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One way to transfer LLC ownership in Alabama is to have the existing members of the LLC buy out the partner who wants to leave. The leaving partner's ownership interest is then split among the remaining LLC members. To handle the transfer of ownership this way, you need to create a buy/sell agreement.
An LLC name change in Alabama costs $132. This is the total filing fee. First, you'll file a new Name Reservation Request, which costs $28 online. After this is approved, you'll pay $104 to file the Alabama Certificate of Amendment online.
Limited Liability Companies (LLC) If changing entity name, must attach new name reservation certificate. This form can be filled out on your computer and then printed. This form can be filled out on your computer and then printed.
The process of adding a member to a Alabama LLC may involve amending the company's articles of organization to include the new member. Depending on the terms in the agreement, current LLC members may need to vote on it for the amendment to pass.
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.
CAUTIONS FOR LANDOWNERS Contact surveyor well before the survey is needed. Don't replace markers with a post, set a post beside the marker. Don't move or relocate markers. Removing a survey marker is a Class C misdemeanor.