If you own a business in Arizona, you might be asking whether you have to file an annual report for your LLC. Yes, Arizona does require LLCs to submit an annual report on a yearly basis. This report aids the state in monitoring your operation and making sure you are adhering to all rules.
The report must be submitted by the anniversary of the creation of your LLC. As an illustration, if your LLC was established on January 1st, your annual report would be due on that date each year. The report must be filed online through the Arizona Corporation Commission’s website and costs $50.
Arizona LLCs are required to file a Certificate of Disclosure within 30 days of any changes to the LLC’s management or ownership structure in addition to the annual report. Changes to the LLC’s managers, members, or registered agent fall under this category. A Certificate of Disclosure must be filed for a charge of $25.
Now, you could also be asking if a Certificate of Good Standing is still valid. A Certificate of Good Standing in Arizona is good for 60 days after the day it was issued. This certificate demonstrates that your LLC has met all requirements and is in good standing with the state.
A Certificate of Good Standing is intended to demonstrate to third parties—such as banks or other businesses—that your LLC is legitimately in business in the state and in compliance with all applicable laws. Additionally, it might be necessary when requesting specific licenses or permits.
You can submit an online request for an Arizona Certificate of Good Standing through the Arizona Corporation Commission’s website. An official Certificate of Good Standing costs $10. In conclusion, it’s critical to maintain current with the filing requirements for Certificates of Disclosure and Annual Reports if you own a business in Arizona and have an LLC. Additionally, acquiring a Certificate of Good Standing is a reasonably easy process and can benefit your company in a number of ways. As always, if you have any questions or concerns about your LLC’s compliance with state laws, you should get legal advice.
You must submit an application along with the necessary payment to the Arizona Department of Health Services (DHA) in order to receive a Certificate of Good Standing. Both online and mail applications may be submitted. The name of your LLC, its Arizona Corporation Commission (ACC) file number, and other details must be provided. The Certificate of Good Standing, which attests that your LLC is in conformity with state laws and has paid all appropriate fees and taxes, will be issued by DHA once your application has been processed and approved.