Az Llc Filing Requirements
LLCs can face fines and even automatic dissolution if they miss one or more government filings. When this happens, LLC owners may lose limited liability protection. A high-quality registered agent service can help prevent this outcome by notifying you of upcoming filing deadlines and submitting reports on your behalf. Your LLC needs an Arizona statutory agent, who must be appointed when you start your business. You can also switch to a new registered agent later by submitting a form and paying a $5 fee. If you form an LLC, submit articles from the organization. When you form a corporation, you are making a by-law. All forms and filing options are available under ecorp.azcc.gov/. Your company`s foundation documentation must be reviewed and approved by A.C.C. employees. If you are approved, you will receive a letter of approval with additional instructions. If you are rejected, you will be informed in your letter of how to resubmit the documents.
You can wait for approval before completing steps 7 through 10. If your Arizona LLC has employees, you will need to file payroll taxes. Payroll taxes are essentially a group of taxes and returns, including: Arizona LLC Publication: Within 60 days of the Commission`s approval of the return, Arizona LLC must publish the organization`s bylaws in a general-run Arizona newspaper in the institution`s district known for three (3) consecutive publications. A list of acceptable newspapers in each district is appended to the Commission`s letter of approval. Failure to publish may result in the dissolution of Arizona LLC. There is no need to submit an affidavit of publication. If you are starting your business for the first time, you will need to file forms with the Arizona Corporation Commission and pay a filing fee. Here`s Arizona LLC`s current filing fees and deadlines: Read our complete guide to Arizona LLC`s publishing requirements to learn more. Each LLC should have a unique Employer Identification Number (EIN) provided by the Internal Revenue Service. You`ll use it when you file tax returns, open a business bank account, and pay employees.
You can get one from the IRS for free yourself or ask Incfile to get one on your behalf. 2. Understand the ongoing tax and legal business requirements to which your LLC is subject. You may have to pay and meet several other fees and requirements during the term of your LLC. These ad hoc fees are only payable in certain circumstances, which we have listed below. If you plan to expand your Arizona LLC to another state, you will first need a foreign qualification or certificate of authority from that state. This is necessary if you have a physical presence, employees or banks in this state. To complete this process, you must complete an application and pay a registration fee. Each state has its own requirements, so compare the state`s filing deadlines and the state`s filing fees to plan accordingly. Contact the state government agency that manages the affairs (usually the Secretary of State) to confirm their state`s requirements and get detailed instructions. If you need help, Incfile offers a comprehensive overseas qualification service for all states. Your business start-up documents contain certain facts about your business in Arizona at the time of incorporation.
Over time, these facts may change. If this is the case, you will have to file the elements of the amendment with the CCA and pay a $25 filing fee. You can do this yourself or ask Incfile to complete the submission on your behalf. To dissolve an ARIZONA LLC, members or managers must file Form LL:0020 Articles of Termination with the Arizona Corporation Commission. The certificate of dissolution must include the reason for the dissolution of the LLC and the date of the effective dissolution. The fee for filing an Arizona termination item is $35 + an additional $35 for expedited services. Recommended: If you`re a first-time entrepreneur, consider a professional service that explores your company`s licensing requirements. Read our best Business License Services review on Startup Savant.
TPT License: If your Arizona business is subject to TPT, you will need to purchase a TPT license in addition to filing tax returns and paying applicable taxes. Keep in mind that the above information does not cover all types of taxes in Arizona. You and/or your LLC may be responsible for other tax returns and we recommend that you work with an accountant. As an Arizona employer, you`ll need to set up payroll, withhold payroll taxes from employees` paychecks, and then file those returns and taxes with various state and state agencies. Arizona LLC Business License: Arizona requires most businesses to purchase a business license and pay a fee when operating in the state. Please check with the State of Arizona to see if your business meets the licensing requirements for your particular profession. Open a business account with your bank or credit union. Please note that the A.C.C. does not accept temporary cheques that do not include a pre-printed name and address, so if you received your account prior to your business` submission to the CCA, you may be required to pay the registration fee through an established account if your cheques for the new account do not have a pre-printed name or address. 6. If your LLC files tax returns as a sole proprietorship, you must report your income and expenses on your own tax returns using the Schedule C Business Profit or Loss Form, also known as Form 1040.
Some organizations will require your LLC to comply with laws and tax requirements. If you need to prove that you have fulfilled your obligations, you will need a reputable certificate from the CCA. Choosing a business name is the first and most important step in opening an LLC in Arizona. Be sure to choose a name that meets Arizona`s naming requirements and can be easily searched for by potential customers. Before you can bring a branch of your company to Arizona from another state, you must apply for the Arizona Foreign Qualification. This means that the state will give you permission to do business there. To apply for registration of an Arizona Foreign LLC, you must complete a Foreign Registration Declaration Form and pay a $150 processing fee. The state may have additional requirements, so contact the Company Division of the Arizona Secretary of State for more information. Using a professional registered agent service is an affordable way to manage government filings for your Arizona LLC. For most businesses, the benefits of using a professional service far outweigh the annual costs. Depending on the specifics of your business in Arizona, you will have to pay certain fees and meet different registration requirements. In addition to being faster and more secure, electronic returns are verified faster than paper submissions, which benefits taxpayers when errors require their attention.
If you do not wish to form your LLC immediately, you can reserve a business name with the CCA for 120 days for a $45 fee. First, do a business search in Arizona and learn about the business name rules to make sure the name you choose meets all the state requirements. Do LLCs in Arizona submit an annual report with their tax information to the State of Arizona? Lol The Arizona Corporation Commission does not require you to file an annual return with the state, even though other states must complete that annual filing. Need help with TPT / Sales and Use Tax? You can automate your Arizona TPT/SALES tax returns with TaxJar.