ABOUT SETTING UP AN LLC IN ARIZONA
Here, we will provide step-by-step instructions on how to form an LLC and offer some tips on what paperwork you will need to fill out and what fees you may be required to pay
Step 1: Choose a Name for Your LLC
The first step in forming an LLC is choosing a name for your business. The name should be unique and not include any restricted words (such as “bank” or “attorney”) that are reserved for businesses that require special licensing. Additionally, the name must include the phrase “Limited Liability Company” or one of its abbreviations (LLC, L.L.C., etc.). Once you have chosen a name, make sure it has not already been taken by checking the Arizona Corporation Commission website.
Step 2: Appoint a Registered Agent
Once you have chosen a name for your LLC, you will need to appoint a registered agent who will receive any legal documents or notices on behalf of your company. This can either be an individual living in Arizona or a business authorized to do business in Arizona. You must have permission from whoever agrees to act as your registered agent before filing paperwork with the corporation commission.
Step 3: File Articles of Organization
Next, you will need to file articles of organization with the Secretary of State Office in Arizona. You can do this online through the state’s website or in person at their office location (the address can be found on their website). It usually takes about 10 days for documents to be processed and approved by the Secretary of State Office, so plan ahead if possible! Once approved, these documents become public record and anyone can access them upon request.
Step 4: Establish Operating Guidelines
After registering your business with the Secretary of State Office, you should create operating guidelines for yourself and other members of your company (if applicable). These guidelines should include details like how profits are distributed among members, voting procedures, dispute resolution methods, etc. Having these clearly outlined can help prevent disagreements down the road and ensure everyone involved understands their responsibilities when running the company collectively.