If you are winding down your LLC or corporation, or simply moving offices out of a state where your company had registered as a foreign entity, you need to formally withdraw your company from that state. An explanation of the withdrawal process is outlined below:
If your business is no longer active in a state for any reason, it is important to formally withdraw the business from every state. Why? Because in many states, even if a business is administratively inactive, if a business hasn’t withdrawn, it will rack up fees and fines which will be sent to collections. This could lead to hundreds, if not thousands, of dollars of debt.
Alabama has two foreign entity withdrawal forms: one for LLCs and one for corporations. Both forms, however, require the same information. You will need to include the following: two signed originals of the form, name of business, home state, principal physical address, principal mailing address, forwarding address for all future documents, name and signature of authorized person.
It will take the Alabama Secretary of State up to three weeks to process your Certificate of Withdrawal. After the filing has been completed, the Alabama Department of Revenue will mail you a Certificate of Compliance, confirming your business has been withdrawn from the State of Alabama.
Fastest Way to File: If you can file in person, do so. If not, fax is the fastest way to withdraw your LLC or corporation from the State of Alabama.
|Entity Type||State Withdrawal Form||State Filing Fee|
|LLC||Foreign LLC Certificate of Withdrawal||$100|
|Corporation||Foreign Corporation Certificate of Withdrawal||$100|