What is an LLC?

Apache Junction LLC Attorneys, AZ

Find the Right Lawyer Now

The Limited Liability Company, or LLC, is a legal form of business organization that offers the benefits of several other traditional structures. An LLC enjoys the same form of limited liability as a corporation, but like the sole proprietorship and partnership, it is not taxed as its own entity. Also like corporations, LLC's may have as many shareholders, or members, as it likes. Unlike a corporation however, the death or bankruptcy of one of the members will dissolve the LLC. Limited liability has traditionally been a primary goal of many business forms, but since the legislature authorized it in Arizona, the modern LLC has become increasingly popular.

Can My Business Be Formed as an LLC?

Arizona allows a company to incorporate using the business form it chooses. To start as an LLC, a company just files the necessary form with the Secretary of State. However, fees are frequently required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by Arizona law. In deciding whether you should organize as an LLC, you should consider carefully the applicable laws. Finding the right business structure for your company may lead to increased profits, but the process may take some time.

Can I Change the Form of My Business to an LLC?

Businesses in Apache Junction may change their forms in specific circumstances. Whether a business may convert to a LLC or not is determined by Arizona law.

Find a Apache Junction Lawyer that Specializes in Your Area of Need:

12 Business - Transactional cases posted to LegalMatch lawyers in Apache Junction

LLC Attorneys and Law Firms in the Largest AZ Cities

Show Arizona Cities

How Can an Attorney Help?

Lawyers practicing business law in Arizona can advise you on whether it would be favorable for your business to form or convert to a LLC.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arizona Cities and Towns

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: