How To Form an LLC In Arizona
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1. Choose a Name for Your Arizona Limited Liability Company
Check for an Available Name for the LLC in Arizona: You will need to select a name for your company before you can form a Limited Liability Company in Arizona. You will need to search online databases and other records to make sure that a name is available and not in use by another LLC in Arizona. You might want to start by searching the business entity database that is available on the official website of the Arizona Secretary of State: Arizona LLC.
Reserve a Name for Your Arizona LLC: You do not need to reserve a name for your LLC before you file the LLC formation documents, but if you would like to, you can submit a name reservation application. You can find the application form online at Arizona LLC. The name that you submit will be reserved for 120 days. There will be a $10.00 filing fee.
Filing for Trademarks Protection and Doing an LLC Name Search: Even if a search reveals that the name that you want to use to form your LLC is available in Arizona, it is possible that another company could be using the same name somewhere else in the country. There could be other restrictions on the name that you choose for your LLC. To find out more about how to choose a name for your LLC, go to how to choose a name for your llc.
Arizona LLC Name Requirements: In Arizona, the name of any LLC needs to contain the words "LLC," “L.L.C.,” or "Limited Liability Company." Remember that the term “LLC” stands for “Limited Liability Company,” not “LLC Corporation, “Limited Liability Corporation,” or another variation. An LLC and a corporation are different types of business structures and operate in different ways.
2. Find a Statutory Agent in Arizona
You will need to select a statutory agent within the state of Arizona that will act as an agent for service of process for your LLC. Your statutory agent will receive all tax documents and legal and other official notices for your LLC. There are companies that offer statutory agent services to LLCs for a fee that can range between about $75 and $150.
3. File Articles of Organization with the Arizona Secretary of State
Minimum Requirements for the Articles of Organization: The Articles of Organization that you file for your LLC will need to contain the name and purpose of your LLC, the address of your known place of business, the name and address of your statutory agent, and the signature of the organizer. You can download the form at Arizona LLC.
Other Arizona Legal Provisions: Consider including additional clauses when you create the Articles of Organization for your Limited Liability Company. It is best to consult a lawyer for guidance when you are creating the Articles of Organization so that you can include the additional clauses that are most beneficial for your company.
Where to Submit the Articles of Organization for Filing: You should submit your completed Articles of Organization to the Arizona Corporation Commission, 1300 W. Washington Street, 1st Floor, Phoenix, AZ 85007.
Filing Fee: The fee to file Articles of Organization in Arizona is $50.00.
4. Form an Arizona Limited Liability Company Agreement (Operating Agreement)
Once you have formed your Limited Liability Company in Arizona by filing Articles of Organization, you will need to create an LLC Agreement that governs how the LLC will be operated. All the members of your LLC will need to sign this document. Different than corporations, LLCs are generally operated simply. The LLC Agreement governs all aspects between the members of the LLC. The details of your company’s LLC Agreement will depend on many factors, such as the number of people involved, how much money is being invested, whether the company will be managed by a manager or by the members, and how and when money will be distributed among the members. LLC Agreements can vary depending on what the purpose of the LLC. For example, the LLC Agreement will probably be different depending on whether the LLC will be used to operate a retail store, own and develop real estate, or make investments. It is best to consult a lawyer and an accountant when you draft your LLC Agreement so that you can be sure to comply with all state requirements and federal tax laws.
Besides your LLC Agreement, there are other documents that you may need to create or file for your LLC, such as securities filings. You will also need to obtain an EIN from the IRS and the business license required by local government for your business. Some corporate services companies can make filings for you and provide you with form documents in return for a fixed fee. You can find information about how to get a business license in your city through our online guide at http://www.cityapplications.com/business-licenses.html.
5. Qualify your Arizona LLC to Do Business in Other States
You will need to check to see if you need to register or qualify the LLC to do business in your home state if your main office is located outside of Arizona. Most states require you to register or qualify your LLC and require you to pay taxes in your home state. You can find more information about how you can qualify your LLC to do business in other states online at [Qualifying to Do Business in Other States].
6. Make Annual Filings and Pay Annual Taxes in Arizona
In Arizona, you are not required to file an annual report for your LLC. There may be other periodic filings that you do need to make. You should check with the Secretary of State for more information. You will need to pay taxes annually for your LLC. To find information and tax forms online, you can go to the official website of the Arizona Department of Revenue at Arizona LLC.
It can be complicated to form an LLC, especially when there is more than one person involved. It is best to consult an accountant and an attorney before you form your LLC so that you can make sure that an LLC is right for you and that all your paperwork is processed correctly.
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This site is for informational purposes only and does not constitute legal, financial or tax advise. The information on this site should not be relied upon as an official source of information and should be independently verified.
