There are a number of different types of business entity options available in Arizona. Each option works specifically to protect certain assets and also determines any tax, debt, and legal liability for the business. Our experienced business attorneys can explain the benefits and disadvantages regarding each type of business entity, and help you set up the one that works best for your needs.
In Arizona, the types of business entities available include:
- non-profit corporations
- limited liability partnerships (LLPs)
- limited liability limited partnership (LLLPs)
- limited liability companies (LLCs)
- professional limited companies (PLCs)
- professional limited liability companies (PLLCs)
- joint ventures
- and sole proprietorships
Registration of LLCs, limited liability partnerships, limited partnerships, and foreign limited partnerships, as well as other non-incorporated entities is provided by the Secretary of State. The incorporation of businesses, on the other hand, as well as adoption of rules, and decisions regarding contested matters, are regulated by the Arizona Corporation Commission (ACC).
For help navigating the business entity formation process, contact us today.