Lawyer Referral Service

LRS Blog

Posted by: Maricopa Lawyers on Mar 17, 2015

Have a great business idea and want to hang your shingle here in Arizona? Now is a great time, thanks to the ongoing movement to shop locally and support your home state’s economy, but there are some important steps for establishing your LLC properly to make sure everyone involved is protected. Follow these steps to get your dream up and running:

1. Choose a Name for Your LLC
Under Arizona law, an LLC’s name must contain the words “Limited Liability Company” or the abbreviations “LLC,” “L.L.C”, “L.C.,” or “LC.” Your LLC’s name must be distinguishable from the names of other entities already on file with the Arizona Corporations Commission. You can check their database to make sure your business name is available. You can also reserve your business name for 120 days by filing an Application to Reserve Corporate Name.

2. File Articles of Organization
An Arizona LLC is created by filing Articles of Organization with the Arizona Corporation Commission. The articles must include: the LLC’s name and address; the LLC’s duration, the names and addresses of the LLC’s managers or members; the name, address, and signature of the LLC’s registered agent. The filing fee is $50.

3. Appoint a Registered Agent
Every Arizona LLC must have an agent for service of process in the state. This is an individual or business entity that agrees to accept legal papers on the LLC’s behalf if it is sued. The agent should agree to accept service of process on behalf of the limited liability company prior to designation. The registered agent may be an individual who is a full-time resident of Arizona or a business entity registered with the Arizona Corporation Commission.

4. Publication Requirements
Within 60 days after the Commission has approved your LLC’s Articles of Organization, you must publish the Articles in a newspaper of general circulation in the county where it does business for three consecutive publications. A list of acceptable newspapers in each county is posted on the Arizona Corporation Commission website.

5. Comply With Other Tax and Regulatory Requirements
Additional tax and regulatory requirements may apply. You will need an Employer Identification Number (EIN) if your LLC has more than one member, and depending on the type of business and where you will be located, your LLC may need to obtain other local and state business licenses.