Is Arizona Single Member LLC?

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Forming a Single-Member LLC in Arizona

To start an LLC in Arizona, follow these steps:

  • Select a business name
  • File articles of organization with the Arizona Corporation Commission
  • Obtain an Arizona business license
  • Register with the Arizona Department of Revenue
  • The filing fee for forming a Single-Member LLC in Arizona is $50

Taxation of LLCs in Arizona

  • LLCs are not subject to state-level income tax in Arizona
  • LLC’s income, deductions, and credits are reported on the owner’s Arizona individual income tax return
  • Multi-member LLCs and Single-member LLCs have different tax treatments

Recognizing single-member LLC in Arizona

  • Arizona recognizes single-member LLCs
  • A single-member LLC can provide limited liability protection

Starting an LLC in Hawaii

  • Hawaii allows single-member LLCs
  • Obtain an EIN if planning to file taxes as a corporation or S corp
  • Register your business name, file paperwork, and obtain necessary licenses and permits

Tax Rules and Formation

  • Arizona LLCs have pass-through taxation
  • Husband and wife LLCs can file taxes as a single-member LLC
  • Different tax rules apply for S-Corp and C-Corp LLCs

Procedure for LLC Formation

  • Create a business plan and file paperwork with the state of Arizona
  • LLC procedures offer flexibility when filing taxes
  • Professional LLCs require adherence to specific regulations

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