1. Select a new statutory agent: Prior to altering your statutory agent address, a new statutory agent must be selected. The new agent must have a physical address in Arizona that is not a P.O. Box. Regardless of whether the agent is an individual or a business, they must consent to accept legal documents on your behalf. 2. Finish the required paperwork: A Statement of Change of Known Place of Business, Statutory Agent, or Statutory Agent’s Address form must be submitted to the Arizona Corporation Commission in Arizona. This form can be submitted online or by mail. You must fill out the form with details about your company, your old statutory agent, and your new statutory agent. 3. Pay the filing fee: Changing your statutory agent’s address in Arizona requires paying a filing fee. The current filing fee is $10 if you file by mail or $5 if you file online. You have two options for paying the fee: online or by mailing your application along with a cheque or money order. 4. Await confirmation: After submitting your application and paying the cost, you must wait to hear whether your new statutory agent address has been approved. Once your application has been processed, the Arizona Corporation Commission will email you a confirmation letter. Can I act as my own statutory agent? You can act as your own statutory agent in Arizona, yes. However, acting as your own agent has several disadvantages. In order to be served with legal papers during regular business hours, you must first have a physical address in Arizona. This means that a P.O. Box is not an option. Second, it may not be advisable for privacy reasons if you act as your own agent because your home address would be made public.
There are a number of things to take into account while choosing between an LLC and a sole proprietorship. Due to the separation of personal and corporate assets, an LLC offers business owners more liability protection. A sole proprietorship makes the firm owner personally liable for any incurred debts or legal problems. But establishing and running a solo proprietorship is typically simpler and less expensive.
Identifying the primary place of business
The main place where your business operates is known as your principal place of business. A lease agreement, utility bills, or business permits that demonstrate your company is housed at a certain address may be required as proof of your principal place of business. When submitting specific legal documents or making an application for a business license, these information can be needed.
What is the Statutory Address? Your chosen statutory agent’s address is referred to as a statutory address. Legal notices and other official letters pertaining to your business should be sent to this address. Maintaining your statutory address is crucial if you want to receive vital legal notices and stay out of trouble with the law.