There are three ways to incorporate your business in Alabama:
- Hire a lawyer to do the job for you (the most expensive option)
- Walk in to the Probate Judge’s office in the county where you’re incorporating and do it by yourself
- Use a professional incorporation company, like Active Filings.
AL Certificate of Incorporation Requirements
The Articles of Incorporation is the formation document you file with the Alabama Probate Judge to register your corporation with the state (LLCs file Articles of Organization). In Alabama, you can file a Certificate of Incorporation by mail, fax or in person (it will take the Probate Judge & SOS 6 months to process your filing unless you expedite). If you hire Active Filings to incorporate your business, we are authorized to file online with the state, and we’ll form your LLC or corporation in 1 business day.
To complete your Alabama Articles of Incorporation, you’ll need to include the following information:
|Company Name||The name of the corporation shall contain the word “corporation” or “incorporated” or an abbreviation. If the corporation is a banking corporation the words “bank,” “banking” or “bankers” may be used. The name may not contain language stating or implying that the corporation is organized for a purpose other than that permitted by the articles of incorporation. The name cannot be the same as or deceptively similar to the corporate name of a domestic corporation or a foreign qualified corporation.|
|Company Purpose||List the reason for forming the corporation or the business/activity which the corporation will engage in.|
|Authorized Shares||List the number of shares of corporate stock you are currently authorizing. Technically, this is when you “create” your stock (more can always be authorized later), and that stock will be issued to your shareholders at your first shareholder meeting.|
|Registered Agent Information||In Alabama, a registered agent (also known as a resident agent) is an individual or business that serves as your company’s official point of contact for lawsuits and legal notices. As part of Active Filings’ incorporation service, we include a year of registered agent service when you hire us to incorporate your business in Alabama.|
|Names and Addresses of the Incorporators||The incorporator is the person or company authorized to form the corporation. For example, if you hired us, we would list ourselves as the incorporator. The incorporator does not have any stake in or claim to the corporation being formed.|
|Minimum Number||One or more|
|Age Requirements||Directors must be natural person of the age of at least nineteen of age|
|Articles of Incorporation||Directors are not required to be listed.|
|Articles of Incorporation||Officers are not required to be listed|
The shares of stock and par value can be increased with no additional filing fee.
AL Yearly Requirements
- Annual Statements
- Each domestic corporation and each foreign corporation authorized to transact business in Alabama must file an annual report with the Secretary of State between January 1 and March 15 accompanied by a $10 fee to the Secretary of State. The first annual report of a domestic or foreign corporation must be filed between January 1 and March 15 of the year following the year in which a domestic corporation was incorporated or a foreign corporation was authorized to transact business.
AL Tax Rate
Annual franchise tax
Liability. Every domestic corporation and every foreign corporation doing business in Alabama must pay $10 per $1,000 of capital stock. Minimum tax is $50. New domestic corporations organized after June 30 pay half year’s tax. Return and payment. To Department of Revenue, when organized; and thereafter by March 15 annually. Initial franchise taxes are due within 30 days after organization Penalties include not more than 25% of the tax due plus 1% a month for lateness.
Annual registration fee (corporation permit) payable to Department of Revenue on incorporating and annually thereafter on or before March 15. Application for permit is filed when payment is made. Fee is based on capital stock paid in as follows: $25,000 or less, $10; over $25,000 to and including $50,000, $20; over $50,000 to and including $100,000, $30; over $100,000 to and including 150,000, $50; over $150,000, $100. No statutory rule covering no par shares, but in practice same as shares having par value.
Income Tax Rate: Rate. 5% of net income
For more information on taxes, visit www.ador.state.al.us
When you hire Active Filings to incorporate your business in Indiana, you’ll receive everything you need to track and maintain your company, this includes:
- Free expedited service
- One year of registered agent service
- An online account where you can add additional services, track orders, maintenance requirements and digital notifications.
Learn More About Incorporation Requirements In Your State
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia