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Pursuant to Arizona law, only Corporations are required to file annual reports, on or before their prescribed due date. Do corporations have to file annual reports? Yes.
Who Prepares the Annual Report? Companies may have their own in-house writing and design team, or they may choose to hire an outside firm to prepare their report. Teams usually include accounting, writing, and graphic design professionals.
The state of Arizona requires all Arizona corporations, nonprofits, LPs, LLPs, and LLLPs to file an annual report each year. Arizona LLCs are not required to file an annual report. Corporations and nonprofits file their Arizona Annual Reports with the Arizona Corporation Commission (ACC).
Most states require an annual report, also called a periodic report, statement of information, or annual registration. However, there are exceptions. For example, Arizona doesn't require an LLC annual report, and if you formed your company in Indiana, you only need to send the report every two years.
The publication must be made within 60 days after, and only after Arizona Corporation Commission approves the Articles of Incorporation (Organization). The notice has to be published in a newspaper of general circulation in the county of the known place of business in Arizona for three consecutive publications.
You must include an income report, a balance sheet, and a cash flow statement, as well as a written summary of any big financial changes. Accountant Perspective: In some cases, you may also be asked to include an auditor's report.
Key Things to Know About Annual Reports Currently, all states, except Ohio, require some sort of annual report filing. Specific filing requirements and deadlines vary by state.
What To Look For In An Annual Report? 1) Company Profile. ... 2) The company's vision and mission statements. ... 3) Overview of products and financial highlights over the last 5 to 10 years. ... 4) Director's Report. ... 5) Management discussion and analysis (MDA) ... 6) Corporate Governance Report. ... 7) Information about the company's stock.