| | Arizona Contractor License Center will assist you in the proces of establishing your leagal entity.Our customer service representatives will work with you to determine your options on choosing the most relevant business entity for your situation. How you choose to set up your company will affect your tax liability and personal legal liability. Company Name The first step in establishing your business as a state recognized entity is to choose a company name. Our job will be to fully research and reserve your company name with (three) required state agencies. Type of Entities to Choose From Sole Protects Personal Assets? - No Formalities or Meeting Required? - No Special Record Keeping Required? - No Special Tax Advantages? - No Double Taxed by IRS? - No
Partnership Protects Personal Assets? - No Formalities or Meeting Required? - No Special Record Keeping Required? - No Special Tax Advantages? - Few Double Taxed by IRS? - No
Limited Partnership Protects Personal Assets? - Few Formalities or Meeting Required? - Few Special Record Keeping Required? - Few Special Tax Advantages? - Few Double Taxed by IRS? - Few
Limited Liability Company Protects Personal Assets? - Yes Formalities or Meeting Required? - Few Special Record Keeping Required? - Few Special Tax Advantages? - Few Double Taxed by IRS? - No
"S" Corp Protects Personal Assets? - Yes Formalities or Meeting Required? - Some Special Record Keeping Required? - Some Special Tax Advantages? - Some Double Taxed by IRS? - No
"C" Corp Protects Personal Assets? - Yes Formalities or Meeting Required? - Some Special Record Keeping Required? - Some Special Tax Advantages? - Some Double Taxed by IRS? - Yes
Companies must file DBAs (Doing Business As) with their state indicated their doing business under a particular business name. This serves to protect the identity of the company within the state. As part of the entity setup process, Arizona Contractor License Center will assist you in setting up your DBA.
Your Statutory Agent In setting up your company, you may want to also consider the extended services of administering your company once the organization has been established
Your Entity Specialists Our job is to help move you through the entity setup process in a timely manner. Should you decide to setup an LLC or Corporation we will be able to assist you in the completion of the necessary forms and documents, handle the filing process, publish your articles and communicate with all of the necessary state agencies to make sure the job is done right the first time.
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