Arizona has specific requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, understanding Arizona requirements will help speed you through the process.
Naming your AZ LLC
The name of your LLC must contain one of the following: "Limited Liability Company," "Limited Company," "L.C.," "LC," "LLC" or "L.L.C." You can’t use the word “Association” in your LLC’s name and if you wish to use the words “Bank,” “Banc” and “Bancorp,” the company must be a bank and you must get approval of the name from the Department of Banking.
The following are Arizona’s requirements for the members/managers of LLCs:
- Minimum number. An Arizona LLC must have one or more members.
- Residence requirements. Arizona does not have a provision specifying where members or managers must reside.
- Age requirements. There are no age requirements imposed by Arizona on members or manager.
- Inclusion in the Articles of Organization. Member/Manager names and addresses are required to be listed in the Articles of Organization.
Requirements for the Articles of Organization
In Arizona, you form an LLC by filing Articles of Organization with the state and paying the state-imposed filing fee. As part of the process, you must provide the name and address of a Registered Agent with a physical address (no post office boxes) in Arizona. Your Registered Agent must be available during normal business hours to accept important legal and tax documents for the business.
Other filings required at time of formation
In addition to filing Articles of Organization, Arizona has a publication requirement. LLCs must publish notice of the formation within 60 days of formation in a publication (i.e. newspaper) in the known place of business for three consecutive publications.
Professional services businesses
Accountants, attorneys, and physicians, and other professionals are permitted to form professional limited liability companies (PLLCs) in Arizona.