What are Articles of Incorporation?
Articles of Incorporation are legal documents that establish a corporation in Arizona. They outline the basic information about your business, such as its name, purpose, and structure. Filing these documents with the Arizona Corporation Commission is a crucial step in forming a corporation.
What information do I need to provide in the Articles of Incorporation?
You will need to include several key details, including the name of your corporation, the principal office address, the name and address of the statutory agent, the purpose of the corporation, and the number of shares the corporation is authorized to issue. Additionally, you may need to provide the names and addresses of the initial directors.
How do I file the Articles of Incorporation in Arizona?
To file the Articles of Incorporation, you can submit your documents online through the Arizona Corporation Commission's website, or you can mail a paper form. Ensure that you include the required filing fee, which varies based on the type of corporation you are forming.
What is the filing fee for the Articles of Incorporation?
The filing fee for Articles of Incorporation in Arizona typically starts at $60 for a corporation. Additional fees may apply depending on the type of corporation and any optional services you choose, such as expedited processing.
Can I amend my Articles of Incorporation after filing?
Yes, you can amend your Articles of Incorporation after they have been filed. If you need to make changes, such as altering the corporation's name or the number of shares authorized, you will need to file an amendment form with the Arizona Corporation Commission and pay the associated fee.
How long does it take to process the Articles of Incorporation?
Processing times can vary. Generally, online submissions are processed faster than paper filings. You can expect a turnaround time of about 3 to 5 business days for online submissions, while paper filings may take longer, possibly up to 10 business days or more.
Do I need a lawyer to file the Articles of Incorporation?
While you are not required to hire a lawyer to file your Articles of Incorporation, consulting with one can be beneficial. A legal expert can help ensure that your documents are completed correctly and can provide guidance on compliance with state laws.
What happens after I file the Articles of Incorporation?
Once your Articles of Incorporation are filed and approved, your corporation is officially formed. You will receive a certificate of incorporation, which serves as proof of your corporation's existence. After that, you will need to comply with ongoing requirements, such as filing annual reports and maintaining proper records.