The statutory agent can independently complete and submit form M002, the. This article details the steps and paperwork necessary to create a business in Arizona.1. How do I form a corporation? 2. How do I form a nonprofit corporation? 1. Choose a business name for the corporation and check for availability. Arizona Corporate Bylaws create the policies and procedures for your corporation. Our free, attorney-drafted template can get you started. This guide will help you file formation documents, get tax identification numbers, and set up your company records. Arizona law requires all Arizona corporations to hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws. Arizona corporate bylaws contain the rules and regulations for running your corporation and establish its organizational structure.