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Captive Premium Taxes & Fees

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Filings & Payments

The Arkansas Insurance Department has mandated the use of OPTins for companies to file and pay premium taxes and fees. Visit OPTins for additional filing information.

In order to provide sufficient detail to support the premium tax return, the pure captive insurance company shall file before March 1 of each year for each calendar year-end pages one (1), two (2), three (3), and eight (8) of the “Captive Annual Statement: Pure or Industrial Insured,” verified by oath of two (2) of its executive officers.

Premium Tax Rates:

If the aggregate taxes to be paid by a captive insurance company calculated under subsections (a) and (b) of this section amount to less than five thousand dollars ($5,000) in any year, the captive insurance company shall pay a tax of five thousand dollars ($5,000) for that year.

The total tax paid by a captive insurance company shall not exceed one hundred thousand dollars ($100,000) in any year.

Direct Premiums CollectedPremium Tax Rate
On the first $20M0.250%
On the next $20M0.150%
On each dollar thereafter0.050%
Assumed Reinsurance Premium CollectedPremium Tax Rate
On the first $20M0.225%
On the next $20M0.150%
On the next $20M0.050%
On each dollar thereafter0.025%

Visit our Accounting Division for filing forms and fees.