In Arizona, creating a Limited Liability Company (LLC) is a terrific method to safeguard your individual assets while taking advantage of a partnership’s tax advantages. However, it’s crucial to understand how much it will cost to register an LLC in Arizona before you start the procedure. The first filing fee for a limited liability company in Arizona is $50. When you submit your articles of organization to the Arizona Corporation Commission, you must pay this charge in full.
It’s simple to check the status of your LLC in Arizona. Use the entity search tool on the Arizona Corporation Commission website to accomplish this. You can use this tool to look up your LLC using either its name or entity ID. You can check your LLC’s status, filing date, and other crucial details once you’ve located it. Do I Need an Arizona Certificate of Good Standing?
A Certificate of Good Standing serves as proof that your LLC is legitimately registered and in accordance with all applicable legislation in the state of Arizona. A Certificate of Good Standing is not required in Arizona, although it is frequently needed when applying for loans, opening bank accounts, or conducting business with other businesses. With a request and a $45 fee, you can get a Certificate of Good Standing from the Arizona Corporation Commission. How long does it take to obtain an Arizona Certificate of Good Standing?
A Certificate of Good Standing in Arizona may take a while to process. The processing of your request by the Arizona Corporation Commission typically takes 3-5 business days. However, processing times could be lengthier during busy seasons, like the conclusion of the fiscal year. What Does “Proof of Publication” Actually Mean?
You must include proof of publication with your Articles of Organization when submitting them to the Arizona Corporation Commission. As a result, you are required to publish a notice of the establishment of your LLC in a newspaper in the county where your LLC’s principal place of business is situated. An Affidavit of Publication will be given to you by the newspaper upon publication. Within 60 days after the formation of your LLC, you must submit this affidavit to the Arizona Corporation Commission as your proof of publication.
To sum up, creating an LLC in Arizona is a simple and economical process. The cost of forming an LLC in Arizona is $50, and the Arizona Corporation Commission’s website makes it simple to submit proof of publishing, check your LLC’s status, and get a Certificate of Good Standing. You can create an LLC and launch your business endeavor with confidence if you are aware of the procedure and prerequisites.
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