Before filing a Georgia LLC, you first have to come up with a name for it. There are a few explicit instructions provided by the state in naming your Georgia LLC.
(1) The entire LLC should not exceed 80 characters, including punctuation and spaces. (2) Any one of the following words or its corresponding abbreviations should also be found in the LLC name: ‘Limited Company’, ‘L.C.’, ‘LC’, or ‘Limited Liability Company’, ‘L.L.C.’, ‘LLC’. Of course, it is already a given that when you come up with an LLC name, it should be distinguishably unique from other business entities registered in the Corporations Division of the Secretary of State of Georgia.
When you have a name that meets all the requirements stated above, you can then check it in the Corporations Division business name search tool to check if it is still untaken. If it is not taken, you can submit a Name Reservation Request to have it set aside for your business for 30 days. A filing fee of $25 is required.
When starting an LLC in Georgia, you must have a Registered Agent to represent your business to receive legal notices and paperwork. A GA LLC Registered Agent can be a person or a business entity legally registered to do business in the state.
A physical address should be provided by the Agent, and he should accept the position even before the Articles of Incorporation has been filed. You can hire the services of Rocket Lawyer for a reliable and competent Registered Agent.
To officially register an LLC in Georgia, you are to file for an Articles of Organization to the Corporations Division of Georgia. Information such as the name of the LLC as well as each owner’s name and address should be provided. There are two ways to your Georgia LLC filing: online application or mail application.
When you opt for a mail application, you also have to include a Transmittal Information Georgia Limited Liability form.
Fee for filing your Georgia LLC: $100
Your Employer Identification Number as a Georgia LLC is an integral part of doing any business transaction within the state.
This means that basically all transactions need an LLC EIN. You can easily get a Georgia EIN for your LLC by going to the IRS website and applying for one for free.
As a new entrepreneur, keeping your business and personal finances separate is extremely important. This will make tax time and any other profit and loss research much less stressful.
Do this by opening a separate business bank account to operate with. From Bank of America to Chase, there are many options. Check out this roundup for our favorite picks.
From following the five steps above, you are now officially a Georgia LLC. However, there are some further requirements you must fulfill to become a fully operational LLC in Georgia. Also, there are also some recommended tasks you can do to further solidify your business’ success goals.
The most straightforward and surefire way to prepare your business for success is to write a business plan.
Starting a Georgia business takes a lot of your time, but you should make time to write a solid business plan no matter how busy you may seem. A business plan can offer a wealth of benefits for your Georgia LLC to thrive in its operations for the long haul.
Fact of starting a business: you cannot become a fully-fledged Georgia LLC if you do not follow your Georgia LLC tax and business license requirements.
This is the part of starting an LLC in Georgia that will give you a bit of a migraine. Incorporating an LLC in Georgia means you have to accomplish the many requirements of your licenses and taxes to avoid being penalized by the federal and state government. To help you sort out your business tax requirements, use our Georgia Business Taxes guide.
Next to your taxes, there is also your Georgia business license. Just as your requirements for business taxes are many, the same thing is for your Georgia business licenses. Use our Georgia Business Licenses and Regulations guide to give you an idea of which business licenses you need to do.
As part of your obligation as a Georgia LLC, you are to file an annual registration. The annual registration should be between the periods of January 1 and April 1, next calendar year when your LLC was formed.
This is part of your tasks for maintaining an LLC in Georgia, and this should be filed online.
Filing Fee: $50
Before you start marketing your Georgia LLC, it is important to start a website for your business. This will help your potential customers find and learn more about what you offer.
Rather than hiring a professional designer, you can build with minimal skill a custom WordPress website by yourself. Learn how to build a website from start to finish through this free setup guide.
Note that this is an informational article only. This is not legal advice or documentation. For further details about how to form a Georgia LLC or starting an LLC in Georgia, talk to your lawyer.