The Alpha Arizona Corporation Kit

By Kermit Burton, Alpha Publications

Description:

This Alpha Arizona Corporation Kit is the entrepreneur's low cost and manageable way to pursue business ventures as a corporation.

In the not too distant past, the initial cost of incorporating a business was prohibitive to many otherwise successful entrepreneurs and business organizations. Even today, some attorneys charge fees ranging up to thousands of dollars for a simple corporation.

This does not however mean that some corporations do not require meticulous and extensive attention, which may very well justify these extraordinary fees, but, in the vast majority of cases, a simple corporation does not justify a legal fee even in the hundreds of dollars.

This Alpha Arizona Corporation Kit is completely drafted for the non-lawyer. All of the forms are of the Easy Draft design, which means they are not only substantially predrafted; but also, designed to be either typed or handwritten.

This kit includes, among other things,

• (1) Articles of Incorporation for filing a regular Corporation ("C" Corporation) under Arizona laws,
• (2) Articles of Incorporation for filing an Arizona Professional Corporation under Arizona laws, and
• (3) a Certificate of Incorporation for filing as either a Delaware or Nevada Corporation under the laws of Delaware or Nevada respectively. Also included are two sets of Corporate Bylaws, one set for a regular corporation and the other for a Professional Corporation.

In addition to the articles of incorporation, certificate of incorporation and corporate bylaws mentioned above, the kit also included all of the necessary operational forms, which are:

• (1) First meeting of the incorporators,
• (2) First meeting of the board of directors,
• (3) Monthly meeting of the board of directors,
• (4)Special meeting of the board of directors,
• (5) Special meeting of the stock-holders,
• (6) Annual meeting of the stockholders,
• (7) Annual meeting of the board of directors,
• (8) Blank corporate resolution forms,
• (9) Stock certificates,
• (10) Stockholder's proxy,
• (11) A stock Ledger and Transfer Journal and
• (12) A medical care reimbursement plan and ratifying resolution.

As you can tell from the previous paragraph, we are providing every document, instrument and form necessary to insure the successful filing and legal operation of the corporation.

In other words, with a Alpha Arizona Corporation Kit, you start off by saving hundreds of dollars in attorney fees, then you soon learn the complete filing and operational features of not only an Arizona corporation, but also, a Delaware and Nevada corporation.

This text also include chapters that cover such topics as the 'corporate haven' States of Delaware and Nevada. Each of these so-called corporate haven states offer some advantages to the ultimate entrepreneur which may not be available in Arizona, for example, no "Blue Sky Laws". However, it will be mentioned here that the State of Arizona does not have very strict securities laws, which dictate how stock can be sold to Arizona residents, even though the incorporating state (Delaware or Nevada) do not have such securities laws.

Keep in mind, however, that there may be some very distinct disadvantages in incorporating in either of these states; therefore, you may want to consider the relative advantages and disadvantages prior to pursuing you entrepreneurial aspirations as a foreign corporation.

If, however, sound reasons exist for incorporating in either of these jurisdictions as a foreign corporation, this kit does provide the Certificate of Incorporation as required in each Delaware and Nevada.

This text covers every topic pertinent to the organizing and operation of a corporation including the potential liabilities, tax consequences, conflicts of interest, stock issuance and the limited membership Subchapter S requirements.

Each topic of this text is written especially for those individuals who do not have any experience in incorporation procedures or the applicable laws regarding corporations. Therefore, all of the text material that follows should be thoroughly read, in particular, the step-by-step procedures for organizing and operating the corporation, and the completed specimens in the Appendix A.

Also included in this text (the Yellow Pages) is a "Directory of State Incorporating Departments" that provides the addresses and phone numbers of the state incorporation departments for each of the 50 states.

You may find this information useful in the event the corporate principles decide to pursue a substantial business operation in another state, and thus, register the corporation in such state as a foreign corporation. Keeping in mid that if the corporation name is similar to the name of a corporation already existing in such other state, the corporation can not be registered in that state unless:

• (a) The name is changed or
• (b) substantially altered to avoid a conflict of corporate names or
• ( c) written permission is given by the existing corporation.

As a final note in closing this Introduction, the "Appendix A" of this text (the Blue Page Section) includes fully completed examples of each of the documents, forms and certificates included in this kit, which provides an easy-to-use reference guide for the correct preparation of each of the documents, forms and certificates; therefore, it should be liberally used in all matters regarding the correct preparation of the forms."