Forming an LLC in Arizona (Preliminary information)
We have prepared a guide on forming an llc in Arizona, the cost of an llc to be formed in Arizona, forming an llc at the most affordable price and the steps you need to take at this stage.
To form an LLC in Arizona, you must submit a $50 fee online Arizona Corporate Commission . The Articles of Organization document is the legal document that officially creates the Arizona LLC. Arizona is one of only 3 states that require an LLC to publish an advertisement in the newspaper once formed. Although it may seem a bit outdated, the main purpose is to inform the public. This process is a mandatory requirement for most LLCs formed in Arizona. You must submit this advertisement within 3 months.
The registered agent company, from which you will receive support during the installation phase, prepares and sends the necessary formation documents to the state on your behalf. Thus, you do not need to take any extra action. To form your company, you can get online service from Northwest Registered Agent by paying the 39+ State filing fee.
Costs
Service | Price | In installation | Annual |
Fee to be Paid to the State During LLC Company Formment | 50$ | ✔ | – |
Annual Filing or Report | None | – | – |
- In addition to the installation fee, do not forget to add the Northwest Agency fee of $ 39 to the cost.
- You can renew your Northwest agency fee next year for $125 (address included)
What is Registered Agent?
Agencies that provide services for entrepreneurs who do not reside in the United States to form an llc, receive official documents from the state, and ensure that the company remains healthy are called Registered Agents.
When you decide to form an LLC in Usa, Northwest is one of the best options. Northwest provides a free mailing address for your company.
There are also different agencies, you can access the full list and detailed review page of other Registered Agent companies that establish LLCs from this link .
How to Form an LLC Company in Arizona?
You can form an LLC remotely in the state online, there is no need to visit the state in person. Additionally, non-US citizens are not required to have an ID or passport. You need a registered agent for installation. If you do business with the Northwest agency, you do not need to pay extra for the company address because this agency has a mailing address in all US states and allows you to use this address. Other details are below.
- Determine Your Company Name: First, you must determine the name of your LLC company. There should be no conflicts with company names already in the state database. web bulletin on choosing a business name. You should first read this bulletin and then perform a name search on the state's website. Choosing a Name for an LLC Company for name rules .
- You can get a domain name for your company: Check if the website domain name you will create for the business name you choose has been registered before. With Namecheap you can quickly register an llc domain name so that no one else can get and use your domain name in the future.
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- Apply Online: Determine a Registered Agent to establish your company and keep it active. Northwest is among the most affordable and highest quality options. here and order them to establish your company online.
- Operating Agreement: The operating agreement, called the Operating Agreement, determines the management style and rules of the company. It is not required to be created in many states, but Northwest will prepare a contract for you free of charge after company establishment and deliver it to you electronically. Although the state does not require it, it is recommended to create it, but you do not need to mail or electronically send this contract to the state, just keep the contract you have prepared and signed.
The approval period for the LLC company may take 10 business days for the state of Arizona, and a newspaper advertisement must be placed after the installation.
What happens after your LLC company is approved in the state of Arizona?
- After the company is formed, your LLC formation document is delivered to you digitally.
- Once the company is incorporated and you receive the documents (digitally), obtain a Federal Identification Number (EIN) from the IRS. Without EIN, you cannot open a bank account or register for payment systems such as virtual POS (stripe) or paypal. You can also apply for an EIN yourself by filling out form SS4 and faxing it to the IRS. the guide here . The other option for EIN is to get a paid service. You can get EIN application service from us for $ 29. We can process it on the same day and carry out the entire process for you. this order form after company setup .
- After the company is formed, you need to place an advertisement in a newspaper within the state borders. You can do this online by getting service from local newspapers.
State Requirements and Taxes
Federal Taxes: All LLCs require a federal tax identification number, EIN. An EIN is basically the business version of a social security number and is used for important LLC functions. If you obtain your LLC company income from American citizens, you may be required to pay federal income tax to the state after a certain turnover.
State Requirements: Depending on the nature of your business, you may be required to register for one or more state tax forms if you maintain a brick-and-mortar business in the state of Arizona.
Arizona Sales Tax: If you sell physical products, an Arizona Transaction Privilege Tax license. This tax, referred to as sales tax in most places, is a type of tax imposed on merchants for the privilege of doing business in Arizona.
The Arizona Department of Revenue collects taxes for counties and cities, but rates vary by business type and location.
Employer Tax: Unemployment Tax and Employee Withholding Tax through the Department of Revenue .
Obtaining Business Licenses and Permits
If you own a business such as a physical shop or store in any city within the state and do physical retail business there, you will need to obtain one of 3 types of business licenses, depending on the business you do;
- Transaction Privilege Tax (TPT)
- Local Business License
- Regulatory (Professional/Special) License
To obtain a business license or business license for an Arizona LLC, you can get paid services from agencies such as MyCompanyWorks or CorpNet
Annual Reporting
While most states have annual reporting or annual flat taxes, this is not the case in Arizona. So, in the state of Arizona, there is no report or annual payment that you have to submit to the state every year.
For more information about taxes, you can check out the article Taxation in America