Legal Bueno

    How to Start Your LLC in Arizona

    Legal Bueno helps with everything you need to start your business. We take care of all the paperwork so you don't have to worry about it. Want to learn more about the process we handle? Keep reading!

    Quick Summary:

    • Filing Fee: $50
    • Turnaround time: 14-16 business days

    How do I start an LLC in Arizona?

    Thinking about starting an LLC? The process is pretty similar across the states. You'll start by picking a unique name for your business (you'll need to check to make sure it hasn't been taken!) and then filing some paperwork—usually called Articles of Organization or a Certificate of Formation—with your state's agency.

    If you want to check the name availability for Arizona, visit https://ecorp.azcc.gov/EntitySearch/Index.

    After that's taken care of, you'll want to draft a governing doc for your business called an operating agreement & find any licenses you might need. Just keep in mind that each state has its own little quirks, so it's always a good idea to double-check specific requirements for your area.

    What are the costs & processing times of starting a business in Arizona?

    Here's the rundown for Arizona:

    • The filing fee is: $50
    • There are ongoing fees of $0 (no fee and no information report)
    • It usually takes 14-16 business days if you're filing online or 14-16 business days (plus mail time) if by mail.

    Why Arizona is a great state for your LLC

    Starting a company in Arizona presents numerous advantages that make it an appealing choice for entrepreneurs and business owners. Here are some key reasons to consider:

    • Favorable Business Rankings: Arizona was recognized as one of the best states for starting a business in 2019 by WalletHub, indicating a strong and supportive business environment.
    • Low Business Costs: The state is known for its low operational costs, which include affordable filing fees and the absence of a franchise tax. For instance, the filing fee for creating an LLC is just $50.
    • Simplified Business Structures: Forming an Arizona Limited Liability Company (LLC) is straightforward, making it an ideal choice for small to medium-sized businesses and startups. An LLC provides many of the same protections as larger corporations while offering simpler regulations.
    • Personal Liability Protection: An LLC safeguards personal assets from business liabilities and debts, ensuring that your personal finances remain separate and protected.
    • Easy Compliance and Administration: The state offers quick and simple processes for filing, management, compliance, and regulation, which allows business owners to focus more on growth and less on bureaucratic hurdles.
    • Tax Advantages: Arizona LLCs enjoy easy tax filing processes with potential benefits for tax treatment, making it an attractive option for new business owners.
    • Access to Resources: Entrepreneurs in Arizona can leverage a variety of resources, including networking opportunities, local support organizations, and a growing business community.

    Choosing Arizona as the location for your business can provide a combination of low costs, supportive regulations, and growth opportunities, making it an excellent choice for entrepreneurs.

    Legal Requirements

    Remember! Legal Bueno will handle all of these requirements for you, but if you're interested, here are the legal requirements for Arizona:

    Articles of Organization

    The articles of organization must state all of the following:1. The name of the limited liability company that complies with section 29-3112.

    1. The principal address, which may be the same as the mailing address of the company's statutory agent.
    2. The name and street and mailing addresses in this state of the company's statutory agent.
    3. Whether the company is a manager-managed limited liability company or a member-managed limited liability company and either of the following:

    (a) If the company is a manager-managed limited liability company, the name and address of each manager and the name and address of each member who owns a twenty percent or greater interest in the capital or profits of the company.

    (b) If the company is a member-managed limited liability company, the name and address of each member of the company.

    Ariz. Rev. Stat. § 29-3201(B)

    Fee: $50

    Ariz. Rev. Stat. § 29-3213(A)(1)

    Filing Process

    After you've prepared the initial formation documents, you need to file it! Here is what Arizona laws require for filing:

    To be filed by the commission, a record must be received by the commission, comply with the AZ LLC Act, and satisfy the following: 1. The filing of the record must be required or allowed by law.

    1. The record must be physically delivered in written form unless the commission allows electronic delivery of records. If the commission allows electronic delivery of records, the records may be electronically delivered only to the extent the commission allows.
    2. The words in the record must be in English and numbers must be in Arabic or Roman numerals, but the name of an entity is not required to be in English if the name is written in English letters or Arabic or Roman numerals.
    3. The record must be signed by a person authorized or required to sign the record.
    4. The record must state the name and capacity, if any, of each individual who signed it, either on behalf of the individual or the person authorized or required to sign the record, but is not required to contain a seal, attestation, acknowledgment or verification.

    Ariz. Rev. Stat. § 29-3206(A).

    Additional Legal Considerations

    Here are some additional relevant laws that might be useful when operating your business in Arizona:

    Certificate of good standing

    Ariz. Rev. Stat. § 29-3211.