Company Formation in Hungary for US Entrepreneurs
Company formation in Hungary offers access to the EU market, low taxes, and residency options. Learn about the steps, costs, and compliance rules.
With its pro-business climate, no annual reporting for LLCs, and low operating costs, Arizona is one of the most attractive destinations for business expansion in the U.S. But if your limited liability company was formed in another state, you can’t legally do business here until you register as an Arizona Foreign LLC through the Arizona Corporations Division.1
From Phoenix tech startups to remote service providers, foreign Arizona LLCs benefit from legal protections and access to new markets, but only if they follow the correct process. This guide teaches you everything you need to know, from registration to compliance, with practical advice tailored to non-resident LLC owners.
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If your LLC is already formed in another state or country and you want to do business in Arizona, you’re legally required to go through a process called foreign qualification first.2 Here’s how to do it.
Before you register your foreign LLC in Arizona, you need to prove that your business is active and in good standing in the state where it was originally formed. To do this, request a Certificate of Good Standing from your home state’s business filing office.3 Arizona requires that this certificate be dated no more than 60 days before you submit your application, so don’t request it too early.
All Arizona foreign LLCs must designate a statutory agent with a physical address in the state. This agent accepts legal and official correspondence. You can act as your own agent if you live in Arizona, but most non-residents use a professional service that offers same-day document scans, compliance tracking, and client account access for convenience.
File a Foreign Registration Statement with the Arizona Corporation Commission (ACC).4 The form requires your LLC’s legal name, formation state, organization date, principal address, business purpose, management structure (member- or manager-managed), and statutory agent information. If your LLC’s name is unavailable or doesn’t meet Arizona’s naming rules, you must adopt a fictitious name and submit a resolution approving its use.
Once the Foreign Registration Statement is complete, you’ll need to include a few key documents with your filing. These include a current Certificate of Good Standing from your LLC’s home state, a manager or member attachment (Form L040 or L041, if applicable),5,6 and a signed statutory agent acceptance form confirming your agent’s agreement to represent your business in Arizona.
You can submit your documents online, by mail, or in person. Filing costs $150, with expedited service available for an extra $35. Be wary of services that promise low rates but later charge hidden fees.
After you submit your filing, the Arizona Corporation Commission typically takes 3 to 4 weeks to process standard applications. If you choose expedited service, approval usually takes 7 to 10 business days. You can track the status through your client account, where you’ll first see a “verification successful waiting” notice. Once approved, the ACC will provide stamped documents confirming your foreign LLC registration.
Once you have established your business with an LLC, you’ll need a business account to manage your US finances. A Wise Business account is easy to open online and comes with no monthly fees. You can convert funds from your home currency to USD with low, transparent fees.
Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies. You can get major currency account details for a one-off fee to receive overseas payments like a local. You can also send money to countries.
Some key features of Wise Business include: |
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Pros | Cons |
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No annual report requirement for LLCs | No anonymous ownership allowed |
No income tax on out-of-state activity | Must appoint an Arizona-based statutory agent |
Streamlined registration process | Some counties may have publication requirements |
Access to fast-growing Arizona markets (e.g., Phoenix, Tucson) | Filing process requires multiple forms and document coordination |
Flexible management structure for remote owners | Noncompliance can lead to penalties and enforcement restrictions |
Arizona’s unique combination of low maintenance, tax advantages, and business-friendly infrastructure makes it especially appealing to out-of-state entrepreneurs looking to expand operations. Maintaining a statutory agent and completing all required filings is mandatory if you want to keep your foreign Arizona LLC in good standing.
If you’re starting a new venture instead of expanding an existing one, you can form a limited liability company in Arizona from scratch, even if you don’t live in the state.
Here’s how:
Many non-residents use professional services to manage paperwork, provide a registered agent, and monitor compliance through a client account online platform with document alerts and mail forwarding.
If your business is operating in Arizona without officially registering as a foreign LLC, you wouldn’t be in compliance and that poses serious legal and financial risks. Under Arizona law, your company is considered to be "doing business" in the state if it hires employees based in Arizona, maintains a physical location such as a storefront, office, or warehouse, enters into long-term contracts with Arizona-based clients, or regularly provides goods or services within the state.
When you register as an Arizona foreign LLC, your business has the legal right to operate in the state, access tax registrations like the Transaction Privilege Tax (TPT) license, and work with local banks, suppliers, and clients.7 The registration also protects your company’s limited liability status.
Unlike many other states, Arizona does not require LLCs, foreign or domestic, to file annual reports. This significantly reduces administrative responsibilities and makes it an especially appealing choice for businesses looking to expand without excessive paperwork.
Arizona makes it relatively easy and cost-effective for foreign LLCs to do business within the state. With no annual reports, a growing economy, and efficient registration through the Arizona Secretary and Corporations Division, it’s no surprise that non-resident business owners are expanding here.
To stay in good standing, make sure your statutory agent is reliable, avoid hidden fees, and use services that offer tools like same-day document scans and client account monitoring.
No. Forming a domestic Arizona LLC creates a new business entity under Arizona law. Registering a foreign LLC is a separate legal process that authorizes your out-of-state company to operate within Arizona. The two structures serve different purposes: one starts a business within the state, while the other extends an existing LLC’s reach into it.
You don’t need to live in Arizona or maintain a physical office, but your LLC is legally required to appoint a statutory agent with a street address in the state. This person or service receives legal notices and state correspondence on your behalf. Many foreign Arizona LLCs use commercial agents to meet this requirement efficiently.
Processing times vary depending on your chosen filing method. Standard filings submitted to the Arizona Corporations Division typically take between 3 and 4 weeks. If you need quicker results, expedited service is available and usually processed within 7 to 10 business days. Updates will be visible in your client account, often marked as verification successful waiting until approval is complete.
No. If your LLC is doing business in Arizona, such as hiring local employees, entering into contracts, or offering services, you are required to register as a foreign entity. Operating without proper registration puts your business at risk of fines, loss of legal standing in Arizona courts, and the forfeiture of limited liability protections.
Noncompliance can have serious consequences. If you fail to maintain an active statutory agent, keep your business details current, or respond to state correspondence, your Arizona foreign LLC may be administratively revoked. Without compliance tracking, it’s easy to overlook deadlines or requirements, and your business could face penalties or even legal vulnerabilities in the event of a dispute.
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*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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