how much is a llc in arizona [With Tutorial]

Last updated : Aug 20, 2022

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how to form an LLC in Arizona if you are 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 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 you can also find these steps and more detail on our website linked in the description below one name your LLC every state has its own rules about what kind of names are allowed for LLC's in general you will need to observe these naming guidelines your name must include the phrase limited liability company for one of its abbreviations LLC or LLC with a period following H letter restricted words such as Bank Attorney law office etc may require additional paperwork and may also need a licensed professional to be part of the LLC your name cannot include words that could confuse your LLC with the government agency such as FBI Treasury State Department etc you cannot use a name that has already been registered to see if your name is available in your state you'll need to do a name search this free service is available on your state's Secretary of State website check out our free guide for finding the direct link to your state we also recommend that you check to see if your business name is available as a web domain even if you don't plan to make a business website today you may want to buy the URL in order to prevent others from acquiring it to choose a statutory agent Arizona requires that you nominate a statutory agent more commonly known as a registered agent for your 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 a professional service authorized to do business in Arizona they will send and receive legal papers on your behalf these documents include official correspondence like legal summons and document filings which your registered agent will receive and forward to you your reg your agent will help remind you to file the necessary reports failure to properly maintain your LLC can result in fines and dissolution so this assistance is valuable 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 management all members of the LLC manage the company this is good for small organizations where everyone is involved in the 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 for 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 counties do not have to publish a notice of LLC formation 5 create an operating agreement although not every state requires it you should always create an operating agreement to establish ownership terms and member roles for your LLC this foundational document is the core of your LLC and will help you maintain your organization as well as further establish your LLC is a separate legal entity there are six main sections of an operating agreement organization outlines when and where the company was created who the members are and how the ownership is structured management and voting addresses how the company is managed as well as how the members vote capital contributions covers which members financially support the LLC and how more funds will be raised in the future distributions outlines how the company's profits and losses are shared among members membership changes describes the process for adding or removing members as well as if and when members can transfer their ownership shares and dissolution which explains the circumstances in which the LLC may be dissolved an operating agreement is an internal document it does not need to be filed with the state however it should be updated every time there is a change in membership or management at the company you can download a free sample operating agreement or create a custom one using our free operating agreement tool at how to start an LLC com6 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 how the IRS tracks your business for tax purposes an ein is also necessary to open a business banking account and legally hire employees the eye ends 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 the second way to create an arizona LLC is to hire a 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 services 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 several reasons you might not want your personal information easily accessible and associated with your business hiring a professional LLC for mation services and easy way to accomplish this now that you have seen the different requirements in 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 now you know all the steps to form an LLC in your state for a more detailed guide go to how to start an LLC com you can also create an operating agreement and use our business plan tool free of charge give the video a like if you found it useful and subscribe if you'd like to see more and if you have questions or encounter any roadblocks leave a comment below good luck and starting your small business you

Thanks for your comment Jamar Riessen, have a nice day.
- Elias Percifield, Staff Member

hey i'm eric and in today's video we're talking about how to start an llc in arizona now if you're watching this video you're in the right place and if you're thinking about an llc you know you're in good company because 80 of all new business formations are llc in the united states now in this video we're gonna be talking about our three methods that you can start up an llc you can go directly through your state website you can also use free online tools there's also the ability to hire an attorney to set up the llc for you which is gonna be more expensive but later in this video i'm going to talk about how you can get a free consultation with an attorney too if you're looking to do that so there are two really important topics that you'll want to stay in this video because we're going to discuss a term called piercing the corporate veil and also registered agents if you're not familiar with those two things they're going to be really important that you stay and watch this video because i'm going to explain that to make sure that your llc is solid and going to protect you like it should so why don't we get started with the state website here and what you're going to be looking at in arizona is azcc.gov so that's your state website and this particular link right here is very helpful so it's the 10 steps to starting a business in arizona such as choosing your name seeing if that name is actually available in your state i'm going to walk you through some of these steps and explain this to you and this is a good time to mention that any link or resource mentioned in this video will be in the description of this video so you'll be able to find this link if you're looking for these 10 steps and every single link and resource mention will be in the description below so let's go through a hypothetical what i did is i went to um phoenix arizona and search for restaurants the first one that popped up is loco style grinds so if for whatever reason this was the name that you were thinking of for your business and you're trying to get an llc in arizona what you'd want to do is actually see if it's available so what you can do is you can go to this specific page right here again this link will be in the description and then you can search for this name so i'm going to copy this name and then what you do is you can click this search box here on the left hand side and what i would recommend is doing contains and then i'm putting in the name and i'm going to do a search so what you'll see is as this kind of searches the repository of different names that have set up llc's that this particular one has actually been set up it's a domestic llc and it looks like this particular one is already taken so if there is no search results showing for the name that you're looking for that is a good sign because it's actually available now what you'd want to do is once you actually have the name of your business that you're looking for and you want to get set up and you're confident you want to go with an llc you click this green register button and it's going to take you through the state website and you're going to be able to set up your llc through the state website and this is definitely one way you can go but one of the things that i do find frustrating about any of the state websites is they may give you the steps here and they go yeah here's all the things you need to consider and look at but when you're looking at it it's kind of overwhelming you're like you kind of want your hand held a little bit more so one of the other methods or routes you can go for setting up an llc is using a free online tool now the word free is a little bit misleading because these tools are created to generate a profit some of them if you might be familiar with like legalzoom in this particular case what they do is 79 plus your filing fee so every state has a state filing fee you're not going to get around that if you go through your state website a tool like legalzoom or go through an attorney you're going to have to pay that filing fee in your particular case in arizona this service inc file i find pretty helpful they have state filing prices and you go down and you'll see that you're going to pay 85 to set up an llc so even if an attorney doesn't say that that's part of their fee it's kind of baked into their cost so it's going to be 85 for that filing fee but as i mentioned with legalzoom they're going to throw another 79 on top of it i do like this service inc file because if you go to the home page here one of the things that really stand out to you besides the fact that they've been in business since 2004 and they've incorporated over 250 000 businesses is that it's zero dollars to get set up and i know that's where you're like all right what's the catch so if you're to launch your business with this service here you choose the entity type llc in your case we're gonna go to arizona and it's gonna give you three different packages that you can choose from and the lowest package here in the silver there's your 85 state fee and then it's zero dollars to get set up and it includes preparing and filing the articles of organization unlimited name searches so what we did earlier looking up the name searches on the arizona website here over here you can actually do that directly through this service and then also a free registered agent service for a year now this is a good opportunity to start talking about ways that your llc can be found incompetent or cracks or in your llc or the legal jargon would be piercing the corporate veil so why don't we talk about what an llc actually does for your business so then we can talk about how if you set up your llc incorrectly that it may not actually do what it's supposed to do in limiting your liability so some people think that there's like a tax advantage for setting up an llc that is not the case simply put an llc limits your liability but when you're setting up your llc you want to make sure that your eyes are dotted and your t's are crossed so there's no cracks in the foundation of it so what an llc does is it creates a division between your personal and your business assets so in the unfortunate case if you're sued the attorney the lawyer that's coming after your company isn't going to be able to come after your personal assets as well that llc creates that division between them so what that attorney is going to try to do is pierce the corporate veil and what they're doing is they're looking for issues with your llc so the reason i have this highlighted on screen here for the registered agent service is one of the issues i find with the state website is they don't really give a lot of attention to these issues they don't really mention a registered agent service they just say who's your registered agent then what happens is somebody says you know what it's my buddy jim because i'm trying to save some money and jim's gonna make sure he forwards my documents to me and make sure i'm taken care of so i'll put his information in so again going back to this learning center and we click on about registered agents here and we scroll down y

Thanks Lita your participation is very much appreciated
- Elias Percifield

About the author

Elias Percifield

I've studied virology at Vermont College of Fine Arts in Montpelier and I am an expert in spacecraft design. I usually feel accepted. My previous job was admiralty lawyer I held this position for 15 years, I love talking about 3d printing and hammocking. Huge fan of The Lonely Island I practice fly-fishing and collect pez.