Articles of Amendment must be filed with the Georgia Secretary of State in order to change an LLC’s name there. $50 is required to file this paper. The name change for the LLC takes effect right away after the Articles of Amendment are submitted. It is crucial to remember that the Georgia Secretary of State could process the filing after up to 10 business days.
1. Pick a brand-new LLC name that is not already in use in Georgia. 2. Use the Georgia Secretary of State’s online database to see if the new name is available. 3. Submit the Articles of Amendment, along with the new name and the LLC’s present name, to the Georgia Secretary of State. Pay the $50 filing fee in step 4.
5. Watch for the file to be processed by the Georgia Secretary of State.
How Can I Convert My Corporation in Georgia to an LLC? A corporation in Georgia must first file Articles of Conversion with the Georgia Secretary of State in order to change its legal status from corporation to LLC. The name of the corporation, the name of the LLC into which the corporation is converting, and the terms of the conversion must all be included in the Articles of Conversion. Articles of Conversion require a filing cost of $100.
The company must submit the Articles of Organization for the new LLC to the Georgia Secretary of State after submitting the Articles of Conversion. The name of the new LLC, the name and address of its registered agent, and the names and addresses of the LLC’s members must all be included in the Articles of Organization. Articles of Organization must be filed for $100.
There are a number of grounds for dissolving an LLC, including the following: The operational agreement of the LLC establishes a dissolution date. 2. The LLC lacks sufficient members or is unable to function. 3. The members of the LLC choose to terminate it.
4. A court issues a dissolution order for the LLC. What Causes a Company to Be Dissolved?
There are a number of reasons why a company might dissolve, including the following: The company is either no longer profitable or it is unable to pay its debts. 3. The owner(s) decide to leave the business or pursue new opportunities.
4. State or federal laws are discovered to have been broken by the company.
What Does the Term “Inactive Dissolved” Mean? The phrase “inactive dissolved” indicates that a company has been officially dissolved by the state and is no longer in operation. The Georgia Department of Revenue may attempt to collect any outstanding taxes or other debts from the company as well. The company might also be unable to carry out any more business operations until the Georgia Secretary of State reinstates it.
In conclusion, if the right procedures are taken, changing an LLC’s name in Georgia can be a simple procedure. The reasons why an LLC may dissolve as well as the reasons why a business may close are things that LLC owners should be aware of. If a company is declared dormant or dissolved, it is crucial to take care of any unpaid taxes or debts to avoid additional legal or financial repercussions.