One of the first steps in forming a limited liability corporation (LLC) in Arizona is submitting articles of formation to the Arizona Corporation Commission (ACC). With the signing of this form, your LLC becomes a legitimate business in the state of Arizona. A step-by-step tutorial on how to obtain articles of organization in Arizona is provided below.
Select a Name for Your LLC in Step 1 Choose a name for your LLC before submitting your articles of establishment. The name must be original and unclaimed by another Arizona company. Using the ACC’s online database, you may see if the name you want is available. Using the ACC’s name reservation form, you can hold onto an available name for up to 120 days after discovering it.
Step 2: Finish filling out the articles of incorporation form You must then finish filling out the articles of organization form. You can do this via mail or online. Your LLC’s name, address, and the names and addresses of any members or management are all required on the form. You must also specify whether your LLC will be handled by members or by a management.
Step 3: File Articles of Organization and Pay Filing Fee The articles of incorporation form must be completed and submitted to the ACC along with the filing fee. Arizona will charge $50 as of 2021 for the filing of articles of organization. The form and cost can be sent online or by mail.
Step 4: Await Acceptance You must wait for the ACC’s approval after submitting your articles of formation and filing fee. If you filed online, it usually takes 3-5 business days; if you filed by mail, it usually takes 5-10 business days. As soon as the state of Arizona accepts your articles of formation, your LLC is formally registered there.
Do Arizona Articles of Organization Have to Be Published? Arizona does not mandate that LLCs publish their articles of organization in a newspaper, in contrast to some other states. However, if you decide to make your articles of organization public, it might aid in demonstrating to potential customers and partners the existence and legitimacy of your LLC.
You can utilize the ACC’s online database to confirm the existence of an LLC in Arizona. You can use this database to look up companies by name, entity number, or name of registered agent. The history of a company’s filings as well as other information can be viewed.
How Much Does it Cost in Arizona to Form an LLC? As previously stated, Arizona charges $50 for the filing of articles of organization. However, there can be extra charges for forming an LLC in Arizona, such as for registering for state taxes or getting a business license. To fully understand the costs associated with forming an LLC in Arizona, it is advisable to speak with a company attorney or accountant.
Although not needed by law, operating agreements for LLCs in Arizona are strongly advised. This Agreement sets forth the management of the LLC, the allocation of profits and losses, and other pertinent information. An operating agreement can assist keep disagreements between members at bay and guarantee that everyone is in agreement over how the LLC should be run.