What type of legal documents should I keep on file?

An important part of running a small business in Arizona is keeping track of important legal documents. It is best practice to keep the following documents on file and updated as needed: 1. Articles of Incorporation: This document lists the official business name, purpose, and type of business structure. 2. Business License: Depending on the specific type of business and the state laws, you may need a license issued by the Arizona Department of Revenue. 3. Operating Agreement: This agreement establishes the responsibilities of each member involved in the business and outlines the roles and authority of each member. 4. Tax Documents: These documents include tax returns, financial statements, and other documents related to taxes. 5. Bylaws: These documents help define the formalities of the business, such as how often meetings are held, voting procedures, and the makeup of the board of directors. 6. Contract: If your business engages in contracts with customers, vendors, or other businesses, you should keep all contracts on file. 7. Legal Notices: If your business is involved in legal proceedings, keep all official notices from the court on record. By keeping these documents on file and making sure they are up-to-date, you will be able to stay in compliance with state laws and regulations and protect your business in the event of a legal dispute.

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What type of legal documents should I keep on file?

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