Steps To Getting A Llc – Get quick and easy services for quick and accurate online Arizona LLC filings starting at $0 plus state fees
Want to start a business as a Limited Liability Company (LLC)? Arizona, with its business-friendly climate and scenic state parks, could be the place to be. In fact, The Motley Fool ranked the Grand Canyon State as one of the 10 best states to start your small business in 2021.
Steps To Getting A Llc
There are certain steps you will need to take to form an LLC in Arizona. And if you want to take advantage of the liability protection and tax benefits of an LLC while avoiding delays and costly penalties, you’ll need to follow these steps carefully.
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Trying to follow all the rules for forming an LLC in Arizona can be trickier than dodging game on the Beeline Highway. But don’t sweat it. This guide can help you with forming an LLC in Arizona.
To form your LLC, you must register your business in Arizona with the Arizona Corporation Commission (ACC). This process will register your new company in the public register. It provides the information needed for the state to communicate and regulate your new limited liability company.
You must also choose a statutory representative. Your legal representative in Arizona receives legal notices and official correspondence from the state.
After entering the required documents, you will have some additional fields to check. For example, you may want to draft an operating agreement and register your company with the IRS. The state also requires that you publish notice of your Arizona LLC in an approved newspaper.
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Below, we’ll show you how to form an LLC in Arizona using six key steps. We’ll also include some other helpful information for successfully setting up your LLC. Along the way, we’ll also show you how our services can further cut red tape so you can get to the more enjoyable parts of running your new business.
Note that these instructions are for forming a domestic LLC, which is one started in the state in which you reside. A foreign LLC is one that is formed in another state. To register a foreign LLC in Arizona, you must complete a Foreign LLC Registration Statement and follow a different process.
The first step is naming your limited liability company. This may be the most fun step, but choosing the perfect business name is more than just branding. Without a unique name, ACC will not allow you to register your business.
Before you form an LLC and submit the necessary paperwork, you need to decide what you will call your company. Otherwise, you may have to start over. Come up with several name options in case your first choice isn’t available.
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Unfortunately, you can’t choose a first name that pops into your head. For LLC names, you will need to comply with Arizona requirements (A.R.S. § 29-3112):
Once you’ve chosen a name, consider reserving it so that no one else can take it before you create your business. For this, you can use our name reservation service, which will store your chosen limited liability company name for 120 days.
In this window, you should have enough time to write the Articles of Organization and establish your LLC.
Having an online presence is essential for most businesses. So when deciding on a name for your LLC, consider choosing one that goes well with an available domain name.
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For example, if your first choice of name doesn’t have any available domain names, but your second choice does, this may affect your second name decision.
One factor worth considering when deciding on an LLC name is its accessibility on the web. Finding a business name you like that is also available as a URL means you’ll have a website that’s easier for clients to find and remember.
To find out if the business name you want is available as a URL, you can use our domain name lookup tool. If you find such a domain name, you might want to get it before someone else does.
You can also check if social media handles are available. Many businesses do business on platforms like Facebook, Instagram and Pinterest, so finding the right social media names can be important for effective online marketing.
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We have a domain name service to help you find and purchase a domain name for your company. We can also help you create a business website and provide domain name privacy.
Even if the ACC shows that your business name is available in the state database, it does not necessarily mean that you can use it. Trade names can be trademarked at both the federal and state levels.
For federal trademarks, check the search engine on the US Patent and Trademark Office website to see if anyone already has a trademark on the name you want.
For Arizona trademarks, you can search for trademarks on the Arizona Secretary of State website. If your desired name is not trademarked, you may consider applying for your own trademark.
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If you plan to do business under a name other than the legal name of your LLC, you will need a DBA or “doing business as” name in Arizona. DBAs must also register through the Secretary of State’s website.
Businesses sometimes use a DBA, known as a “business name” in Arizona, if they want to open a store under a different name or launch a new product line without starting another business.
Appoint a legal representative for your LLC. The state requires that you have a legal representative, known in most states as a “registered agent,” who will receive legal and official government notices in person.
If a process server or state needs to contact your business, they need a clear point of contact. This is done by a statutory/registered representative. A representative must be available at a specified physical address (called the “registered office”) in Arizona during business hours to receive such notices in person and deliver them to the management of your LLC. The registered office DOES NOT have to be the principal office of your LLC.
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An agent can be an individual with a physical address in Arizona or a corporation or LLC authorized to do business in Arizona, provided they have a place of business in the state. And P.O. box will not work as some notices must be received in person.
The representative must also accept the appointment in writing by completing the Acceptance by Statutory Representative form, which you will send with the organization’s articles of association.
Many business owners assume that they should serve as their company’s statutory/registered representative and use their business’s primary location as their registered office address. At first glance, this may sound reasonable, but it also has its downsides.
You don’t want to be served with a lawsuit in front of customers (or really anyone else). Plus, being your own agent ties you to the office all day, making it difficult to meet clients, go on vacation, take a sick day, etc.
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Using the services of a statutory/registered agent such as ours allows you to avoid the above scenarios and helps to ensure that you comply with the law. Additionally, using a statutory agent service means you won’t have to change your agent’s address with the state if your place of business moves to another part of Arizona.
Arizona LLC owners get another benefit from our Statutory/Registered Agent service: All but two counties in Arizona require you to meet a disclosure requirement when forming your LLC (more on that below). When you use our service, our Arizona office is located in one of two non-disclosure counties, meaning you avoid the hassle and expense of a state disclosure requirement.
If you are acting as your own legal representative in Arizona or have appointed a friend or family member to be your agent, you could incur the wrath of the state if they cannot find you or your appointed agent.
This can happen quite easily if you or your designee is out of the office (such as out of town, on vacation, sick, etc.) when they are trying to contact an agent. It can also happen if the agent moves or leaves and you forget to update your paperwork with the state.
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Failure to retain a legal representative may mean that the state will dissolve your LLC in Arizona and you will lose liability protection (which was probably the main reason you formed the LLC). Another scary prospect may be that the process server can’t find you to notify you of the lawsuit. In that case, the lawsuit against you could actually be proceeding without your knowledge.
One of the many services we offer is our registered agent service. When you register, we will act as your legal representative, which means there will always be someone available to receive important legal, tax and other notices from the state.
Not only will this keep you compliant, but you’ll avoid scenarios where you could be served with documents for litigation in front of clients.
Our service will also keep you organized. We’ll notify you quickly once you’ve obtained important documents and keep them together on your online “dashboard” so you can view, download and/or print them at any time. No more rummaging through piles of paper trying to find misplaced critical documents.
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File your Arizona articles of incorporation