Category: Incorporation >> Incorporation in US States

Alabama Incorporation


If you have decided on the kind of corporation you are interested in forming, you need to choose a name for your newly formed corporation. The name must be unique to your company and not similar to any other in order for you to use it as a name for incorporation.  Your application may be rejected by the Alabama Secretary of State if the name is used by another corporation or is too similar to another corporation’s name.


Articles of incorporation


You need to file articles of incorporation with the probate judge of your county. It is the responsibility of probate judge to forward your copy of articles of incorporation to the Alabama Secretary of State. With articles of incorporation, you need to include details such as name and address of the incorporator and registered agent, corporate objective statement, share classes list and principal office address of the corporation.

When submitting articles, you do not need to give details of the directors. However, it is important that your corporation have at least one director. Your director should be more than 19 years of age. It does matter whether the director is a resident of Alabama or not.

Bylaws


Bylaws give you an understanding of rules and regulations regarding the rights and responsibilities of shareholders, officers and directors. To implement these rules and regulations, you need to use the services of an experienced lawyer. You do not need to file the bylaws but they must be maintained at the head office of your corporation.

Officers


To incorporate in Alabama, you need to hire officers. The main responsibility of officers is to maintain and record minutes of the meetings so that corporate records are kept up to date and as a matter of record.

Filing fee


To file articles of incorporation in the state of Alabama the fee is $95. For reserving a corporate name there is an additional fee of $10. The processing of your incorporation application will take between 30 to 40 days. Corporations are required to file an annual report with the office of the Alabama Secretary of State.





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