Alabama Corporation Requirements

After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Alabama corporations.

Corporate records

Alabama corporations are required to keep the following records at their principal place of business:

  • Names and addresses of directors, officers and shareholders
  • Minutes of all director and shareholder meetings
  • Records of actions taken by directors or shareholders without a meeting
  • Record of all shareholders and their number and class of shares
  • A copy of the Articles of Incorporation, bylaws and any amendments to those documents
  • Written communications to shareholders over the past three years
  • The company‚Äôs most recent annual report

Corporate taxes and fees

The following are taxation requirements and ongoing fees in Alabama:

  • Annual report. Alabama requires the Business Privilege Tax Return and Annual Report and Schedule AL-CAR to be filed with the Department of Revenue no later than two and one-half months after the beginning of the taxable year.
  • Taxes. For complete details on state taxes for Alabama corporations, visit Business Owner's Toolkit or the State of Alabama.
  • Federal tax identification number (EIN). An EIN is required for corporations that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
  • State tax identification number. Alabama does not require a state tax identification number.

Business licenses

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

S corporation election

Alabama recognizes the federal S corporation election and does not require a state-level S corporation election.

Additional Alabama information

View the following additional resources BizFilings has for forming and maintaining companies in Alabama: