How to Start a Corporation in Arizona

Incorporating your 베팅의민족 in the state of Arizona comes with various advantages. The primary benefit is the Enterprise Zone Program.

It’s one of the most rewarding programs for startups in the state and aims to bring about improvement in some of the most distressed areas of the state.

The following guide is designed to show you how to start a corporation in Arizona.

1. Select a name for your corporation

Choosing a 베팅의민족 name for your Arizona corporation is one of the essential steps in the process of incorporation.

General corporate name guidelines

The name you choose must adhere to the state naming guidelines below:

If you plan on using the following words, written consent must be granted by the

• Banker, bank, banc, banking, Banque, deposit, credit union, association, savings, savings, and loan association, building association, building and loan association, trust, thrift, savings banks, trust company
• The Arizona 베팅의민족 name must also be significantly different from other 베팅의민족 names in the state
• The Arizona 베팅의민족 name must also contain the words or abbreviations of the words: company, corporation, limited, or incorporated

Additional rules for naming an Arizona-based corporation may be found on the .

Trademark

Arizona does not require corporations to register their 베팅의민족 names as trademarks; however, it is an accepted 베팅의민족 practice if you choose to do so.

To , simply head over to the and complete the online registration process.

Entity name

A 베팅의민족’s entity name is the name by which the state identifies the corporation. So it is the corporation’s legal name and must be included in all formation documents.

DBA (Doing-베팅의민족-as) name

Arizona corporations can do 베팅의민족 under another name aside from the legal entity name, provided you name with the . Complete the application after specifying the nature of your corporation’s 베팅의민족 and including the name and type of entity registering.

2. Nominate a registered agent

Arizona corporations need to nominate a statutory agent, also referred to as a service of process or registered agent.

This individual has a primary role in fulfilling, and that is accepting compliance documents, government correspondence, and service of process on your 베팅의민족’s behalf. Essentially, they are your corporation’s point of contact with the state.

Anyone may be appointed to be a registered agent, provided they meet the following criteria:

• The Arizona statutory agent should be at least 18 years old
• The Arizona statutory agent should have a street address in the state
• The Arizona statutory agent must keep availability during 베팅의민족 hours
• The Arizona statutory agent must consent to the appointment

3. Appoint initial directors at the organizational meeting

You must hold an organizational meeting where a few tasks like creating and approving bylaws, determining the corporation’s share structure, and selecting initial directors must be completed.

Your corporation needs at least one director who will oversee the company’s operations until the first shareholder meeting is concluded.

This individual is known as the corporate director and is tasked with adopting, amending, and repealing the bylaws in addition to electing, supervising, and removing officers.

You’ll also need to select an incorporator who will sign and deliver the Articles of Incorporation.

4. File Articles of Incorporation

The legal creation of your corporation starts with submitting the Articles of Incorporation with the Arizona Corporation Commission.

The articles must include the following information:

• Each incorporator’s name and address
• The registered agent’s name, address, and signature
• The directors’ contact information like names and addresses
• The number and class of shares to be issued
• A statement of purpose describing the corporation’s type of 베팅의민족
• The 베팅의민족’s name and address

Additionally, the incorporator must sign a and submit it along with the Articles of Incorporation.

This document must contain or declare information regarding civil fraud actions, criminal convictions, and any previous corporate bankruptcies related to the founders of the 베팅의민족. You must also include your 베팅의민족’s fiscal year-end.

Complete the and submit it via mail to the following address:

Arizona Corporation Commission
Corporate Filings Section
1300 W. Washington St.
Phoenix, AZ 85007

Alternatively, complete and submit the application with the ACC also known as the Arizona Corporation Commission – Corporations Division. You’ll find the website by entering the URL acc.gov.

5. Create and approve bylaws

A corporation’s bylaws are the internal legal operating rules that are applicable to all members of the corporation. So it needs to be followed by directors, shareholders, and officers who conduct 베팅의민족.

Additionally, the bylaws must comply with the relevant federal and state laws as well as what’s included in your corporation’s Articles of Incorporation.

While bylaws do not need to be filed in the state, you should consider creating and approving them. This is because they are still legally enforceable documents that instruct all members of the organization to conduct 베팅의민족 in a fair manner.

For example, when conflict arises within the company, the bylaws will determine exactly how that conflict is going to be handled.

When creating and drafting Arizona corporation bylaws, keep the following in mind:

• State the name, purpose, and office location of your 베팅의민족
• State exactly how the board of directors will be elected, how many you are going to have, and how long each director’s term of service will last
• Address how bylaws will be adopted and approved in future
• State exactly how board meetings will be organized and how often they will be held
• Contain a dispute resolution
• State how the officers of the corporation are going to be chosen and state their relevant roles and responsibilities

6. Select a share structure

The unit of ownership of a corporation is referred to as a share of stock. Shares of stock represent percentages of ownership of the company. For example, if a 베팅의민족 issues one share of stock, the shareholder then owns 100% of the corporation.

Shares of stock are structured into classes, and each class is termed a share class. Additionally, each share class holds different privileges and rights. Corporations may choose to have multiple classes, and each class may hold any number of shares.

In the state of Arizona, the allows you to declare whether the corporation will issue one or more authorized share classes of stock.

7. Obtain an EIN

All Arizona corporations need Employer Identification Numbers. The Employer Identification Number is often referred to as a Federal Tax Identification Number.

This is a unique nine-digit code that is used by the Internal Revenue Service to identify 베팅의민족 entities in each state. Essentially, it’s more or less a Social Security number for your corporation.

Applying for and obtaining an EIN is advised as it will be required when you open up a 베팅의민족 bank account for your corporation, submit federal and state taxes and hire staff for your corporation.

Simply go to the IRS website and complete the online application using the to apply for an EIN. Additionally, you may and mail it to the following address:

Internal Revenue Service
Attn: EIN Operation
Cincinnati, OH 45999

8. File Arizona state taxes

The following taxes are payable by all Arizona corporations:

• Corporate income tax: All corporations in Arizona are subject to Arizona’s corporate income tax at a rate of tax is 4.9%.
• Arizona sales tax: Arizona corporations are only liable to pay sales tax on out-of-state sales if they have Nexus in other states. A 베팅의민족’s physical presence in a state is referred to by the legal term Nexus.

9. Arizona 베팅의민족 licenses and permits

The following 베팅의민족 permits and licenses are required by Arizona corporations:

• Arizona 베팅의민족 license: The state of Arizona does not require nor does it issue a statewide 베팅의민족 license. However, based on your city or town of 베팅의민족, you may require a license within that jurisdiction.

Some cities and counties also require that anyone conducting 베팅의민족 in the locality obtain a license. Therefore, you should check with each city or town office in which you plan to conduct 베팅의민족 to find out which 베팅의민족 license is relevant to your corporation and also get further information on 베팅의민족 license renewal in the state.

• State Transaction Privilege Tax License (TPT): Your corporation may need to register for a license from the Department of Revenue. It’s often referred to as a sales tax permit and is actually a tax on the 베팅의민족’s gross sales.
• Resale Certificate: An is needed if you plan on purchasing merchandise to resell in the state. This is because the certificate will ensure that you do not pay sales taxes for merchandise that is being resold to customers.
• Professional Occupational License: A professional occupational license may be required if you are involved in one of the following industries, transport for hire, childcare, construction, massage services, pest control, home inspection, and more. Refer to the website for the full list of occupations requiring a professional occupational license.

10. Annual report requirements in Arizona

Every corporation registered in the state of Arizona must file an annual report, irrespective of whether it is a domestic or foreign corporation. The annual report must be filed with the or ACC each year no later than the anniversary date of incorporation. Additionally, you must file the report .

11. Costs of starting a corporation in Arizona

The following filing fees are applicable to all Arizona corporations:

• DBA name: $10
• Articles of Incorporation: $60
• Annual report: $40
• Arizona Certificate of Good Standing: $10

Next steps after forming a corporation

Some essential steps are necessary even after starting your Arizona corporation. Let’s take a closer look at them below:

Open a 베팅의민족 bank account

Opening up a 베팅의민족 bank account for your corporation is an essential step to ensure that you keep 베팅의민족 expenses separate from your own. Additionally, if you want to stay in good standing with the Internal Revenue Service, you need to open up a 베팅의민족 bank account.

Some of the benefits of having a 베팅의민족 bank account include:

• Managing your cash balance
• Deduct 베팅의민족 expenses for taxes
• Completing and filing your income tax returns with the Department of Revenue
• Executing employee payroll
• Conducting proper accounting

Keep corporate records up to date

Arizona corporations need to keep corporate records in a safe place for reference as and when needed. The following documents and paperwork will need to be kept with your Arizona corporation’s records:

• Agreements between shareholders
• Most recent annual report
• The addresses or places of 베팅의민족 and names of officers and directors
• All written communications to shareholders over the last three years
• A record of the actions taken by shareholders without a meeting
• Minutes of shareholder meetings
• Bylaws
• The Articles of Incorporation

FAQs

How do I look up a corporation in Arizona?

If you’re trying to look up a corporation in Arizona, you’ll find information on the Arizona Secretary of State’s website. You may also complete an on the Arizona Corporation Commission’s website.

Who has to register with the Arizona Corporation Commission?

The Arizona Corporations Commission provides rules and procedures on how to go about in the state. Therefore, irrespective of how it is structured, every 베팅의민족 will need to register with the Arizona Corporation Commission.

What does the Arizona Corporation Commission do?

The Arizona Corporation Commission serves various roles to ensure reliable, safe, and affordable public utility services. Additionally, they are responsible for facilitating the incorporation of 베팅의민족es and organizations in Arizona. They also approve or deny rate adjustments, approve security matters, and enforce safety and public service requirements.

What is my shareholder’s liability in an Arizona corporation?

In the state of Arizona, shareholders and their families are usually not held liable for corporate debts. Some corporation structures, such as the S corporation, ensure that shareholders are only liable for the amount of capital they invest into the 베팅의민족.

What is the difference between a corporation and a limited liability company?

The main difference between an Arizona 베팅의민족 텐카지노 or limited liability company and a corporation is a limited liability company is owned by one or more individuals. In contrast, the shareholders own a corporation in Arizona.