by Richard Keyt, an Arizona LLC attorney
Arizona Corporation Commission Entity Statistics as of October 6, 2018
As of October 6, 2018, Arizona had 58,011 for profit corporations, 7,361 professional corporations, 35,789 non-profit corporations, 746,683 limited liability companies, 28,145 professional limited liability companies and 14 benefit corporations. That is 65,372 profit and professional corporations and 774,828 LLCs and PLLCs.
People form 12.8 LLCs/PLLCs for every corporation formed in Arizona. Most people forming Arizona corporations do not know that the corporation is an obsolete entity that should be used only in a few select circumstances.
The table below shows entity formations for the Arizona Corporation Commission’s fiscal years ending June 30 from 1982 to 2016. For current year to date and historical numbers, see the Arizona Corporation Commission statistics.