Select a Name for Your LLC in Step 1 To create an LLC in Arizona, you must first decide on a name for your company. Your company name must be original and not being used by another firm in Arizona. On the website of the Arizona Corporation Commission, you may see if the name you want for your company is available.
Select a Registered Agent in Step 2 Choosing a registered agent for your LLC is the next step. Legal documentation must be delivered to the registered agent on behalf of your company. This can be a person or a business that is permitted to conduct business in Arizona.
Step 3: Submit Articles of Incorporation You must submit Articles of Organization to the Arizona Corporation Commission in order to formally establish your LLC. This document contains information about your LLC, including your company name, registered agent information, and other pertinent information. The Articles of Organization and the necessary filing fee can be submitted online or by mail.
Step 4: Draft an Operating Agreement It is advised that you draft an Operating Agreement for your LLC even if it is not required by Arizona law. This document, which explains the ownership and management structure of your company, might aid in resolving any future owner issues.
Arizona LLC Taxation
In Arizona, LLCs are often taxed as pass-through businesses, which means that the company does not pay taxes on its own revenue. Instead, the owners’ individual tax returns are used to disclose the owners’ individual profits and losses. Renewal of Your LLC in Arizona Each year, LLCs in Arizona are required to file an Annual Report in order to renew their registration with the Arizona Corporation Commission. Updated information about your LLC, such as alterations to your company address or ownership structure, is included in the report. Penalties and even the dissolution of your LLC may arise from your failure to submit the annual report.
In conclusion, creating an LLC in Arizona is a reasonably easy process that can shield the owners from personal liability. You can create an LLC in Arizona and start running your business with confidence by adhering to these guidelines.
You can speak with the Arizona Corporation Commission’s office to obtain a copy of your articles of incorporation. You can write, fax, or come in person to ask for a copy of your articles of incorporation. The name and filing number of your LLC must be provided, along with payment for the copy’s cost. The Arizona Corporation Commission’s website also allows you to access and download a copy of your articles of incorporation.