Northwest offers National Agent Service. If you operate your LLC Registered Agent in 5 or more states, you can pay $100 + state fees (if applicable) to get a single agent for all states.

Northwest Registered Agent Pros and Cons

Why You Must Get NorthwestWhy You Should Not Get Northwest
DIY Packages for your LLC in ArkansasNot BBB accredited
No plans, flat rate for all servicesAdditional charges to obtain EIN in Arkansas
Purchase only the service you need to form Arkansas LLC.The operating agreement draft is not included in the Core services
Northwest offers standalone Registered Agent service in Arkansas

Northwest Registered Agent Overview

Northwest is one of those service providers that offer DIY packages. Northwest is not for you if you want a wholesome formation package in Arkansas. It does not have conventional LLC formation packages. It is simply like a departmental store for you. You don’t need to buy everything, but the only thing you need. 

Northwest has in-house corporate guides to guide you through the formation process. It offers LLC formation at $39 plus the state filing fee ($50). If you have already formed your LLC in Arkansas and are willing to appoint Registered Agent only, then Northwest can provide a standalone registered agent service at $125 per year.

Northwest offers single flat rates for all services in Arkansas and other states. The best part about the company is it does not outsource any of its services. Northwest offers corporate guides to help you through the steps of LLC formation. 

How to Form an LLC in Arkansas

Arkansas, popularly known as The Natural State, is a business-friendly state with a population of 3,040,207. The Nominal Gross Domestic Product (in millions) of Arkansas is $166,488 according to a 2022 study, which has been said to be increased over the past year. Hence, starting your business in Arkansas will always be a good option. If you choose the state capital, Little Rock, to start your LLC, you might get more tax and other benefits. 

To form an LLC in Arkansas, you need to follow some basic steps, including getting an LLC name, appointing your Arkansas Registered Agent, filing the Arkansas Certificate of Organization, creating Arkansas LLC operating agreement, and finally getting an EIN for filing required taxes. 

You can do that on your own. However, it is always recommended to get a professional person on board to guide you through. These steps are crucial and sensitive. You must complete everything to avoid canceling your formation process. Hence, having a professional LLC formation service for your LLC is better. 

How to Choose the Best LLC Formation Service in Arkansas

It is important to choose the best service for your business carefully. Before you select the best one, make sure you thoroughly research on following points-

  1. Reputation: Look for a company with a good reputation. Check reviews and ratings from previous clients to see how they feel about the services offered.
  2. Experience: Choose a company with years of LLC formation experience. This ensures that they have knowledge of the process and can provide quality services.
  3. Cost: Compare prices between different companies. Choose a company that offers affordable pricing for the services you need.
  4. Customer Service: Ensure that the company has good customer service. They should be responsive, helpful, and willing to answer any questions.
  5. Services Offered: Look for a company that offers a range of services, including entity formation, registered agent services, and ongoing compliance support to ensure your LLC remains in good standing.
  6. Ease of Use: Choose a company with a user-friendly website and easy-to-use online platform. This makes the process of forming an LLC simple and straightforward.
  7. Guarantees: Check if the company offers a satisfaction guarantee or a refund policy. This gives you peace of mind that you are getting the best possible service.

FAQs

What are LLC formation services in Arkansas?
LLC formation services in Arkansas refer to companies or firms that provide assistance in the formation of limited liability companies in Arkansas.
How does LLC formation work in Arkansas?
LLC formation in Arkansas starts with selecting and registering a unique business name with the Arkansas Secretary of State. Then, one must file formation documents and pay a filing fee to receive a certificate of formation.
What are the advantages of LLC formation in Arkansas?
An LLC in Arkansas offers limited liability protection for its members, pass-through taxation, and easy formation paperwork.
What is the cost of LLC formation in Arkansas?
The cost of forming an LLC in Arkansas ranges from $50 to $300 for the filing fee, depending on the type of business entity, the size of the business, and the services offered.
Can I form an LLC on my own in Arkansas?
Yes, you can form an LLC on your own in Arkansas. However, hiring an LLC formation service can make the process easier, faster, and less complicated for you.
How long does it take to form an LLC in Arkansas?
The processing time to form an LLC in Arkansas is typically three to five business days, with expedited or rush services being available for additional fees.
Can I have a foreign LLC in Arkansas?
Yes, you can have a foreign LLC in Arkansas. However, you must first register with the Arkansas Secretary of State and appoint a registered agent in the state.
What is a registered agent in Arkansas?
A registered agent in Arkansas is a person or company appointed to receive legal notices and other legal documents for a business entity in the state.
Can I be my own registered agent in Arkansas?
Yes, you can be your own registered agent in Arkansas if you are a resident of the state and have a physical address in Arkansas to serve as your registered office.
What is a certificate of good standing in Arkansas?
A certificate of good standing in Arkansas is a document issued by the Arkansas Secretary of State that confirms the existence and status of an LLC in the state.
How do I obtain a certificate of good standing in Arkansas?
You can obtain a certificate of good standing in Arkansas by submitting a request to the Secretary of State along with any fees required.
What are annual reports, and do I need to file one in Arkansas?
Annual reports in Arkansas are periodic filings required by the Secretary of State to maintain the status of your LLC with the state. Yes, you need to file annual reports in Arkansas.
What is an Employee Identification Number in Arkansas?
An Employee Identification Number (EIN) in Arkansas is a unique nine-digit number assigned by the Internal Revenue Service (IRS) to identify your business entity for tax purposes.
Can an LLC have more than one owner in Arkansas?
Yes, an LLC can have more than one owner in Arkansas. Multiple owners are referred to as members, and the company can be managed by members or by appointed managers.
What is a series LLC in Arkansas?
A series LLC in Arkansas is a business entity that can have multiple series or cells, each with its own assets, liabilities, and management.
How can a series LLC help me in Arkansas?
A series LLC can help you in Arkansas by providing more asset protection and reducing the cost of setting up and maintaining multiple LLCs.
Can I switch from another business entity to an LLC in Arkansas?
Yes, you can switch from another business entity to an LLC in Arkansas by filing the necessary documents and paying the required fees to the Secretary of State.
Can I dissolve my LLC in Arkansas?
Yes, you can dissolve your LLC in Arkansas by filing the required forms and paying the appropriate fees. The registered agent needs to make sure they get copies of the filing and the certification of notice to do business termination.
What happens to an LLC in Arkansas after dissolution?
After dissolution of an LLC in Arkansas, the business must be liquidated, and remaining assets distributed among members according to their ownership.
What are the filing requirements for an LLC in Arkansas?
Filing requirements for an LLC in Arkansas include registering a unique business name, filing formation documents including the articles of organization, and obtaining an employer identification number (EIN).
Can LLC names change in Arkansas?
Yes, LLC names can change in Arkansas by filing the required form and paying the necessary fees.
How will I know if my LLC name is available in Arkansas?
You can search the Arkansas Secretary of State’s online database for existing business names to determine if your LLC name is available in Arkansas.
What is the minimum number of members required to form an LLC in Arkansas?
There is no minimum number of members required to form an LLC in Arkansas.
Are there residency requirements for forming an LLC in Arkansas?
No, there are no residency requirements for forming an LLC in Arkansas.
What kind of businesses can form an LLC in Arkansas?
Any type of business, including non-profit or for-profit, can form an LLC in Arkansas.
What are some disadvantages of an LLC in Arkansas?
The only real disadvantage of an LLC in Arkansas would be that it may be subject to higher taxes depending on the type of industry, in some instances.
Is it mandatory to publish any notice of LLC formation in a newspaper in Arkansas?
No, it is not mandatory to publish any notice of LLC formation in a newspaper in Arkansas unless explicitly ordered by the court or specific statutes.
What if I want to run a foreign LLC in Arkansas? Can I do that?
Yes, you can run a foreign LLC in Arkansas, but you need to first register and appoint a registered agent in the State of Arkansas.
What is an LLC?
An LLC is a type of business entity that includes the various legal protections of a corporation but is taxed as a partnership.
Why should I form an LLC in Arkansas?
Arkansas provides advantageous tax breaks for LLCs, making it an economical choice for businesses.
Can a single person form an LLC in Arkansas?
Yes, Arkansas allows single-member LLCs.
How much does it cost to file an LLC in Arkansas?
It costs $50 to file articles of organization for an LLC in Arkansas.
How long does it take to file for an LLC in Arkansas?
Generally, it takes about 7-10 business days for the Arkansas Secretary of State to process an LLC filing.
Can I change the name of my LLC once it’s formed in Arkansas?
Yes, you can change the name of your LLC in Arkansas, but certain procedures must be followed.
Do I need an attorney to form an LLC in Arkansas?
No, you do not need an attorney to form an LLC in Arkansas, but professional legal intervention often helps.
Do I need an Arkansas address to form an LLC in Arkansas?
No, you do not need an Arkansas address to form an LLC in Arkansas.
What are the tax advantages for LLCs in Arkansas?
LLCs in Arkansas receive favorable tax treatment with no franchise or privilege tax.
What are the limitations on forming an LLC in Arkansas?
The LLC can’t be formed with a name similar to another Arkansas organization or include any restricted terms.
How easy is it to form an LLC in Arkansas?
It is relatively easy to form an LLC in Arkansas, requiring basic information requirements.
How is an LLC taxed in Arkansas?
LLC income is taxed via pass-through taxation, meaning the LLC is not directly taxed but passes income through to individual members who are taxed as income.
Does Arkansas require specific licenses for LLCs?
Depending on the type of LLC business, specific license requirements may be necessary to obtain.
Is an LLC required to have an operating agreement in Arkansas?
No, but strongly recommended to express and define the agreement amongst the LLC Members.
Do you need to file periodic reports for LLCs in Arkansas?
Yes, annual reports must be completed; hence, creating efficient regulation.
Are banks cooperative when applying for a bank account for an LLC in Arkansas?
Yes, while requirements between banks differ according to policy, getting a corporate account for an LLC is more comfortable than ever.
Can foreign nationals file an LLC in Arkansas?
Yes! What you should keep in mind is the tax requirements US law has on LLCs.
Can an LLC be formed for a nonprofit activity in Arkansas?
Yes! Many NGO type of organizations use an LLC formation for secured legal reasons!
How long does it take for regulations to acquire necessary licenses and enrollments for LLCs located in Arkansas?
varies! Depending on what the LLC engages in, registration requirements may take weeks to months.
What happens if I make a mistake on my Arkansas LLC formation paperwork?
Get in touch with your respective formation company that generally offers help with all paperwork issues!
Can you change the capital structure of an LLC in Arkansas once it has been formed?
It’s done through submitting the correct modifications to Arkansas state.
Can your home address be your LLC registered address in Arkansas?
Generally yes if complete address privacy isn’t required.
Do I need an operating agreement for my Arkansas LLC?
While an operating agreement is not required by Arkansas practice, it’s recommended that members plan accordingly with this document.
Should I use a formation service to form an LLC in Arkansas?
if complete safe handling of both paperwork uniques features and statutory tasks is crucial, it’s the process many use.
Can an Arkansas LLC be admitted elsewhere?
An Arkansas LLC company can participate as a foreign entity with many jurisdictions.
Will I need to obtain licenses for things I sell in Arkansas?
It depends on what you’re trading
Is Arkansas a friendly stance towards LLC companies?
Arkansas plays supporters on the road, thus making it a good state option.
Should you obtain Company Insurance when forming an LLC in Arkansas?
Best being safe than sorry in case a unexpected outfall occurs that could have Attorney hidden clauses erupt.

Also Read

Conclusion

Having a professional service to form your LLC in Arkansas is much better than doing it yourself. It is hassle-free, and there is no chance of making mistakes while filing your business. This article lists the best LLC formation services in Arkansas. Before you select one, make sure you compare the price, services, and features properly. 


About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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