In Alabama, opening a business is a thrilling and rewarding experience, but before you can get started, you must register your business name with the Secretary of State of Alabama. In this post, we will address some of the most often asked concerns regarding the price and procedure of registering a business name in Alabama.
In Alabama, registering a small business is a rather simple procedure. Choosing an original name for your company that does not contradict with any already existing, state-registered enterprises is the first step. The Business Entity Search tool provided by the Alabama Secretary of State allows you to look up already-existing company names.
After deciding on a name for your business, you must decide on its legal form, such as a single proprietorship, partnership, LLC, or corporation. You might need to submit additional paperwork to the state, depending on the kind of business entity you select.
The Alabama Secretary of State must then receive your business registration paperwork. You can accomplish this by mail or online utilizing the Alabama Business Services portal. Information like your company’s name, legal form, address, and contact details must be provided. Last but not least, you must acquire the required licenses and permits in order to run your business in Alabama. Depending on the kind of business you’re launching and where it will be located, several licenses and permits may be needed. How much does it cost in Alabama to register a business name?
Depending on your company’s legal structure, different business names in Alabama cost different amounts to register. For instance, whereas forming an LLC or corporation costs $165, forming a sole proprietorship or partnership only costs $28. You might also have to pay extra fees for extra services, such expedited processing or certified copies of your registration documents, on top of the registration price. These charges may cost between $10 and $50. Does Alabama permit domestication of LLCs?
In Alabama, an LLC founded in another state may register to conduct business there as a foreign LLC because domestication of LLCs is permitted. You must submit a Certificate of Authority application to the Alabama Secretary of State and pay a $150 filing fee in order to achieve this.
As was already noted, the price for registering a business name in Alabama varies based on how your company is set up legally. A sole proprietorship or partnership must pay $28 to register, while an LLC or corporation must pay $165. It is crucial to keep in mind that these costs could alter and might not include extra charges for faster processing or certified copies of your registration documents.
Finally, registering a business name in Alabama is a must when forming a company there. Although the procedure is quite simple, it is crucial to make sure your company name is distinctive and that you have the required licenses and permits. Depending on your company’s legal structure, the cost of registration varies, but it’s vital to budget extra money for things like faster processing or certified copies of your registration documents.
Yes, LLC domestication—the act of bringing an existing LLC from another state to Alabama—is permitted in Alabama. The LLC must satisfy Alabama’s creation standards and acquire a certificate of existence or good standing from the state in which it was initially established. In Alabama, domesticating an LLC entails submitting articles of domestication to the Secretary of State’s office and paying a fee.
You must submit a Name Registration to the Alabama Secretary of State in order to register a DBA under an LLC there. You can submit this application by mail or online. You must pay the filing fee, supply the name of your LLC, and the intended DBA name. Once your application has been accepted, you’ll get a certificate of registration that will let you use the DBA name for company operations legally.