If you are trying to form an LLC in Alabama, then take note that in this state, how to start an LLC requires having an Alabama registered agent who will handle all official paperwork on the LLCs behalf.
On this page, you’ll learn about the following:
Alabama Registered Agent Requirements
There are certain requirements to fill the role of an Alabama registered agent:
- The nominee must be more than 18 years old.
- The individual must have a legal, physical address in the state where the LLC will operate.
- The individual must be physically present during normal working hours.
How to Choose a Registered Agent?
When you file your Certification of Formation in Alabama, you must nominate a registered agent. You can either appoint an in-house registered agent (yourself or any LLC member) or outsource an Alabama registered agent service.
You can elect your registered agent online through the Alabama Secretary of State website.
Hiring an Inhouse Registered Agent
When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in Alabama.
Can I be my own registered agent?
Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.
Outsourcing a Registered Agent
You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.
Our Rating & Pricing
#1 TOP PICK
$49 + State Fees
$299 + State Fees
$399 + State Fees
Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.
What to Consider when Choosing a Registered Agent
Here are some factors to consider when choosing a registered agent.
- Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
- Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
- State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
- Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.
Alabama Business Laws for Registered Agents to Note
A registered agent or statutory agent is the core member of an LLC. When the business owner is forming the LLC, it is imperative that they select a suitable agent or it can lead to fines from the secretary of state. Of course, you need to go according to the regulations of the state while selecting the agent, and if you do that, you will get many advantages.
Every state has different business laws and so does Alabama. The job of the registered agent is to be present for the service of the process and in lawsuits too. Only the resident of the specific state would know about the rules and he will be able to get help with that. Let’s check out different business laws of Alabama,
- Antitrust Laws: Every company that’s in the market always considers another one as their competition. There is always a change in the price and just so they can control the price or supply, some companies try to merge. This can lead to unfair competitive advantage and the antitrust laws help the other companies with that.
- The civil statute of limitations laws: Every state has different statutes of limitations and they are the basics that set the limitations on the aspects of filing lawsuits in the state. This law helps get help according to practicability and fairness. Sometimes the person can take the service, and later after some time, they get to know the mistakes of the service provider. The Alabama Civil Statute of limitation laws helps with that.
- Deceptive trade practices law: This law is made for the people so that they do not get to be a part of fraud due to sales tactics. Alabama has adopted this law, but the state has not adopted the full-fledged law. So, it is very important to know the sections that are applicable in the state too.
- Interest rates laws: Many customers sign up for more and new credit cards or personal loans after checking out an intriguing advertisement from them. So, if you think you are getting under the debt because of the high interest rates, then the attorney can be a lot of help with this law.
All corporations and limited liability companies doing business in Alabama are required by state law to appoint an Alabama registered agent. Alabama registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.
A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.
If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.