How to Form an LLC in Arizona
Oct 08, · LLCs in Arizona are affordable and easy to form. As with other states, the State of Arizona has some unique LLC requirements. Interested parties must register with the Arizona Corporate Commission by filing the necessary forms, paying the necessary fees and meeting all naming and formation requirements. Apr 21, · To form an LLC in Arizona you will need to file your Articles of Organization with the Arizona Corporate Commission, which costs $50 online. You can apply online, by mail, by fax, or in person. The Articles of Organization is the legal document that officially creates your Arizona limited liability company.
For a printable Steps to Starting a Business click here. For a printable Resource Guide click here. Your how to become a canadian permanent resident business, tax, or legal needs may require that you take different action or do things in a different order.
The below information is only an overview, and is not intended to provide legal or tax advice or to be a complete resource. We recommend you consult with knowledgeable professionals such as an accountant and an attorney gget determine the particular needs of your business. Choose a name for the business entity and search it on the internet Google it to see if other persons are using the name. If others are using the name, you may incur legal consequences if you use the same or very similar name.
Consult an attorney to find out the how to use go tube consequences of using a name that is owned by or used by others. Note — the A. Domain names are completely separate from the A. The Arizona Corporation Commission Corporations Division cannot tell you what type of entity you should form. An accountant can advise you concerning tax issues, or an attorney could advise you concerning liability, tax, and other issues, or there are many resources on the internet.
Check the entity name on the A. Submit your formation documentation with the A. The fastest, most convenient way to submit your documentation is by using the A. If you are forming a corporation, you will submit Articles what is in kt tape Incorporation. Your entity's formation documentation must be examined and approved by A. If approved, you will get an approval letter with additional instructions. If rejected, your letter will instruct you on how to resubmit the paperwork.
You can wait until approval before completing steps 7 through You might need to complete a transaction privilege tax application with the Arizona Department of Revenue. Check the ADOR website, www. The Arizona Corporation Commission cannot advise you whether or not you will be subject to the transaction privilege tax — you should contact the ADOR. Register the business entity with llv city in which the business is located or county if you are in an unincorporated area. This is for transaction privilege tax purposes and also for any business or occupational licenses that the city requires.
The Arizona Corporation Commission does not issue business or occupational licenses. Open a business account with your bank or credit union. Please note that the A. Toggle navigation. Corporations Division. Washington Street Phoenix, AZ Email: answers azcc. As an alternative, you can also submit your formation documents via fax or mail. A name reservation through the A. A trade name is effective for 5 years.
The Secretary of State registers trade names, not the A. There are legal bet as to why you might want a registered trade name, and you should consult with an attorney to determine if yo should obtain a trade name. The A.
If you have a trade name, it is not necessary to also have a name reservation. Stay Connected. Business Buzz. Arizona Howw Commission W.
Here are the basic steps you'll need to take to start a Limited Liability Company (LLC) in Arizona.
Public Notice Pursuant to A.R.S. §, this database includes certain documents approved for filing within the last 90 days for Corporations with a known place of business address or LLCs with a Statutory Agent street address, in Maricopa County or Pima County.
Find out how to start an LLC in Arizona, including what forms are needed, how to file the paperwork, a timeline for registering your company, and more. Cohen, Esq. LLCs in Arizona are affordable and easy to form. Interested parties must register with the Arizona Corporate Commission by filing the necessary forms, paying the necessary fees and meeting all naming and formation requirements. The Articles of Organization must include the following information:.
All forms must be submitted with the necessary filing fee. Upon approval by the Corporate Commission, a letter will be sent to the statutory agent containing instructions regarding the publication of the notice of LLC formation. Publication of the notice upon approval is required. Fees can change, check with the Arizona Corporate Commission for the most recent requirements. Unfortunately, in Arizona, there is no next-day or same-day processing.
The usual processing time for documents is between six to nine working days. If you opt to avail of the expedited services, for an additional fee, the processing time is reduced to three to five working days. LLC naming requirements can be confusing. However, the easiest way to make sure that your LLC name will be approved is to make sure that it is distinguishable from other LLCs and includes specific words required of LLCs.
You may opt to have a preferred name checked for availability before filing your LLC formation documents. Next, an LLC with more than one member is strongly advised to have a limited liability operating agreement among its members.
This operating agreement contains the terms entered into by the members of the LLC and governs such critical items as the roles of each member, voting rights, who manages the LLC, how members are admitted or removed, dissolution of the LLC and procedures for amending the LLC operating agreement itself. Please note that LLCs offering a specific professional service are obligated to contact the necessary licensing boards as mandated by state law.
Before deciding to form an LLC in Arizona, you must understand what an LLC is and if it is a viable business structure for your company. To begin, an LLC is a business structure that has flexible organization, is privy to tax efficiencies, and provides limited liability for its members.
Members may include individuals, corporations, other LLCs and foreign entities. One benefit of an LLC is that there is no maximum number of members. Decide on a name for your business. Names may be reserved for up to days. Prior to filing a name reservation application, you may have the preferred name checked for availability, either by searching the Corporation Commission online database or by contacting the Corporation Commission directly.
Assign an agent for service of process also referred to as the resident agent. Registered agents, sometimes called a statutory agent in Arizona, are individuals or corporations authorized to do business in the state and which have permanent addresses in Arizona.
Registered agents accept legal documents on behalf of the LLC and make sure its members are notified. Create an operating agreement. Although LLCs in Arizona are not required to have a limited liability company operating agreement, it is wise to have one in place with other members should your LLC have more than one member. The State of Arizona recognizes limited liability company operating agreements as governing documents. These continuing legal obligations vary with each state.
The Articles of Organization must be submitted with the required filing fee and other required documents. Limited liability company operating agreement. Although the LLC operating agreement is not filed with the Corporate Commission, it is a good idea to have one in place for LLCs with more than one member. This should be kept on file by the registered agent. LLCs in Arizona are treated as corporations, limited liability partnerships or single-member LLCs and are subject to federal income tax classifications.
Depending on the type of taxation you opt to have for your LLC, the tax responsibilities are as follows:. Next, they must file Form , U. Corporation Income Tax Return, accompanied by a report from each owner expressing the equal distribution of profits, losses and credit with the IRS. You should always make sure to acquaint yourself with the state laws regarding taxation. Contents 6 min read.
Cohen Law Group. The Michael H. Cohe… Read more. Starting a Business. As a business owner, you have many options for paying yourself, but each comes with tax implications. Setting up an LLC is a great way for business owners to limit their liability for company debts. Each business structure has its advantages and disadvantages. Find out what they are. If an LLC, or Limited Liability Company, seems like the ideal vehicle for your side business, you may be wondering if you can form an LLC while employed at another job.
Thinking about running your LLC from home? There are advantages and disadvantages to bringing the office home with you. Starting Your LLC. You don't need an LLC to start a business, but, for many businesses the benefits of an LLC far outweigh the cost and hassle of setting one up. During the start-up phase of your business, start-up costs can be a major challenge.
One of the ways you can watch your costs is by forming an LLC for cheap. Appointing yourself registered agent for your company sounds like it might be the simplest solution, but in fact, it's not advisable. Forming Your Corporation. Starting a corporation in Arizona? Timeline for Registration Unfortunately, in Arizona, there is no next-day or same-day processing. Naming Requirements LLC naming requirements can be confusing.
Here are some tips to help you put together what you need to begin the registration process: 1. Depending on the type of taxation you opt to have for your LLC, the tax responsibilities are as follows: a An LLC treated as a limited liability partnership.
Ready to start your LLC? About the Author Michael H. Related Topics. You may also like. Starting a Business How to Pay Yourself in an LLC As a business owner, you have many options for paying yourself, but each comes with tax implications. Starting a Business LLC vs. Sole Proprietorship Each business structure has its advantages and disadvantages.
Starting a Business 6 Reasons You Shouldn't Be Your Own Registered Agent Appointing yourself registered agent for your company sounds like it might be the simplest solution, but in fact, it's not advisable.