Alabama LLC Annual Report – File an LLC Annual Report in Alabama

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The objective of the annual report is three-fold. The annual report keeps the Government informed about all the updates, it communicates about all the modifications or changes, & it keeps the LLC members informed about the necessary taxes and costs. This article has all the information about Alabama LLC annual report filing in Alabama.

An annual report can be called an address book, as it features all the relevant addresses of the company & the members. This yearly report is a record of all the company’s activities in an entire year. It is also referred to as the Annual Franchise Tax Report because it helps in filing the franchise tax.

Contents of the Annual Report

Typically the annual report filed by an LLC in Alabama (or any other business entity for that matter) will include all the information related to its business & members. The standard contents of the annual report or the annual franchise tax report are

  • Office Address of the LLC
  • Names & Addresses of the Members & managers.
  • Identification Documents
  • Social Security numbers of the key members of LLC
  • The objective of the business of LLC
  • List of all the signatories of the LLC
  • Information of the registered agent, if any

Alabama LLC Annual Report

An Annual report is essential for all business types. It authenticates that the information provided to the Secretary Of the State is accurate & updated. The information provided in the annual report helps the State officials to ensure that all the companies pay taxes. The Alabama Annual Report is filed with the office of the Alabama Secretary of State.

Does the State of Alabama require an Annual Report Filing?

It is mandatory for an LLC to file an Annual Report in the State of Alabama, with the office of Alabama Secretary of State. In addition to LLCs, legal entities such LLPs & Corporations are bound to file the Annual Report along with the Business Privilege Tax.

Annual Report Deadline

The Alabama Annual Report must be filed by April 15 each year. Every LLC is bound by this rule, except an LLC in its first calendar year of the business. For the first calendar year of business, an LLC will file the annual report next year. E.g., the LLC, which was formed in the month of January in 2021, will be submitting the annual report on April 15, 2022.

Penalties for non-filing or late filing

Filing the Business Privilege Tax along with the annual report is essential in the state of Alabama. There can be penalties for non-filing of the Annual Report & the Business Privilege Tax. The non-filing penalty or the late filing penalties of the annual report with the Secretary of State is $50. Alabama Authorities have the power to dissolve the LLC in certain circumstances, where the annual report has not been filed frequently.

Why Do LLCs Have to File the Annual Report?

Some of the states are not required to file this yearly report, commonly known as the Annual Report. However, there are some reasons why states should file an LLC Annual Report. Here are some reasons,

To Maintain the Accuracy of the Information

An annual report filed by the LLC has all the updated information about its official addresses & the names or addresses of all its officials. This updated information allows the State authorities to track down any LLC when communicating.

To Provide the Correct Correspondence

Many times, any creditor or other entity willing to transact with the LLC requires the correct correspondence address. If this information (which can only be modified with the help of an annual report) is not updated every year, such entities will not be able to communicate with them.

To Notify the Government About All the Significant Changes

If you have changed your main business address or had new business appointments of managers or members, the annual public information report notifies the State Government Entities about it. So, the next time someone questions a newer reform that you have introduced in your LLC, you will be saved because you had submitted the information with the Government.

To Provide an Activity Log of an LLC

The Annual report is like an activity log of the LLC. It brings on record; all the transactions, new associations, appointments, etc. & keeps those records intact for all future references.

To Help You With the One-time Filing of Taxes

The annual report is an excellent means to keep you on your toes in case of your dues payment. Every LLC must pay the taxes through the annual report filing. By filing the report on time, the LLC can manage the exemptions & can avoid penalties imposed by the Government.

To Enable the State to Track the Payments

The government authorities use all the information filed through the annual report, for tracking the payment of State Taxes.

How to File a Alabama LLC Annual Report

In Alabama, the Annual report can be filed only by mail. The Annual report is due on April 15 every year. The Alabama Secretary of the State can charge a late filing fee amounting to 10% of the business privilege tax a business owes or $50, whichever is greater amongst these two.

To file the Annual Report in Alabama by mail, follow the below steps:

  • Go to the Alabama Department of Revenue’s Downloadable Forms page.
  • Search the Annual Report Form (Form CPT) in the list of forms.
  • Download the form (.pdf) on your personal computer.
  • Please note, you will require Adobe Reader installed to fill up or edit the form.
  • Fill the form with the correct information and save it on your computer.
  • Along with this form, Alabama SOS requires an ‘Initial Business Privilege Tax Return’ filing. For that LLCs need to get the Form BPT-IN, fill it up, and send it to the Department of Revenue.
  • Get the print-out of the form and attach the necessary documents.
  • Write a paper check with an amount as per the applicable Business Privilege Tax, as per the instructions here!
  • Send the printed copies of the forms and documents to the address: Alabama Secretary of State, PO Box 5616, Montgomery, AL 36103-5616

Alabama LLC Annual Report (Domestic & Foreign)

State Office:Alabama Secretary of State, PO Box 5616, Montgomery, AL 36103-5616
Links to Website, Forms
Due Date:April 15 Every year
Filing Fee:A minimum tax of $100 & the Annual Report Filing Fee of $10
Penalty:The Alabama Secretary of the State can charge a late filing fee amounting to 10% of the business privilege tax a business owes or $50, whichever is greater amongst these two.
Filing Method:The Alabama Annual Report can be filed by mail only
Forms:The form to file the Alabama Annual Report can be found here
Important Information:Once the Annual report is filed with the Alabama Secretary of State with appropriate fees, the process of filing shall be complete.

Seek the Help of a Registered Agent

Every State will have a different rule for filing the Annual Report. Usually, it is submitted every year, but it is submitted once in two years in some states. Some states require the filing of the report only once in ten years.

Not only the timing, the mode of filing, the proper addresses, exemptions, legality, annual report compliance, etc., have to be taken care of while paying the taxes or filing any reports with the State authorities. In many such scenarios, it is advised that an LLC appoints a Registered Agent to manage all this. Check out the best LLC service that offers all the services at an affordable price. An experienced agent is required for:

  1. Streamlining the mandatory processes & filing.
  2. Sending or receiving any documents.
  3. Reminding you about important dates of filing or payment of taxes.
  4. Simplifying the filing procedures.
  5. Avoid any penalties.
  6. Flexibility in working.
  7. Maintaining Privacy (as it keeps your personal records off the public record)

You can read more about an Alabama Registered Agent here.


Is it essential to file an Annual Report?

Yes, an annual report is essential for every business entity in most states. Some states also ask to file biennial or decennial reports to be filed.

What are the contents of the Annual Report?

A Yearly Business Report or the annual report typically incorporates the address of the business, names & addresses of the members, a list of all the signatories, SSN of the members, & details of the registered agent.

Why is hiring a Registered Agent necessary in filing the Annual Report?

A Registered Agent is well-aware of all the filing requirements, annual report filing fee, & overall Annual Report compliance. The knowledge & proficiency of the registered agent allows the smooth filing of reports & other fees.

What do I have to do for the annual business report preparation?

The most important thing for filing an Annual Report is record keeping. Make sure that you document every other transaction well.

Do the filing fees change as per the types of companies?

Yes, the fees may vary depending on the type of entity or the type of legal entity you are representing.

How Fast Can I Fill Alabama LLC Annual Report

One of the first things to keep in mind when it comes to filling out your Alabama LLC annual report is that preparation is key. The more organized you are before you begin the process, the smoother and faster it will go. Gather all the necessary information and documents ahead of time, such as your company’s financial records, member information, and any other relevant paperwork. This will not only save you time but also reduce the likelihood of errors or omissions in your report.

Another tip for speeding up the filing process is to utilize online resources and tools. Many states, including Alabama, now offer online filing options for annual reports, making the process much quicker and more convenient. By filling out your report online, you can often complete it in just a few simple steps and submit it electronically, avoiding the need to print and mail physical forms. Additionally, online filing can provide immediate confirmation of receipt, so you can rest easy knowing that your report has been successfully submitted.

When it comes to filling out the actual report itself, be sure to pay attention to detail and double-check your work. Making errors or leaving out required information can result in delays or even fines, so it’s important to be thorough. Take your time to review each section of the report, ensuring that all information is accurate and up-to-date. If you’re unsure about how to answer a particular question or what information is needed, don’t hesitate to seek guidance from resources such as the Alabama Secretary of State’s website or a legal professional.

One common misconception about annual reports is that they are time-consuming and cumbersome. While it’s true that they require some effort to complete, with a little bit of planning and organization, you can easily fill out your Alabama LLC annual report in a timely manner. By utilizing online resources, staying organized, and paying attention to detail, you can streamline the process and free up more time to focus on growing your business.

In conclusion, filling out your Alabama LLC annual report doesn’t have to be a daunting task. By following these tips and strategies, you can quickly and efficiently complete this important requirement. So don’t procrastinate – get started today and check this task off your to-do list in no time.

In Conclusion

In conclusion, we can see that the annual report – which is also called the Franchise Tax Public Information Report is much easy to be filed. However, it is mandatory to file the report on time to avoid any penalties. If you are running an LLC in the state of Alabama, you have to comply with the filing of certain important documents including the annual report or the Franchise Tax Public Information Report as it is named in the state of Alabama.

It is also important to note that once this Public Information Report is filed with the Comptroller of Public Accounts, there is no need for additional filing with the secretary of state.

About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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