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Getting your LLC license is the first step toward creating a legal foundation for your business. It gives you the right to operate and legitimizes the business. The good is that most licenses are inexpensive and easy to obtain. Check with your city offices or Secretary of State's office to determine which permits you need. After you've filed all the appropriate paperwork, paid your filing fees, and obtained your business licenses, you can get an employer identification number EIN.
This is a federal tax number the IRS uses to keep track of your business transactions. Not every business needs an EIN. If you plan on hiring employees, for instance, you need an EIN to operate. Even though it isn't always mandatory, however, having an EIN makes good business sense because you can use your EIN instead of your personal Social Security number on official documents. If you're wondering how to get an LLC license in your state, post your job on UpCounsel's marketplace.
UpCounsel accepts only the top 5 percent of lawyers to its site. LLCs offer their owners liability protection, but if you aren't careful an LLC's owners, members, or shareholders may be on the hook personally for business debt. Appointing a registered agent is a simple - but essential - step for every business.
Learn more about what a registered agent does. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or will be formed by use of the site. The attorney listings on this site are paid attorney advertising. In some states, the information on this website may be considered a lawyer referral service. Please reference the Terms of Use and the Supplemental Terms for specific information related to your state.
Grow Your Legal Practice. Meet the Editors. Here are the steps you need to take to start a limited liability company LLC in Alabama. A copy of the Name Reservation certificate from the Secretary of State must be attached. LLC Records: An Alabama LLC must keep the following records in its principal office and make them available for inspection by LLC members: a current list of the full name and last known business or residence street address of each member, and each manager, if any a copy of the filed articles of organization and all amendments, and executed copies of any powers of attorney pursuant to which any documents have been executed copies of the LLC's federal, state, and local income tax returns and reports, if any, for the three most recent years copies of any then effective operating agreements including any amendments, and copies of any financial statements of the LLC for the three most recent years.
Ready to start your LLC? Start Now. Recommended Articles. What is a Limited Liability Company? Frequently asked questions about starting and running an LLC, or limited liability company.
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