Revival of Alabama Corporation with Alabama Secretary of StateHow to reinstate an Alabama corporation:The Alabama Secretary of State no longer administratively dissolves business entities; therefore reinstatement is not available. As of January 1st, 2011, Alabama replaced all franchise taxes and annual reports with the Business Privilege Tax, which is collected by the Department of Revenue. They are authorized by Alabama law to collect the tax with penalties, interest and court costs every year through court actions. How much will it cost to revive an Alabama corporation?There is no longer reinstatement available in Alabama since there is no involuntary dissolution. You must dissolve properly and you must start from scratch with new articles of incorporation. How long does your Alabama corporation have to be inactive with the state before you wouldn’t have any fees, and would just have to start over with a new Alabama corporation?Once the Department of Revenue, Collection Services Division, concludes its collection proceedings against you for non-payment of the business privilege tax, you will be indexed as a corporation in “Good Standing,” on the Secretary of State’s database, because your tax obligations to the State of Alabama have been brought current by the court. This way an Alabama corporation will never be inactive until they file Articles of Dissolution. Can you change your Alabama registered agent at the same time on the Alabama reinstatement?No. You will need to file a Statement of Change of Registered Agent form to change your registered agent. Can you change your principal address at the same time on the Alabama reinstatement form?No. You will need to file articles of amendment to change your principal address. Can you change your officers and directors at the same time on the Alabama reinstatement form?No. You will need to file articles of amendment to change your officers and directors. How many annual reports can you miss before you can’t revive your Alabama corporation?Alabama Department of Revenue, Collection Services Division, will haul you to court for a money judgment against your corporation before you miss your second annual Business Privilege Tax. Either file and pay it on time or submit articles of dissolution to the Secretary of State. Alabama doesn’t mess around. |
Northwest Registered Agent Service, Inc. Agent# 940-956 Birmingham, AL 35242 Shelby County
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