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Does Arizona allow single member LLC?

Arizona allows formation of single-member LLCs Arizona LLCs are governed by the Arizona Limited Liability Company Act (Arizona Revised Statutes, Title 29, Chapter 4).

How much does it cost for an LLC in Arizona?

Arizona LLC Articles of Organization ($50 or $85) You need to file an Articles of Organization in order to create an LLC in Arizona. The Articles of Organization can be filed by mail or online. The fees for both are the same: $50 for regular filing and $85 for expedited filing. The filing fee is a one-time fee.

Can you divide ownership of an LLC?

Percentages of Ownership Members usually receive ownership percentages in proportion to their contributions of capital, but LLC members are free to divide up ownership in any way they wish. These contributions and percentage interests are an important part of your operating agreement.

How do I transfer LLC members?

The transfer of membership interest in LLC entities is done through an LLC Membership Interest Assignment. This document is used when an owner (member) of an LLC wants to transfer their interest to another party. They are typically used when a member plans to leave or wants to relinquish their interest in the business.

How do I change ownership of an LLC in Arizona?

To successfully amend your Articles of Organization for an Arizona LLC, you must file an Articles of Amendment form with the Arizona Corporation Commission, Corporations Division. You must also include a cover sheet and $25 filing fee.

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