Registrations, Licenses and Permits

First, you want to ensure your business is formed and operating legally.  One of the first considerations is whether to incorporate your business and selecting the appropriate legal structure.  For a description of the pros and cons of the different types of business entities, go to Arkansas SBTDC's guide to types of business.  It is always a good idea to review your proposed business structure with the appropriate legal or accounting professionals to ensure you make the best decision regarding your business entity and any tax elections.  

• Once you've decided on a legal structure, you'll need to file the paperwork to form your business with the Arkansas Secretary of State or in your location.  Most business formations and annual filings in Arkansas can be conducted online.  For more information on forming a business and annual filing requirements in Arkansas, contact the:
  

Secretary of State Business/Commercial Services Division
1401 W. Capitol Ave., Suite 250
Little Rock, AR 72201, 501-682-3409.  

• Many small businesses need an Employer Identification Number (EIN) from the IRS.  An EIN is an indentifier similar to a person's social security number assigned by the IRS.  For more information on EINs, click on the link through Arkansas SBTDC's website.  You can also apply for an EIN using the link to the IRS on this page.  

• Contact your city's business license department to see if you need any licenses or permits to operate in that location.  You should also check with your city or county and review any applicable zoning laws and restrictions that may apply to your proposed business location.

• Many industries have industry specific permitting or reporting requirements.  To find information for the appropriate officials regarding local permits and registrations, click on Industry Licenses to find out if your industry has additional requirements.  

• Some business activities require a professional or occupational license in order to provide goods or services.  Click on Occupational Licenses or Professional Licensing for a guide.  

• New businesses should review whether they need liability or hazard insurance coverage to protect it once operations begin.  A reputable insurance broker or agent will review your business plan with you and recommend coverage that you may need or be required to have for your activities.

• The Arkansas SBTDC has developed Steps to Starting a Business that may also be helpful.