Registering your international LLC is an essential step to take if you want to extend your business into Arizona. A limited liability company that was established outside of Arizona but wishes to conduct business there is referred to as a foreign LLC. Foreign LLCs must register with the Arizona Corporation Commission in order to conduct business in the state, according to Arizona law. We’ll walk you through the procedure of setting up a foreign LLC in Arizona and address some relevant issues in this article.
Yes, before conducting business in Arizona, a foreign corporation is required to register with the Arizona Corporation Commission. A foreign corporation is one that is incorporated outside of Arizona but seeks to conduct business there, as defined by Arizona law. Similar to how a foreign LLC is registered, a foreign corporation must do the same. Does Arizona Require the Registration of My LLC?
You don’t need to register your LLC again if it was created in Arizona. However, if your LLC was created in another state and you wish to operate in Arizona, you must register it with the Arizona Corporation Commission as a foreign LLC.
You must do the following actions in order to form a foreign LLC in Arizona:
2. Complete and submit the Arizona Corporation Commission’s Foreign LLC Application form. The application can be submitted online or by mail.
3. Make the $150 filing fee payment (as of this writing). 4. Select a statutory agent in Arizona who will accept legal notifications and process serving on your LLC’s behalf. 5. Include a certificate confirming your LLC’s good standing and authorization to conduct business in your home state, issued by your home state. Wait for your application to be processed by the Arizona Corporation Commission, which typically takes 5 to 10 business days.
Arizona is among the few states that does really permit Series LLCs. With a series LLC, you can divide your LLC into different “series”—each with their own assets, liabilities, and members. The fact that one series runs independently of the others might give your company more flexibility and asset protection.
A Series LLC that was established outside of Arizona but intends to conduct business there is referred to as a foreign Series LLC. Similar to that of a foreign LLC, a foreign Series LLC must register. The Foreign LLC Application form must be sent along with the filing fee, the name of an Arizona statutory agent, and a copy of the good standing certificate from your home state. To prove that your LLC is a series LLC and to identify the series that will be conducting business in Arizona, you must additionally submit a copy of your series LLC’s operating agreement.
In conclusion, setting up a foreign LLC in Arizona is a crucial first step in extending your company there. You may make sure that your foreign LLC is correctly registered with the Arizona Corporation Commission and is permitted to operate lawfully in the state by completing the procedures indicated above. Arizona is a wonderful state to create a Series LLC in if you’re thinking about doing so because it offers more flexibility and asset protection.
Yes, Limited Liability Companies (LLCs) must submit an annual report to the Arizona Corporation Commission and pay a renewal fee each year to maintain their registration. The annual report must be submitted by the anniversary of the LLC’s state registration. The state may administratively dissolve the LLC if the report is not filed and the fee is not paid.