What is a name reservation, one could ask? A name reservation is a procedure that enables people or organizations to reserve a name they want to use for their company. This procedure is crucial because it guarantees that the name you select for your company is free of infringement. Before registering your firm with the state, you must first reserve a name.
People also inquire as to what an Alabama certificate of existence is. A document that certifies a company’s existence in Alabama is known as an Alabama certificate of existence. The Alabama Secretary of State’s office issues this certificate, which is used to confirm a business’s legitimacy. When filing taxes, opening a bank account, or making a loan application, this certificate is necessary.
What is the duration of a name reservation? A name reservation in Alabama is valid for 120 days, so the name you’ve requested will be held exclusively for you for that time. If your firm is not registered within this time frame, the name reservation will expire and become available for use by others.
How can I then register a DBA in Alabama? You must submit a Certificate of Formation to the Alabama Secretary of State in order to register a DBA there. Your company’s legal status is established by the Certificate of Formation, a legal document. To reserve the name you have decided on for your company, you must also submit a Name Reservation Form to the Alabama Secretary of State. Your DBA will be registered once you have submitted these documents and paid the necessary fees, at which point you can begin conducting business under that name.
In Alabama, reserving a name is a critical first step in launching a business. It confirms that the name you’ve selected for your company is available and usable. If you do not register your business during the 120-day name reservation period, the name reservation will expire. You must submit a Certificate of Formation and a Name Reservation Form to the Alabama Secretary of State in order to register a DBA in that state.
The cost to reserve a name for a domestic or international corporate entity in Alabama is $28.
Yes, all LLCs in Alabama are required to have a registered agent, who is a person or organization chosen to receive legal and official documents on the LLC’s behalf. In order to receive legal notifications, the registered agent must have a physical address in the state of Alabama and be accessible during regular business hours.