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This version of the form is not currently in use and is provided for reference only. Download this version of
Form LI-231
for the current year.
Form LI-231 Professional Corporation (Pc) or Professional Limited Liability Company (Pllc) Application - Arizona
What Is Form LI-231?
This is a legal form that was released by the Arizona Department of Real Estate - a government authority operating within Arizona. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form LI-231?
A: Form LI-231 is an application to form a Professional Corporation (PC) or Professional Limited Liability Company (PLLC) in Arizona.
Q: What is a Professional Corporation (PC)?
A: A Professional Corporation (PC) is a type of business entity that is formed by licensed professionals, such as doctors, lawyers, or accountants, to provide professional services.
Q: What is a Professional Limited Liability Company (PLLC)?
A: A Professional Limited Liability Company (PLLC) is a type of business entity that combines the benefits of a limited liability company (LLC) with the professional licensing requirements of certain professions.
Q: Who can use Form LI-231?
A: Form LI-231 can be used by licensed professionals who wish to form a Professional Corporation (PC) or Professional Limited Liability Company (PLLC) in Arizona.
Q: What information is required on Form LI-231?
A: Form LI-231 requires information about the proposed professional entity, including the names and license numbers of the professional owners, the business address, and the type of professional services to be offered.
Q: How long does it take to process Form LI-231?
A: The processing time for Form LI-231 may vary, but it typically takes a few weeks for the Arizona Corporation Commission to review and approve the application.
Q: Is it necessary to have legal assistance to file Form LI-231?
A: While it is not required to have legal assistance, consulting with an attorney or professional advisor who is familiar with the formation of professional entities may be beneficial.
Form Details:
- Released on February 1, 2023;
- The latest edition provided by the Arizona Department of Real Estate;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form LI-231 by clicking the link below or browse more documents and templates provided by the Arizona Department of Real Estate.
Download Form LI-231 Professional Corporation (Pc) or Professional Limited Liability Company (Pllc) Application - Arizona
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