Form Assignment Accounts With Skins In Arizona
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The initial contract must provide for the possibility of assignment by one of the initial contracting parties. The assignor must agree to assign their rights and duties under the contract to the assignee. The assignee must agree to accept, or "assume," those contractual rights and duties.
In Arizona, most real estate contracts are assignable unless explicitly stated otherwise in the agreement. Certain conditions may affect this, however. For example, contracts involving personal services or that require specific qualifications of the parties may not be assignable.
The fastest, most convenient way to submit your documentation is by using the A.C.C.'s online services at . If you are forming an LLC, you will submit Articles of Organization. If you are forming a corporation, you will submit Articles of Incorporation.
How do I form an S corp in Arizona? First, you'll need to form an LLC or C corporation, if you haven't already done so. To elect S corp status, you need to file Form 2553, Election by a Small Business Corporation, with the IRS.
A certified copy of your Articles of Organization or Articles of Incorporation can be ordered by mail or in person, but we recommend mailing. Normal processing takes up to 2 weeks, plus additional time for mailing, and costs 50 cents per page, not to exceed $15. LLC documents will have additional charges.
Arizona does not require LLCs to file an annual report. Taxes. For complete details on state taxes for Arizona LLCs, visit Business Owner's Toolkit or the State of Arizona .
