Alabama Acceptance of Appointment in a Limited Liability Company LLC
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How to fill out Acceptance Of Appointment In A Limited Liability Company LLC?
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FAQ
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.
Turnaround time: In general, turnaround time for forming an LLC in Alabama is 6-8 weeks.
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.
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.
Remember to file your yearly federal, state and local income taxes. If you have employees, it's likely you will need an accounting service to do this for you. Alabama requires a combined Business Privilege Tax Return and annual report to be filed 2.5 months after the LLC is formed and once per taxable year after that.
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.
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.
