Alabama Conversion Agreement
Description
How to fill out Conversion Agreement?
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FAQ
Alabama is like most states, and requires businesses to file an annual (or other periodic) report with the Secretary of State. In Alabama, this amount is determined based on the total amount of income passed through to the LLC members ? with a minimum of $100.
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.
To dissolve your limited liability company in Alabama, you must provide the completed original and two copies of the Domestic LLC Articles of Dissolution form to the Judge of Probate in the county where the original Certificate of Formation was recorded, by mail or in person. The filer's original signature is required.
How much does an LLC in Alabama cost per year? All Alabama LLCs need to pay $50 per year for the Annual Report and Alabama Business Privilege Tax. These state fees are paid to the Department of Revenue. And this is the only state-required annual fee.
The filing alone costs a minimum of $200, but there's also a mandatory name reservation ($28 online) and a 4% convenience fee for online filings. Once processed by the state, the Certificate of Incorporation formally creates your Alabama corporation.
Foreign Corporations If changing entity name, must attach new name reservation certificate. This form can be filled out on your computer and then printed. Must attach Certificate of Compliance from the Alabama Department of Revenue. Must attach name reservation.
If you are merely changing the mailing address or a location address, log into your My Alabama Taxes (MAT) account and click on the blue ?Address? hyperlink midway the page and follow the prompts. A web request will be sent to the Entity Registration (ERU).
Name your Alabama LLC. ... Choose your registered agent. ... Prepare and file a certification of formation. ... Receive a certificate from the state. ... Create an operating agreement. ... Get an Employer Identification Number. ... Keep certain LLC records on-site. ... Alabama LLCs must file a business privilege tax return.