The statutory agent can independently complete and submit form M002, the. 1. How do I form a corporation?2. How do I form a nonprofit corporation? This article details the steps and paperwork necessary to create a business in Arizona. The following is a checklist and explanation from A to Z of the tasks necessary to incorporate a business in Arizona. There are two ways to form a corporation you can form one yourself or you can hire a service to do it for you. An Arizona LLC gives you some of the benefits of a corporation and keeps your business owners' personal liability to a minimum. The new business must obtain their own transaction privilege tax (TPT) license if the business engages in a taxable business activity. Licensing and Taxes. Arizona Revised Statutes Section 103206 requires all Arizona nonprofit corporations to have Bylaws.