You might be interested in learning how to register your company as an LLC if you’re beginning a business in Arizona. Limited Liability Companies, or LLCs, are a common corporate form that protects owners’ personal assets. A step-by-step tutorial for creating an LLC in Arizona is provided here.
The first step in creating an LLC is picking a name. The name must be original and not on file with the Arizona Corporation Commission (ACC) already. On the ACC website, you can see if the name you want is available. If the name is available, you can submit an online form and pay a $10 charge to reserve it for 120 days.
The second step is to select a registered agent. In Arizona, an LLC must have a registered agent who will accept legal documents and notices on the LLC’s behalf. The registered agent must live in Arizona and have a physical address. Either appoint yourself or use a reputable registered agent service as the LLC’s registered agent.
Step 3: Submit Articles of Incorporation Articles of Organization must be submitted to the ACC in order to formally establish your LLC. The articles can be submitted by mail or online. $50 is the filing fee. The name, address, and contact information for the LLC’s registered agent, as well as the members’ or managers’ addresses, must all be listed in the articles.
Employer Identification Numbers, or EINs, are special nine-digit numbers provided by the IRS for tax-related purposes. You need an EIN to create a business bank account, file taxes, and apply for business licenses and permits, even if your LLC has no workers. On the IRS website, you can get an EIN for nothing.
Although they are frequently used interchangeably, a trade name and DBA—doing business as—are not the same thing. A DBA is a legal document that enables a business to operate under a name different than its legal name, whereas a trade name is the name under which a firm is known. For instance, if you want to conduct business as XYZ but your LLC’s legal name is ABC LLC, you would establish a DBA for XYZ.
In Arizona, a trade name is legal for five years after it is registered. The registration may be renewed by submitting a renewal form and making a $10 payment.
You must submit a paperwork and pay a $10 fee to the county where your business is located in order to file a DBA in Arizona. Consult your county’s clerk office for any additional fees or forms that may be necessary.
In Arizona, how can I form a sole proprietorship? In Arizona, establishing a sole proprietorship is easy. You don’t have to submit any formation paperwork to the state. Nevertheless, depending on your region and business operations, you might need to acquire business licenses and permissions. If you want to do business under a different name, you can register a trade name or DBA or use your own name. You should be aware that, as a sole proprietor, you are personally responsible for the obligations and liabilities of the company.
Depending on the city and type of business, different business licenses in Arizona cost different amounts. There could be other costs and demands in addition to the business license, including a license for the transaction privilege tax. For precise information and costs, it is preferable to contact the city or county where the business will be located.
You can incorporate a trademarked name into your business name, but you must make sure that you are not violating anybody else’s trademark, according to the article “Setting Up an LLC in Arizona: A Step-by-Step Guide”. You can utilize the United States Patent and Trademark Office (USPTO) to do a trademark search to make sure the name you wish to use is available and hasn’t previously been registered by someone else. Additionally, it is advised that you speak with a trademark lawyer to be sure you are not violating anyone’s intellectual property rights.