Franchise Taxes for Businesses in Arkansas Due May 1 by Arkansas Business Staff Posted 4/30/2014 10:25 am Updated 3 years ago Annual reports and franchise taxes are due by midnight Thursday, May 1, to the secretary of state's Business and Commercial Services (BCS) division. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 15 days. Purchase Now Already have archive access? Login to view this article.