How To Form an LLC in Arizona
If you're interested in starting an LLC in the Grand Canyon State you have good reason.
Arizona ranks highly in entrepreneurship and is fifth in the nation for economic growth prospects.
Every state has slightly different requirements for forming an LLC.
Follow along closely to learn the required steps for creating your own limited liability company
in the state of Arizona.
There are two ways to form an LLC in Arizona.
You can form one yourself
or you can hire a service to do it for you.
Let's start by looking at the six basic requirements to form an LLC in Arizona on your own.
One: Name Your LLC
You'll need to choose a company name that complies with Arizona naming requirements
and do a name search on the Arizona Ecore website to make sure the name isn't already taken.
You should go ahead and register the web domain for your business website and email as well.
Two: Choose a Statutory Agent
Arizona requires that you nominate a statutory agent
more commonly known as a registered agent for you LLC.
Who is your business's point of contact with the state.
The registered agent can be an individual within the company including yourself
or you can hire professional service authorized to do business in Arizona
Three: File The Articles of Organization
To register your LLC you will need to file the articles of organization with the state of Arizona.
This can be done online by mail or in-person.
You will need to state whether your LLC will be member-managed or manager-managed.
Member-managed means all members of the LLC manage the company.
This is good for small organizations where everyone is involved in day-to-day operations.
The second option is manager-managed.
Where individuals are appointed to manage the LLC.
This is appropriate for larger organizations where not everyone
is involved in the day-to-day affairs of the business .
Four: Complete Publication Requirements
Arizona requires newly formed LLC's to publish a notice of LLC formation for
three consecutive weeks in an approved newspaper in the county of the LLC's principal office.
This must be done within 60 days of formation.
Take note businesses whose principal addresses in either Maricopa or Pima County's
do not have to publish a notice of LLC formation.
Five: Create an Operating Agreement
You should also create an operating agreement to establish ownership terms and member roles.
This is an internal document for reference and does not need to be filed with the state of Arizona.
This foundational document is the core of your LLC and will help you maintain your
organization as well as further establish your LLC as a separate legal entity.
Six: Obtain an EIN
Lastly you'll need to get an Employer Identification Number or EIN from the IRS.
Also known as a Federal Tax Identification Number your EIN is like a social security number for your LLC
and is important for taxes and banking.
EIN's are free of charge and can be obtained from the IRS online or through the mail.
And with that you'll have formed an Arizona LLC on your own.
Option Two: Hire a Professional Service
The second way to create an Arizona LLC is to hire professional service to create your LLC for you.
hiring a professional service to file your forms and act as your registered agent for the LLC
will cost you an additional fifty to one hundred and fifty dollars
however there are several benefits to working with a pro.
A hired registered agent helps with getting your reports filed on time
helps you stay organized by keeping your business mail separate
and is available at all regular business hours to accept official mail and legal papers on your LLC's behalf.
a final and important additional benefit of using a service is privacy.
A professional service will provide a level of privacy by withholding
your personal name and home address from the LLC's contact information.
There are many reasons you might not want your personal information
easily accessible and associated with your business.
Hiring a professional LLC formation service is an easy way to accomplish this.
Now that you've seen the different requirements and ways you can form an LLC in Arizona
visit our site and take some time to research your options
and establish a solid foundation for your business activities.
Click on the links in the description below to research the top five professional formation services
or get more information on how to form an Arizona LLC on your own.
We offer a host of free templates and tools to help accelerate your small business
from operating agreements to business plans
all free of charge.
Vsit us at Howtostartanllc.com