Alabama Pre-Incorp Checklist
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How to fill out Pre-Incorp Checklist?
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FAQ
Turnaround time: In general, turnaround time for forming an LLC in Alabama is 6-8 weeks. Expedited filings, which require an additional fee, typically take 4-5 weeks. Follow-up filing: Required. A privilege tax return is required to be filed within 2 ½ months after formation.
Management structure: Members can manage the LLC or elect a management group to do so. Corporations, on the other hand, are managed by a board of directors, not shareholders. When an LLC is managed by members (a ?member-managed? management structure), owners oversee daily business operations.
To start a corporation in Alabama, you'll need to do three things: appoint a registered agent, choose a name for your business, and file a Certificate of Incorporation with the Alabama Secretary of State. You can file this document online or by mail.
An LLC Organizer is the person (or company) who signs and submits the Certificate of Formation to the state. An LLC Organizer (while they may also be an LLC Member) doesn't automatically become an LLC Member by signing the Certificate of Formation. LLC Members are listed in the Alabama LLC Operating Agreement.
Alabama requires LLCs to file an Initial Business Privilege Tax Return and Annual Report with the Department of Revenue within two and one-half months of incorporation. County filings. Businesses may be required to undertake a filing at the county level before incorporating.
Submit your articles of incorporation to the Office of the Judge of Probate in the county where the corporation's initial registered office is located. You must submit a packet containing the original articles of incorporation (also called Certificate of Formation), two copies, and the Certificate of Name Reservation.
Alabama's requirements include: Registered agent. LLCs must list the name and address of a registered agent with a physical address (no post office boxes) in Alabama. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
No, it's not legally required in Alabama under § 10A-5A-1.08. Single-member LLCs need an operating agreement to preserve their corporate veil and to prove ownership. And multi-member LLCs need one to help provide operating guidance, determine voting rights and contributions.