This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of The Corporation Form Of Ownership In Arizona
Instant download
Description
Free preview
Form popularity
FAQ
If you want to file an annual report, please log into or create an eCorp account and file online. All documents must be submitted with a Cover Sheet. The Cover Sheet is a Miscellaneous form. All forms are in PDF format and are fillable (you can type in them).
Corporations require annual meetings, directors meetings, recorded meeting minutes, and a notable amount of paperwork, while LLCs have little to no maintenance of this type. LLCs not only require less resolutions, but can make executive decisions without the need to hold an official meeting.
The corporation is required by law to adopt bylaws. Bylaws are written rules that govern how the corporation operates internally, such as how the Board of Directors will be elected and what votes are required for a particular action. Bylaws can have any provision in them that is not prohibited by law. See A.R.S.
How to Start an S Corp in Arizona Name your LLC. Appoint an Arizona Statutory Agent. File Articles of Organization. Create an operating agreement. Apply for an EIN. Meet the publication requirement in Arizona. Apply for S Corp status with IRS Form 2553.
Full Transfer: Selling an Arizona LLC Consult your OA first. It should have detailed information about how to handle full transfers and sales to outside entities. Get member approval. Determine the buyer's interest. Draft and execute a buy-sell agreement with the buyer.
Arizona LLC Name Requirements Your business's name must end with one of the following: Limited liability company. Limited company. L.L.C.
Write a detailed bill of sale outlining what the buyer is purchasing. If you're the sole owner of the LLC, make sure it's clear whether they're buying 100% ownership or just the assets of the business. File all required forms with the IRS — including Form 8822-B, for changing the LLC's “responsible party.”
How to Download Articles of Incorporation from the Arizona Secretary of State Website Navigate to ( ) Insert your organization's legal entity name in the "Entity Name" field. Click "Search" Click on your organization's "Entity Name"
Transferring Ownership of a Corporation Corporations are by far, the easiest to types of incorporated structures to transfer, whether this is part or the whole company. As we discussed earlier in this guide, C Corporations have no legal limit on the number or types of shareholders.
The corporation is required by law to adopt bylaws. Bylaws are written rules that govern how the corporation operates internally, such as how the Board of Directors will be elected and what votes are required for a particular action. Bylaws can have any provision in them that is not prohibited by law. See A.R.S.