How To Form An Llc In Arizona

Forming an LLC in Arizona is not as complicated as you might think. In fact it can be pretty simple if you have the right tools and resources at your disposal. Forming an LLC in Arizona can be accomplished by anyone who wishes to do so whether they have their own business or not. If you are just looking for a way to incorporate in the state of Arizona you have come to the right place. We will discuss some of the requirements that must be met when you decide to form an LLC in Arizona. Hopefully after reading this article you will have some new knowledge that can help you on your journey to form an LLC in Arizona.

 

First we will begin with the process of How To Form An Llc In Arizona. This is actually pretty easy. After you have decided on the type of business you would like to form for, you will need to choose a unique business license number. To find these numbers, you will need to go to the city government offices in the county you reside in and ask for your license number.

 

After you have chosen your business name and your business license number you should submit these items to the office of the Secretary of State. Once submitted, you should receive a document called an Application for Name and Address of Business. This application will include a printed title page, business and residence address, a phone number, and company seal. Once this is received by the office it will be reviewed and any necessary changes will be made. Then, depending on your choice you will either have up to thirty (30) days to complete the entire process or have it completed and filed with the State within a specific amount of time (usually not more than sixty (60) days). If you choose to have the business filed with the State within a certain amount of time, you should contact the SSS to make sure that the necessary forms have been submitted and that the necessary fingerprints have been submitted as well.

How to Form an LLC in Arizona

 

Forming an LLC in Arizona does not require any special paperwork or permits. All that is required is that you have an Arizona business license and a valid reason for forming the business. You do not even have to have a yearly or quarterly fee in order to form an LLC in Arizona. If you wish you can have your LLC filed with the SSS for no charge at all. The only costs associated with an Arizona business license are if you want to change the name of your LLC, if you wish to add members, or if you wish to cancel your registration. Once you have all of these costs paid then you are done processing your paperwork and can just begin looking for a business address in the state of Arizona.

 

Forming an LLC in Arizona should be fairly easy, especially if you plan on using the name of your business as the contact information. If you are unsure of what your business' name should look like you can check with the Arizona Corporation Commission. They will also be able to give you examples of other successful LLC names that you can use if you would like. The next step in how to form an llc in arizona is to select the structure for your business. Currently there are two options available to you. There is a limited liability company or a partnership.

 

If you choose to create a limited liability company (also called an " LLC ", )" you'll have no tax repercussions. This means that your company won't have to pay taxes or any other fees on its income. However, you will have to pay a half of one percent of your company's gross revenue every year to the Arizona Corporation Commission. Limited liability companies are very popular because they allow owners to avoid paying taxes.

 

If you decide to go with a partnership (also known as a " PLC ", )" then you will have to pay the state a one time fee of around $100. Your company will now be run by a board of directors. Like its counterpart, a limited liability company, a PLC has no tax liability. However, you'll have to pay a half of one percent on your company's gross sales each year to the Arizona Corporation Commission.

 

Hopefully this brief article has given you some insight on the process of how to form an LLC in Arizona. Now that you know the basics you'll be well prepared to take your business forward. Forming an LLC is not difficult, but it does take a little work and research. If you have any questions about the process of how to form an LLC in Arizona, feel free to contact a local business attorney who specializes in commercial law. They can offer guidance and assistance on all of the requirements necessary to file your business with the state.

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