After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Arizona corporations.
Arizona corporations must keep the following with their corporate records:
- The Articles of Incorporation and any amendments
- Minutes of shareholder meetings
- Records of actions taken by the shareholders without a meeting
- Written communications to shareholders for the past three years
- A list of names and business addresses of current directors and officers
- Most recent annual report
- Any agreements between shareholders
Corporate taxes and fees
The following are taxation requirements and ongoing fees in Arizona:
- Annual report. Arizona requires corporations to file an annual report and Certificate of Disclosure in the anniversary month of the company’s incorporation on a date assigned by the state. The cost is $45.
- Taxes. For complete details on state taxes for Arizona corporations, visit Business Owner's Toolkit or the State of Arizona.
- Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
- State tax identification number. Arizona does not require a state tax identification number.
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
S corporation election
Arizona recognizes the federal S corporation election and does not require a state-level S corporation election.
Additional Arizona information
View the following additional resources BizFilings has for forming and maintaining companies in Arizona:
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