Alabama LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Alabama is easy, fast, and affordable.
Alabama LLC Costs | |
---|---|
TotalLegal Fee | $99 |
Alabama Filing Fee | $236 |
Total | $335 |
Naming the LLC
The name of the limited liability company must contain the words “Limited Liability Company” or the abbreviation “L.L.C.” or “LLC”.
Required Information
You will need to provide the name of your LLC, the Registered Agent’s name and physical address, and the name of the organizer (the person forming the LLC).
Steps to Forming a Alabama LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will then electronically file your LLC with the state of Alabama.
Processing time can vary, but Alabama filings typically take 10-14 days. When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Alabama.
Alabama LLC Advantages
- Alabama LLCs are usually approved in 10-14 days.
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Privacy!
- Alabama keeps the names of the owners (members) and the actual business address
private (so private they don't even collect it or keep it on file).
- The Registered Agent of your LLC will be public information. To help maintain your privacy, you can choose to have TotalLegal
be your Registered Agent.
Maintaining an Alabama LLC
It's not hard at all. Each Alabama LLC is required to file an annual report. The annual report is due by April 15. The business privilege tax is based on the LLC's net worth. The enhanced PPT form (annual report form) does the calculations for you. The minimum tax is $100.
Making Changes to Your LLC
Making changes to your LLC in Alabama is pretty inexpensive compared to other states. Most changes you need to amend your LLC and/or change your Registered Agent can be done online, most for $50.00, and any applicable county-specific fee.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Alabama very easy.