Forming an LLC in Arizona
If you're an entrepreneur or business owner who wants to set up shop in Arizona, you might want to look into forming an Arizona LLC. To give you a short explanation of an LLC, basically it stands for "Limited Liability Company" and it gives its owners or members limited liability when it comes to their business assets. This means thatif your business gets into debt or has to make payments, you are not personally liable for such debts so your personal assets will be will be protected. If you want a better understanding of what an LLC is, feel free to browse this website.
Forming an LLC in Arizona can be as easy or as difficult as you want it to be. The easiest way to do it is use a Do-It-Yourself LLC kit, such as this one developed by Atty. Stephen Nelson (click here to get it). Kits like these contain all the documentation you need to start an LLC, and it is applicable to most businesses. It also contains a guide on how to use the documents, as well as the steps you need to take to for your LLC. This means that you do not have to go back and forth to file your paperwork, nor do you have to hire an expensive lawyer to go over your documents. These DIY kits are often affordable for individuals, so it's a good route to take if you're forming an LLC in Arizona and you want to keep it as simple as possible.
Of course, if you want to start forming an LLC in Arizona manually, here are some steps you need to take:
Choose a name for the Arizona LLC you want to form. Check with the Arizona Corporation Commission that the name is unique and not used by any other business in the state. The Commission has certain rules on selecting an LLC name, so make sure you understand them before filing. The rules change often, so you must either check with the Commission yourself or make sure that the lawyer or DIY LLC kit you're working with is updated.
File your Articles of Organization with the Arizona Corporation Commission. Include the name of the LLC, its registered office in Arizona, a legal statement of who the manager/s of the LLC is/are, and the contact details of the statutory agent who you've authorized to accept legal documents in behalf of the LLC. Prepare a Cover Sheet to go with this. See the DIY Arizona LLC Kit for more details.
Submit your documents either in person or by mail. Pay the necessary fees. These normally don't go beyond $100.
For more information, call the Arizona Corporation Commission at (602) 542-4251
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