Steps to Forming an Arizona Corporation
Information We Need From You to Start Your Corporation
1: Select a Name: Your company name must include one of the following words: Association, Bank, Company, Corporation, Limited, or Incorporated (or an abbreviation of one of those words). It may not contain any of the following: Limited Liability Company, Limited Company, or the abbreviations L.L.C., L.C., LLC or LC.
2: Authorize Shares: Ownership in a corporation is determined by who owns its shares of stock. Owners are called shareholders. For most corporations, you would issue an easily-divisible amount of stock (100 shares, for example) and divide the shares among the owners at the first shareholders meeting. If you have only one shareholder, typically you issue only 51% of the authorized shares (giving you control) but leaving the remaining 49% for future partners.
Arizona also asks for the class of stock and the par value. Most corporations issue only common stock, which confers ownership and voting rights. Par value is not the actual value of your stock, but rather the lowest price for which the stock can be sold.
3: Choose Management: Corporations are managed by their Directors. Directors create company policy, hire corporate officers, set salaries and bonuses, etc. Generally, you would simply serve as your corporation’s Director. The Directors appoint the corporate officers (President, Secretary, and Treasurer). Most of the time, you’ll perform all these roles.
4: Remaining Info Needed to File:
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Professional corporation services: if you are starting a corporation that will offer professional services (law firm, accounting agency, etc.) you will need to list the service here.
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Character of business: description of the type of lawful business you intend to conduct (this can change in the future). A general business clause is preferred.
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Arizona known place of business: the physical street address of your business office in Arizona. This can be the address of your Arizona statutory agent.
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Directors names and business addresses: the names and business addresses of each and every Director of your corporation.
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Statutory Agent: a legal statutory agent must have a physical address in the state of Arizona, known as a registered office (cannot be a PO box). Our Speedy filings come with one free year of Arizona registered agent service by Northwest Registered Agent. This keeps your private home or office address out of the public record and fulfills the mailing, principal and registered office requirements.
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Certificate of Disclosure: Arizona requires you to file a secondary document that discloses any felony committed by an officer, director, trustee, incorporator or any individual who owns more than 10% of your company’s stock or membership interest.
You must also disclose if any officer, director, trustee, incorporator, or individual who controls 20% of your company’s stock or membership interest has ever served in a corporation (other than your own) that filed for bankruptcy.
Form Your Corporation Here Online
Steps to Forming an Arizona LLC
Information We Need From You to Start Your LLC
1: Select a Name: Your company name must include the words Limited Liability Company, Limited Company, or one of the abbreviations L.L.C., L.C., LLC or LC. It may not include the words: Association, Corporation, Incorporated, or any abbreviation of those words. To see if your name is available, perform an Arizona business name search.
2: Membership: LLC owners are known as members. An LLC does not issue stock the way a corporation does. Instead, a percentage of ownership is simply assigned to each member, usually based upon what each member contributes (though not always).
3: Choose Management: In most LLCs, the members manage the company and are involved in the daily business. However, you can appoint a single manager to oversee business. A manager can be an LLC member or an outside party.
4: Remaining Info Needed to File:
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Professional limited liability company services: if you intend to offer professional services (law firm, accounting agency, etc.) you must describe your services.
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Statutory agent: legal statutory agents must maintain a physical street address in the state of Arizona. This is a registered office, and it cannot be a PO box. Our Speedy filings include one free year of statutory agent service from Northwest Registered Agent. This keeps your private home or office address out of the public record and fulfills the mailing, principal and registered office requirements.
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Arizona known place of business: this is the address of your business office in Arizona (you can list the office of your Arizona statutory agent).
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Duration: if you have a specific date when you want your LLC to dissolve, you must list that date here. Otherwise, your LLC’s duration will be assumed to be perpetual.
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Management form: Arizona requires you to include with your filing a list of the names and addresses of all your members or managers. If you’re LLC is managed by its members, you include the member information. If it is managed by a manager (or managers), you include the manager(s) information.
Form Your LLC Here Online
Testimonials
“Great service and delivery as fast as expected. I’m glad I chose you for the service. Thanks so much.” – Kelly T., Avondale, Arizona
“You provide an excellent service. I thought incorporating would be daunting to say the least. I’m glad I had you to guide it along.” – Sara E., Tucson, Arizona
“I knew I needed an LLC and I also knew I didn’t want to spend a fortune to do it. Luckily, I found you. Thanks.” – Jaime Z., Flagstaff, Arizona
