If you are a lone proprietor in Arizona, you might be unsure about the necessity of registering your company. The short answer is that if you use a trade name, you must register. However, registration is not necessary if you use your own legal name as your business name.
Any name used in the conduct of business that differs from the owner’s legal name is referred to as a trade name. For instance, if John Smith is the sole proprietor of “Green Thumb Landscaping,” a landscaping company, he would have to register that trade name with the Arizona Secretary of State’s office.
A Trade Name Application must be submitted to the Secretary of State’s office along with a fee in order to register a trade name. The registration of a trade name is good for five years and may be extended one more time for five years.
A trade name can be made pretty easily. You should pick a name that is distinct and not being used by another company in Arizona if you want to create a trade name. To check if the name you desire is available, you can conduct a search on the Arizona Secretary of State’s website. After deciding on a name, you may submit your trade name application by mail or online.
The process of trademarking a name and logo differs from that of registering a trade name. Consider submitting an application for a trademark with the United States Patent and Trademark Office (USPTO) if you wish to safeguard your company name and logo. An application for a trademark must be submitted, and a fee must be paid. After being granted, your trademark will have national protection.
In conclusion, you must register your trade name with the Secretary of State’s office if you are a sole owner in Arizona and use one. The registration can be renewed and is good for five years. Make sure your trade name is original and not being used by another company in Arizona before using it. You should think about submitting a trademark application to the USPTO if you want to safeguard your company name and logo.
Yes, the Arizona Corporation Commission must receive an annual report from every LLC in the state. Depending on the particulars of the LLC, different filing fees and deadlines apply. Penalties and possible LLC dissolution may come from failure to submit the annual report.
An LLC, or limited liability company, offers liability protection for its members by being regarded as a distinct legal entity from its owners.