What is an LLC?

Clarkdale LLC Attorneys, AZ

Find the Right Lawyer Now

The Limited Liability Company, or LLC, is a legal form of business organization that offers the advantages of several other traditional structures. An LLC enjoys the same type 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 can 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 historically 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?

In Arizona, a business can be formed using the form that it chooses. Opening an LLC simply requires that the business founders file a form with the Secretary of State. There may be a fee required for opening your LLC, however. Applicable Arizona laws govern the formation of LLC's and their actions. Applicable laws are a primary consideration in the decision of whether to organize as an LLC. The right business structure for your company may be difficult to find, but different structures can end up saving your company a lot of money.

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

Under certain conditions, a business in Clarkdale may change its form. Eligibility for conversion to a LLC is determined by Arizona law.

Find a Clarkdale Lawyer that Specializes in Your Area of Need:

LLC Attorneys and Law Firms in the Largest AZ Cities

Show Arizona Cities

How Can an Attorney Help?

Attorneys experienced in Arizona business law can give you valuable input on whether your business would be more profitable as a LLC.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arizona Cities and Towns

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Gregory M.

Gregory M.

Yavapai, AZ

Business - Transactional

Rating (3 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer DeeAn G.

DeeAn G.

Maricopa Southwest, AZ

Business - Transactional

Rating (14 users) ****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Joel C.

Joel C.

Franklin, AZ

Business - Transactional

Rating (24 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Max M.

Max M.

Alleghany, VA

Business - Transactional

Rating (2 users) *****
See Reviews

Need a Business Lawyer?

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