Alabama Secretary of State Entity Name Reservation Form Jonathan Patteson, February 19, 2024February 19, 2024 In order to officially secure a business name in the state of Alabama, individuals must submit the Secretary of State Entity Name Reservation Form. Table of Contents Toggle Necessity and Duration of ReservationBusiness Entity Types and Name GuidelinesUtilizing Professional Services for Reservation Assistance Necessity and Duration of Reservation When submitting a reservation form for an entity name in Alabama, it is important to note that reservations are necessary to secure a specific name for your business. The duration of a reservation is typically 120 days, during which time the name cannot be used by any other entity. It is essential to complete the reservation form accurately and submit it through the Alabama Secretary of State’s web portal. The price for reserving an entity name may vary, so be sure to check the current fees before submitting your form. Once the reservation is approved, you will receive confirmation via email. Business Entity Types and Name Guidelines When selecting a business entity type in Alabama, it is important to consider factors such as liability protection and tax implications. The most common entity types include sole proprietorships, partnerships, corporations, and limited liability companies (LLCs). Each type has its own set of guidelines and requirements, so it is crucial to research and understand the implications of each before making a decision. When choosing a name for your business entity, it is important to follow the guidelines set by the Alabama Secretary of State. The name must be distinguishable from other entities on record and should not contain any restricted words. Before officially registering your entity name, it is advisable to reserve it using the Alabama Secretary of State Entity Name Reservation Form to ensure that it is available for use. Utilizing Professional Services for Reservation Assistance They can provide guidance on filling out the form, checking for any errors, and submitting it in a timely manner. By using professional services, you can save time and avoid potential issues that may arise from mistakes in the reservation process. This can ultimately help streamline the process of securing your desired entity name. Jonathan PattesonWas this article helpful?YesNo LLC Formation Requirements