The chart below lists the franchise tax rates for various entities under Arkansas Code 26-54-104.
| Franchise Tax Type | Current Rate |
|---|---|
Corporation/Bank with Stock | 0.3% of the outstanding capital stock; $150 minimum |
Corporation/Bank without Stock | $300 |
Limited Liability Company | $150 |
Insurance Corporation Legal Reserve Mutual, Assets Less Than $100 million | $300 |
Insurance Corporation Legal Reserve Mutual, Assets Greater Than $100 million | $400 |
Insurance Company Outstanding Capital Stock Less Than $500,000 | $300 |
Insurance Company Outstanding Capital Stock Greater Than $500,000 | $400 |
Mortgage Loan Corporation | 0.3% of the outstanding capital stock; $300 minimum |
Mutual Assessment Insurance Corporation | $300 |