Creating a limited liability corporation (LLC) in Arizona has a one-time fee of $50. When the LLC’s Articles of Organization are filed with the Arizona Corporation Commission, this fee is paid to the Arizona Corporation Commission. You may employ a professional LLC formation agency to assist you with the creation of your LLC (for an additional small fee).
How much does it cost to set up a limited liability company in Arizona? The Articles of Organization must be filed with the Arizona Corporations Commission, which costs a $50 filing fee. It costs an extra $35 to get your application processed more quickly.
In order to form an LLC in Arizona, you must first submit Articles of Organization with the state.The Articles of Organization can be filed either by mail or online using a web browser.In both cases, the filing fees are the same: $50 for standard filing and $85, respectively, for expedited filing.A one-time fee is charged for the submission of the application.
You will not be required to pay any monthly (or annual) fees in order to keep your Arizona LLC in good standing.
How to start an LLC in Arizona?
How to Form a Limited Liability Company in Arizona 1 Establishing Your Limited Liability Company. Forms and Fees (Part 2). 3 Deadline for submitting an application. 4 Requirements for Naming. 5 Requirements for the Formation Process 6 Establishing a limited liability company in Arizona. 7 Fees for forming a limited liability company.
How much does it cost to form an LLC?
As of 2021, the average yearly charge for a limited liability company in the United States is $91. Most states refer to this as the Annual Report; nevertheless, it is known by a variety of other names: Important: Just because certain states have reduced filing costs does not imply that you should file in that particular state.
How much does it cost to maintain an Arizona LLC?
It should be noted that there are no ongoing or yearly fees involved with keeping your Arizona LLC registered with the AZCC (since no Annual Report is required). The cost of hiring a Commercial Statutory Agent (also known as a ″ Registered Agent ″ ) is around $125 per year.
How often do I have to pay my LLC fee?
Depending on the state, it is normally paid every one or two years on average. This charge is necessary regardless of the amount of money or activity generated by your LLC. To put it another way, you are responsible for this. Failure to pay the yearly fee will result in the state dissolving (closing) your limited liability company (LLC).
How long does it take to get an LLC in Arizona?
In Arizona, the paperwork for a limited liability company is typically authorized in three weeks. It is also possible to have your application processed more quickly for an extra charge, which reduces the filing period to 7 – 10 working days.
How do I form an LLC in Arizona?
How to Form a Limited Liability Company in Arizona
- Name Your Arizona Limited Liability Company.
- Select Your Statutory Agent.
- Prepare and File Articles of Organization.
- Receive a Certificate of Formation from the State of Arizona.
- Make a copy of the Operating Agreement.
- Requirements for Publication are met in full.
- Obtain a Federal Employer Identification Number (EIN)
How much does it cost to start a company in Arizona?
Costs of Incorporation The state of Arizona charges $50 to register a domestic limited liability company, with an additional $85 fee for the expedited process.Foreign limited liability companies must pay a $150 charge, or $185 if they want the process to be expedited.In order to reestablish their LLC after it has been dissolved by the state, owners must pay a $100 charge, or $135 if they want the process to be completed more quickly.
What is the disadvantage of an LLC?
Disadvantages of forming a limited liability company Cost: Forming and maintaining an LLC is often more expensive than forming and maintaining a sole proprietorship or general partnership.States are required to collect a fee when they first establish themselves.Annual report fees and/or franchise tax costs are common in many jurisdictions, as are other recurring taxes such as vehicle registration fees.
How are LLCs taxed in Arizona?
Tax Returns for Limited Liability Companies Arizona’s corporation tax rate is 6.968 percent of net income, which is the highest in the country. Choosing to be taxed as a corporation will result in a $50 minimum tax for the LLC.
How much is a business license in Arizona?
Business License Fees
| Fee Name | Fee (effective 1/1/2018) |
|---|---|
| All Businesses – Initial Business License | $168.00 Per License |
| All Businesses – Annual Renewal Fee | $84.00 Per License |
| Pro-Rated Initial Business License | |
| Start date 1st Quarter (Jan, Feb, & Mar) | $168.00 Per License |
Does Arizona require a business license?
Business License – While Arizona does not issue or require a state business license, the majority of municipal and town offices do so, and they are listed here.
Does Arizona require a registered agent?
Every formal business in the state of Arizona is obliged to have an Arizona statutory agent (also known as a Registered Agent) as part of the legal structure. A statutory agent is responsible for receiving any official documents from the State of Arizona, as well as any service of process that may be served on a business in the course of a lawsuit.
How do I get an EIN number in Arizona?
The quickest and most convenient method to receive a federal tax identification number is to apply for one online through our federal tax identification number obtainment services. Just a few questions about your company will be required, and you’ll get your tax identification number in less than an hour after that.
What should I name my LLC?
In most cases, your firm’s name must conclude with the words ″Limited Liability Company,″ ″company,″ or ″Limited Liability Company, Inc.″ Alternatively, abbreviations such as ″LLC,″ ″L.L.C.,″ or ″Ltd.″ can be used. Typically, you may choose to shorten the terms ″Limited″ and ″Company″ to ″Ltd.″ and ″Co.″ instead of the full ones. (Most individuals merely use the abbreviation ″LLC.″)
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Is LegalZoom a legitimate company? LegalZoom is a real company. Since its founding in 2001, LegalZoom has provided assistance to more than 4 million consumers.
How much is a EIN number in Arizona?
The application for an EIN for your LLC is completely free ($0). It is entirely free to obtain an EIN for your Arizona limited liability company. When you apply for an EIN, there are no fees or charges assessed by the IRS.
Do I have to renew my LLC Every year in Arizona?
Report on the Year Arizona, unlike the majority of other states, does not require limited liability companies to produce annual reports.
What is LLC considered?
A Limited Liability Company (LLC) is a legal entity that is established under state law. Depending on the choices made by the LLC and the number of members, the IRS will consider an LLC as either a corporation, a partnership, or as a component of the owner’s tax return, depending on the decision made by the LLC (a disregarded entity).
How do you set up a LLC in Arizona?
- Make a name for your Arizona limited liability company. You’ll need to come up with a name for your LLC before you can register it.
- Appoint a Statutory Agent in the state of Arizona. A registered agent, also known as a statutory agent in Arizona, will be required to be included when your Articles of Organization are filed.
- Place the Articles of Organization in the appropriate folder.
- The Arizona LLC Publication Requirements must be met in full.
How much does a real estate license cost in Arizona?
To obtain a real estate license in the state of Arizona, how much does it cost? It will cost around $900 to do so.