Filing an annual report is a requirement for business owners in Arizona, and you must do it every year. A company’s financial state, including income and expenses, assets and liabilities, taxes, and other significant data, is described in an annual report. This post will explain how to file an annual report in Arizona and provide answers to some related queries.
In Arizona, business registration and regulation are under the control of the Arizona Corporation Commission (ACC). You must do the following actions in order to file an annual report:
Step 2: Select the “Annual Reports” tab after logging in. If you are filing as an LLC, corporation, or partnership, choose that entity type.
Step 3: Complete the necessary information. Name, address, registered agent details, and the nature of your company’s operations are all included. You must also include information about your company’s financial situation, including your earnings, expenses, and taxes.
Pay the filing fee in step four. Depending on the sort of organization you are, filing an annual report in Arizona costs a different amount. For instance, corporations pay $45 plus a $9 processing fee, while LLCs pay $45.
What Happens in Arizona If You Don’t File an Annual Report?
In Arizona, if you don’t submit an annual report, your company could be fined or possibly shut down. You’ll receive a notice of non-compliance from the ACC with a due date for your report. Your company will be classified as being “not in good standing” if you continue to fail to file. If you continue to ignore your reporting requirements, you will be assessed late fees and may be subject to legal action.
Articles of incorporation must be submitted to the ACC in order to create an LLC in Arizona. Articles of incorporation cost $50 to file. To keep your LLC in good standing with the state, you’ll also need to pay a $45 yearly report fee.
You must do the following actions in order to file articles of organization in Arizona:
Fill out the articles of organization form in step two. These details include the name, address, registered agent, and members’ names and addresses for your LLC.
Submitting your articles of organization is step four. Your form can be submitted online or by mail. How to Locate Arizona Articles of Incorporation
You can search the ACC’s online database to find the articles of incorporation for a company in Arizona. Visit the ACC website, then select the “eCorp” tab. From there, you can look up a company using its name or entity ID. You should be able to locate the articles of incorporation for the company you’re looking for on file with the ACC if it is an Arizona-registered business.
To sum up, submitting an annual report in Arizona is a critical duty you must carry out each year to keep your company in good standing with the state. You can quickly file your annual report and stay on top of your reporting requirements by following the instructions provided in this article. Additionally, the information in this article should help you through the procedure whether you’re founding an LLC in Arizona or need to find articles of incorporation.
Depending on the particular type of license possessed, different licensees may be required to present evidence of good standing with the Arizona Corporation Commission along with an application for renewal. It is advised to inquire about the particular regulations that apply to your license with the Arizona Corporation Commission or the licensing body.
Yes, you must publish a notice of the establishment of your LLC in a newspaper within 60 days after filing your articles of organization in Arizona. This notice must be published for three consecutive weeks and provide particular information about your LLC. You must submit an affidavit of publication to the Arizona Corporation Commission upon publication.