The Arizona Pre-injury Checklist is a comprehensive guide that outlines the necessary steps and requirements to successfully incorporate a business in the state of Arizona. This checklist is specifically designed to help entrepreneurs and business owners understand the processes involved in forming a legal entity and ensure compliance with the state's regulations. By following this checklist, individuals can effectively navigate through the pre-incorporation phase and set a solid foundation for their business operations. Here are the key aspects covered in the Arizona Pre-injury Checklist: 1. Business Structure: The checklist explains the different types of legal entities available for incorporation in Arizona, including sole proprietorship, partnerships, limited liability companies (LCS), and corporations. It provides insights into the advantages and disadvantages of each structure, helping entrepreneurs make an informed decision based on their business goals and objectives. 2. Name Availability: Choosing an appropriate business name is crucial. This checklist directs business owners to conduct a name search with the Arizona Corporation Commission (ACC) to ensure the desired name is available and complies with the state's naming requirements. 3. Registered Agent: Arizona law mandates that every corporation and LLC must appoint a registered agent who will receive legal documents and official correspondence on behalf of the business. The checklist highlights the importance of selecting a reliable registered agent and includes guidelines on the eligibility and responsibilities associated with the role. 4. Articles of Incorporation/Organization: This section provides step-by-step instructions on preparing the necessary documents for filing with the ACC. It explains the essential information to be included in the articles of incorporation for corporations or articles of organization for LCS. 5. State Licensing and Permits: Depending on the type of business, entrepreneurs may need to obtain specific licenses or permits from state agencies in Arizona. The checklist highlights the common licenses required for various industries and provides resources to access additional information. 6. Federal Tax ID (EIN) Application: This checklist outlines the process of obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). It includes instructions for completing the application and highlights the importance of this unique identifier for various tax and financial purposes. 7. Professional Assistance: While not mandatory, seeking professional assistance from attorneys, accountants, or business consultants is highly recommended during the pre-incorporation phase. The checklist encourages entrepreneurs to consult with relevant professionals to ensure compliance with legal and financial obligations. Types of Arizona Pre-injury Checklists: 1. Arizona Pre-injury Checklist for Corporations 2. Arizona Pre-injury Checklist for LCS 3. Arizona Pre-injury Checklist for Sole Proprietorship 4. Arizona Pre-injury Checklist for Partnerships Note: The specific requirements and procedures may vary between different business entities, making it important to utilize the appropriate checklist based on the desired structure.
Arizona Pre-Incorp Checklist
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How to fill out Arizona Pre-Incorp Checklist?
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As per Section 29-3105 of the Arizona LLC Act, an Operating Agreement isn't required for an LLC in Arizona.
File Arizona Articles of Incorporation Agency:Arizona Corporation Commission - Corporations DivisionFiling Method:Mail, in-person, or online.Agency Fee:$60 + optional expedite feeTurnaround:See state-published current processing times (usually about two months). ~7-10 business days for $35 expedite fee.Law:ARS §10-2023 more rows
§§ 29-3102 and 29- 3105 through 29-3107. An operating agreement is not required by statute. If there is not operating agreement, then the LLC statutes will govern how the LLC conducts its affairs. Your needs may not be addressed by those statutory provisions, and, therefore, you might want an operating agreement.
How do you dissolve an Arizona Limited Liability Company? To dissolve your LLC in Arizona, you submit the completed Form LL: 0020 Articles of Termination to the Arizona Corporation Commission (ACC) by mail, fax, or in person. Arizona has a cover sheet that should be included with filings.
Start an LLC in Arizona Step 1: Choose and Register an LLC Name for Your Arizona Business. ... Step 2: Designate an Agent for Service of Legal Documents. ... Step 3: File Articles of Organization and Publish. ... Step 4: Create an Operating Agreement. ... Step 5: Obtain an Employer Identification Number (EIN)
Arizona requires LLCs to publish notice of the incorporation within 60 days of incorporation in a publication (i.e. newspaper) in the known place of business for three consecutive publications.
Although most states do not require the creation of an operating agreement, it is nonetheless regarded as a critical document that should be included when forming a limited liability company. Once each member (owner) signs the document, it becomes a legally binding set of regulations that must be followed.
Name your Arizona LLC. ... Choose your statutory agent. ... Prepare and file articles of organization. ... Receive a certificate from the state. ... Create an operating agreement. ... Complete publication requirements. ... Get an Employer Identification Number.