How to Convert Your Fintech LLC to C-Corp in Arizona (2026)

As your Fintech LLC in Arizona gains traction, converting to a C-Corp might be the right move to attract investors and scale. This guide provides a roadmap for a smooth transition in 2026, covering key considerations, steps, and potential pitfalls specific to Arizona's regulatory landscape. Using Lovie can streamline this complex process by automating filings and ensuring compliance.

When to Convert

Conversion Steps

Conduct a Business Valuation: Determine the fair market value of your LLC to establish a baseline for equity distribution in the C-Corp. This is crucial for tax purposes and to ensure fair allocation of shares.
Adopt a Plan of Conversion: Create a formal plan outlining the conversion process, including the transfer of assets and liabilities from the LLC to the C-Corp. Consult with legal counsel to ensure compliance with Arizona Revised Statutes Title 29.
File Articles of Incorporation: File Articles of Incorporation with the Arizona Corporation Commission to create the C-Corp. Include the corporate name, purpose, registered agent, and initial directors. The filing fee is approximately $60 in 2026.
Obtain an EIN: Apply for a new Employer Identification Number (EIN) from the IRS for the C-Corp. This is essential for tax reporting and opening a corporate bank account. Lovie can automate this process.
Transfer Assets and Liabilities: Officially transfer all assets and liabilities from the LLC to the newly formed C-Corp. This includes bank accounts, contracts, intellectual property, and debts.
Issue Stock Certificates: Issue stock certificates to the former LLC members, reflecting their ownership in the C-Corp. Ensure compliance with Arizona securities laws.
Update Licenses and Permits: Update all relevant licenses and permits to reflect the new C-Corp entity. This is especially critical for fintech companies operating in Arizona, as financial licenses are entity-specific.

Start your formation with Lovie — $20/month, everything included.