Phoenix Arizona Sample Letter for Explanation as to Tardiness of Corporation Formation

• Category: Letters - Legal - Corporate
• State: Multi-State
• City: Phoenix
• Control #: US-0455LTR
• Format: Word; Rich Text

Description

Sample Letter for Explanation as to Tardiness of Corporation Formation

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP] Subject: Explanation for Tardiness in Corporation Formation Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to provide an explanation for the delay in the formation of our corporation, [Company Name], in Phoenix, Arizona. We sincerely apologize for the inconvenience this delay may have caused and understand the importance of promptly completing this process. Firstly, let us start by giving you a brief overview of Phoenix, Arizona. Located in the southwestern United States, Phoenix is the capital city of Arizona and the fifth-largest city in the country. Known as "The Valley of the Sun," Phoenix offers a diverse range of opportunities, including a vibrant economy, a thriving cultural scene, and numerous recreational activities. The city's favorable business environment and strategic location make it an ideal location for corporations to establish their presence and thrive. Now, going back to our corporation formation, we understand that this process should ideally be completed within a reasonable timeframe, and we regret that we have not met this expectation. Unfortunately, unforeseen circumstances and challenges have caused the delay in our corporation formation. Below, we outline the main reasons for this tardiness: 1. Legal Compliance: Our legal team encountered unexpected complexities while ensuring full compliance with all relevant federal and state regulations governing corporation formation. We believe that adhering to these legal requirements is crucial for the long-term success and stability of our corporation. 2. Document Collection: Gathering and compiling the necessary documentation and supporting evidence required for the formation process took longer than initially anticipated. We wanted to ensure that all records and paperwork were accurate, complete, and free from any errors or discrepancies. 3. Administrative Hurdles: The bureaucratic processes associated with corporation formation, such as obtaining permits, licenses, and tax identification numbers, have proven to be more time-consuming than initially estimated. We have diligently followed up with the concerned authorities to expedite these processes. Despite these challenges, we want to reassure you that we are actively working to expedite the completion of our corporation formation. We have taken immediate steps to address the aforementioned issues and have allocated additional resources to accelerate the process. We are confident that we will complete the necessary procedures within the shortest possible time frame. Furthermore, we sincerely apologize for any inconvenience or concerns this delay may have caused you or your organization. Furthermore, we highly value our relationship with [Recipient's Company Name] and are committed to fulfilling our contractual obligations once our corporation is officially formed. Furthermore, we assure you that this delay will in no way affect the quality or timeliness of our future collaboration. If you have any further questions or require additional information, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. We greatly appreciate your understanding and patience during this process. Thank you for your attention to this matter. Warm regards, [Your Name] [Your Position] [Company Name]