Friday, June 12, 2009

Naming your PLLC

This is a tricky subject because the Arizona Department of Real Estate has very specific guidelines on how a PLLC can be named. Because you are, in effect, transferring your real estate license into a PLLC (mainly for tax advantages), the Department requires that the PLLC be in your name. That can be your full name or last name. Middle initials are optional but the ADRE really prefers that the name for your PLLC matches what is on your Arizona driver's license. Most importantly, your PLLC cannot be in a ficiticious name.
  • A professional limited liability company cannot have a business or DBA name and the PC or PLC name must be comprised of the names of its licensed members (only). Refer to A.R.S. 32-2125 (B) and R4-28-303 (F).
Besides the specificity of naming the PLLC, there is other language that the ADRE requires on the Articles of Organization that get filed with the Arizona Corporation Commissioner. When you hire Reliable LLC Filings to help create your PLLC, we'll make sure that you are fully compliant with the ADRE guidelines.