One of the first questions you might have if you’re beginning a business in Phoenix, Arizona, is whether or not you need a business license. Yes, all companies operating in Phoenix are required to acquire a license. This covers home-based enterprises, businesses conducted online, and companies operating in Phoenix but situated elsewhere.
If you intend to run a sole proprietorship in Arizona, you’ll also need a business license and to register your company with the government. Whether you have staff or not, this is a requirement. A Trade Name Application must be submitted to the Arizona Secretary of State in order to register as a sole proprietor in that state.
In Arizona, establishing a sole proprietorship is a rather simple process. Make sure the name you chose for your company hasn’t previously been taken. You can submit a Trade Name Application to the Arizona Secretary of State once you’ve decided on a name. The application has a $10 filing fee.
The procedure is a little more difficult if you want to create an LLC in Arizona. Articles of Organization must be submitted to the Arizona Corporation Commission along with a $50 filing fee. Additionally, you must designate a registered agent in Arizona who will be in charge of receiving court filings on your LLC’s behalf.
Arizona does not mandate that LLCs have the word “LLC” in their company name, which is a crucial point to keep in mind. You must, however, include a statement in your Articles of Organization that explicitly says that your business is an LLC if you decide to exclude the letters “LLC” from your company name.
In conclusion, you must acquire a business license and, if necessary, register your company as a single proprietor or LLC if you intend to launch a business in Phoenix, Arizona. A sole proprietorship can be established with relatively little paperwork, but an LLC needs more paperwork and costs to be paid. Regardless of the kind of business you intend to launch, it’s critical to ensure that you adhere to all national, state, and local laws.
In Arizona, you would need to submit an Application for Registration of Trade Name to the Arizona Corporation Commission in order to add a DBA (Doing Business As) to an LLC. There is a filing fee and the application can be submitted either online or by mail. If your application is accepted, you can then conduct business in Arizona using both the LLC name and the DBA. It is crucial to understand that a DBA merely provides a means of carrying on business under a name other than that of the LLC. It does not establish a new legal company.