CORPORATIONs & LLCs Page 1 of 4 IN ARIZONA profit, or foreign corporations Publishing authorized to transact business; The state of Arizona requires that all GENERAL INFORMATION the reserved or registered name newly filed corporations and LLCs of a corporation; the fictitious publish a copy of their recently filed name of a foreign corporation; articles (LLCs can file a "notice") the name of a limited liability with a newspaper of general Initial Filing Requirements company or foreign limited circulation that is acceptable to the liability company; the Arizona Corporation Commission. Below is an overview of Arizona's partnership name of a limited fees and initial requirements for liability partnership, registered Filing Fees corporations and limited liability limited liability partnership, or Corporations LLCs companies. registered foreign limited liability Filing of Articles* $60 $50 Expedited Filings $35 $35 partnership. Amendments* $25 $25 Choosing a Name • Use of the words such as, Good Standing $10 $10 The following rules apply for "Arizona" or "Service" do not Certificate choosing a name for a corporation: lend to the name being Application for $175 $150 • Corporation Names must contain Authority* distinguishable. However, words * All of these items require publishing the word "association", like, "Enterprises" or "Ventures" subsequent to the state filing. See "corporation", "company", do help to make a name Publishing for more details. "incorporated", or "limited", distinguishable. "Corp.", "Inc." or "Co." Our fees for setting up a new entity • Limited Liability Companies must Filing Times include the cost of publishing articles contain the word "limited liability Standard Filing - 6 Weeks (plus mail and filing the state required Affidavit company", "LLC", or "L.L.C." time) of publishing with the Arizona • Should not contain language Expedited Filing - 1-2 Weeks (We Corporation Commission. stating or implying that the deliver and pick up articles directly corporation is organized for an from the Arizona Corporation Publishing rules also apply to any unlawful purpose. Commission) Amendments filed and to all Foreign • Should be distinguishable from Corporations & LLCs who file an the name of domestic, non- Authority to Do Business in Arizona. www.YoungFTA.com Robyn D. Young, CPA, LLC 480-367-6633 This is for general information purposes and does not substitute professional or legal advise. Please notify and contact our office if you find any errors in this document. CORPORATIONs & LLCs Page 2 of 4 IN ARIZONA Management Requirements • Records of shareholders' actions Forms: Annual Report (E-File) - taken without a meeting; Electronically File Annual • Written communications to Report (instructions) For Corporations shareholders within past three • Directors: One or more; No years; Due Pre-printed annual reports residence requirements; no age • List of names and business Dates: are mailed to companies requirements; Initial Directors addresses of current directors two months before the must be listed on Articles of and officers; due date. The annual Incorporation. • Most recent annual report; report is due by the • Officers: Not required to be listed • Any agreements among anniversary day of on Articles; Reported on annual shareholders. formation. Non-profits are report. due 4 and a half months • Stock: Number of shares or par For LLCs after the fiscal year end, value does NOT alter filing fees The state of Arizona does not have or April 15th for calendar or annual fees. any requirements for Limited year filings. Liability Companies to maintain For LLCs anything similar to corporate • Must have at least one Member. records. Corporation Tax Return Records Requirements Arizona 6.968% of net income or Tax: $50, whichever is For Corporations Corporations greater. The following are required to be kept in your corporate records: Forms: Form 1120 – 2006 US • Articles of incorporation and all Corporation Income Tax Annual Filing Requirements amendments; Return (instructions) • Current bylaws; • Minutes of shareholders' Annual Report Form 1120S – 2006 US meetings; Fee: Annual Report fee is $45 Income Tax Return for an (Profit) and $10 (Non- S Corp (instructions) Profit). www.YoungFTA.com Robyn D. Young, CPA, LLC 480-367-6633 This is for general information purposes and does not substitute professional or legal advise. Please notify and contact our office if you find any errors in this document. CORPORATIONs & LLCs Page 3 of 4 IN ARIZONA Form AZ 120 - 2006 Partnership Forms List - Corporate Tax Return Annual Filing Requirements Partnership Forms 1999- (instructions) 2006 Form AZ 120S - 2006 Annual Report Corporate Forms List - Sub S Corporation Tax • There is no annual report Corporate Forms 1999- Return (instructions) requirement for LLCs 2006 Corporate Forms List - LLC Tax Returns Due Federal - Must be filed Corporate Forms 1999- Arizona The corporate tax rate is before the 15th day of 6.968% of net income. If Date: 2006 Tax: the 4th month following the LLC elects to be taxed the close of the tax year, Due Federal - Must be filed as a Corporation, the or April 15th for calendar Date: before the 15th day of minimum tax will be $50. year filings. the 3rd month following the close of the tax year, Forms: Form 1065 – 2006 US Arizona - Must be filed or March 15th for Partnership Return of before the 15th day of calendar year filings. Income (instructions) the 4th month following the close of the tax year, Arizona - Must be filed by Form AZ 165 - 2006 or April 15th for calendar April 15th for a business Income Tax Return (if year filings. operating on a calendar LLC filing as a (If filing as a corporation year, or by the 15th day Partnership) follow those due dates.) of 4th month following (instructions) the close of the fiscal year. Form AZ 120 - 2006 My Notes: Income Tax Return (if _________________________ LLC filing as a Corporation) _________________________ Limited Liability Company (instructions) _________________________ www.YoungFTA.com Robyn D. Young, CPA, LLC 480-367-6633 This is for general information purposes and does not substitute professional or legal advise. Please notify and contact our office if you find any errors in this document. CORPORATIONs & LLCs Page 4 of 4 IN ARIZONA Arizona State Statutes _________________________ Tucson Corporations Division _________________________ To research the State Statutes for 400 West Congress Ste. 221 Arizona Corporations, click here. Tucson, AZ 85701-1347 _________________________ To research the State Statutes for (520) 628-6560 _________________________ Arizonan LLCs and Partnerships, click http://corporation.azcc.gov/ here. _________________________ Arizona Department of Revenue _________________________ P.O. Box 29079 Licensing Phoenix, AZ 85038-9079 _________________________ (602) 255-3381 _________________________ Business Licenses 1-800-352-4090 To check on licensing requirements http://www.revenue.state.az.us _________________________ for your business type, go to: _________________________ licensing guide. Arizona Department of Commerce 1700 W. Washington, Suite 600 _________________________ Agencies Phoenix, AZ 85007 _________________________ (602) 771-1100 If you have further questions http://www.azcommerce.com/ _________________________ regarding business filings or fees, _________________________ need additional filing forms, or want My Notes: to contact your state's business _________________________ _________________________ division; here are the agencies' _________________________ contact information. _________________________ _________________________ _________________________ Arizona Corporation Commission _________________________ Corporations Division _________________________ 1300 West Washington _________________________ _________________________ Phoenix, AZ 85007-2929 _________________________ (602) 542-3026 _________________________ www.YoungFTA.com Robyn D. Young, CPA, LLC 480-367-6633 This is for general information purposes and does not substitute professional or legal advise. Please notify and contact our office if you find any errors in this document.
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