You might be interested in learning more about the rules for keeping your Limited Liability Company (LLC) status if you’re considering launching a business in Alabama. Whether you must renew your LLC yearly in Alabama is one of the most often asked issues.
The short answer is no, Alabama does not need you to renew your LLC annually. To keep your LLC in good standing, you must submit a yearly report to the Alabama Secretary of State. The annual report must be submitted no later than the third anniversary of the date your LLC was formed. The yearly report filing fee is $100.
Accordingly, Alabama charges $28 to register a business name. The Alabama Secretary of State must receive payment of this non-refundable charge. Additionally, you must register your trade name with the Secretary of State if you want to operate your business under a name other than the name of your LLC. Additionally, registering a trade name costs $28.
People sometimes query whether an LLC in Alabama needs to have a registered agent. Yes, every LLC in Alabama is required to have a registered agent. Legal papers, such as lawsuits and subpoenas, must be received by the registered agent on behalf of the LLC. The registered agent must be an Alabama resident or a company that is permitted to conduct business there. You can choose a member of your staff to act as the registered agent or you can engage a qualified registered agent.
You do require a registered agent for your LLC in Alabama, keeping this in mind. The LLC’s Articles of Organization, which are submitted to the Secretary of State when the LLC is founded, must list the registered agent. In order for legal documents to be properly served, it is crucial to keep the registered agent information current with the Secretary of State.
You must submit Articles of Organization to the Alabama Secretary of State in order to establish an LLC there. The Articles of Organization must be filed for $100. Basic information about your LLC, including the name, registered agent information, and principal office address, must be provided. The Secretary of State will issue you a Certificate of Formation once your LLC has been approved.
In Alabama, your LLC does not need to be renewed annually, but you do need to file an annual report and maintain your registered agent information up to current. In Alabama, registering a business name costs $28, and submitting the articles of organization costs $100. To keep your LLC in good standing and shield your personal assets from corporate debts and liabilities, it’s critical to adhere to all rules and regulations.
Yes, you must register your business with the Alabama Secretary of State if you wish to run a business in Alabama. This involves submitting the required documents and paying the necessary costs to establish a corporation, limited liability company (LLC), or other type of legal business entity.