Metal-mediated redox processes are of fundamental importance in a wide variety of bond formation and cleavage reactions. The utility of transition metal catalysts in this type of reactions stems from their ability to switch between two (or more) oxidation states. Recently, there has been increased interest in redox processes that do not occur at the metal centre, but instead take place within the ancillary ligand framework (so-called 'redox-active' or 'non-innocent' ligands). [1] The use of organic ligands as redox equivalents is of key importance in biological (enzymatic) transformations, [2] and has been shown to open new reactivity pathways in catalysis. [1c] The most studied ligands of this class are dithiolenes and dioxolenes, while recent work has focussed on α-diimines [3] and bis(imino)pyridines. [4] A class of ligands that has found widespread utility in the synthesis of metal complexes across the periodic table are the monoanionic β-diketiminates. [5] These are generally considered as stable ligand scaffolds without involvement in redox-chemistry. Recently, examples of β-diketiminate metal complexes were reported in which the ligand was either reduced to a metal-bound di-or trianion, [6] or oxidized to a neutral radical species. [7] However, the limited stability of β-diketiminate complexes upon changing oxidation state prevents widespread application. [8] Formazanates (1,2,4,5-tetraazapentadienyls), [9] which are close analogues of β-diketiminates, have received comparatively little attention as ligands in coordination chemistry. [10] The stability of organic 6-membered heterocyclic radicals (verdazyls) that are derived from formazans prompted us to explore the use of formazanates as potential redox-active ligands (Chart 1). Here we show that zinc complexes with formazanate ligands engage in remarkably facile and reversible redox-chemistry which allows the full characterization of bis(formazanate) L 2 Zn complexes in charge neutral, anionic or dianionic redox states.