Guide to Set Up an Limited Liability Company in AZ: Step-by-Step Manual
Planning to start a firm in Arizona, creating an Limited Liability Company is a practical way to safeguard your personal wealth and maintain operational flexibility. The method is simple enough, but there are important phases you’ll need to complete to get everything right from the start. Ahead of filing any paperwork, consider these important steps to define how your LLC runs and gains recognition.
How to Name Your AZ LLC
Before you can create your Arizona LLC, choose a business name that complies with Arizona laws and makes your business unique. Ensure the name includes “Limited Liability Company” or a valid abbreviation like “LLC.”
It shouldn’t be too similar to any current Arizona businesses, so run a check using the Arizona Corporation Commission’s database. Steer clear of restricted words like “bank” or “lawyer” unless you hold the proper licenses.
Once you’ve made sure your desired name is available, lock it in to hold your business identity during the setup phase.
Appointing a Statutory Agent
All Arizona LLCs must have a registered agent—someone (or a company) responsible for receiving legal documents on behalf of your business.
You can appoint either an natural person or a business licensed to do business in Arizona. They need a real street location, not a P.O. box.
You may act as your own agent, but many prefer using external agents for privacy. Consent from your chosen agent is mandatory.
Officially Registering Your LLC
After selecting your agent, file the Articles of Organization with the Arizona Corporation Commission to make your LLC legal.
Provide information like your LLC’s name, principal address, and agent contact. Filing is available via the web, by click here mail, or in person.
Pay the current fee, which is currently $50. Double-check everything to prevent delays.
Upon confirmation, your LLC becomes a recognized Arizona entity.
Defining Internal Structure
Though not legally required in Arizona, an operating agreement is a recommended step.
It details how the LLC will be run, member roles, profit distribution, and conflict resolution. It also covers member changes and dissolution plans.
Even for single-member LLCs, this document protects your liability status.
Meeting Arizona’s Ongoing Requirements
To stay in good standing, follow these Arizona state rules.
Keep a registered agent with a valid in-state address.
Update details if the agent changes.
File annual reports if you’re a PLLC (regular LLCs are exempt).
Stay current with business licenses.
Failure to comply may lead to penalties or dissolution.
Wrapping Up
Launching an LLC in Arizona is straightforward when you follow these steps. From choosing a name to filing forms and staying compliant, each phase sets your business up for success. Ensure your peace of mind and make your business official in AZ.