About Louis Denetsosie
Louis Denetsosie is a business and corporate attorney at Louis Denetsosie, P.C. serving Arizona, Arizona. Business law practice in Arizona involves entity formation and governance under Title 10 (corporations) and Title 29 (LLCs) of the Arizona Revised Statutes, as well as commercial contracts, business disputes, and regulatory compliance under the Arizona Corporation Commission's oversight. For consultation, contact details are listed below.
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Education
- Law School: Arizona State
Common questions about Business Law in Arizona
Answered by Arizona Attorney Search Network
Do I need to register a foreign business in Arizona?
Yes, if your out-of-state entity is 'transacting business' in Arizona under ARS § 10-1501 (corporations) or § 29-3702 (LLCs). Activities like maintaining an office, holding employees, signing contracts in Arizona, or owning real property usually require foreign qualification with the Arizona Corporation Commission. Mere isolated transactions, holding shareholder meetings, or owning bank accounts typically do not.
What does the Arizona Corporation Commission regulate?
The ACC under Article XV of the Arizona Constitution regulates incorporated entities (filings, annual reports), public utilities and pipelines, securities offerings, and railroad and utility safety. Business entity matters include filing Articles of Incorporation/Organization, accepting service of process, and maintaining the public corporate registry.
What's the difference between an LLC and a corporation in Arizona?
An LLC under ARS Title 29 (Arizona Limited Liability Company Act) offers liability protection with pass-through tax treatment by default and minimal corporate formalities. A corporation under ARS Title 10 has shareholders, directors, and officers, requires annual meetings and minutes, and is taxed as a separate entity (C-corp) unless an S-election is made. LLCs are generally preferred for small businesses; corporations are preferred when raising venture capital.