There are a lot of details that need to be worked out when starting a business. Getting an EIN (Employer Identification Number) and Control Number is one of the most important steps. However, many business owners are unable to distinguish between the two and become confused about them. To further grasp the significance of both, we shall examine the differences between Control Number and EIN in this post.
No, the Control Number and the EIN are not the same. The Georgia Secretary of State’s office issues each filing with a Control Number, which serves as a special identification number. It serves as a tracking code for the progress of your filings. The Internal Revenue Service (IRS) instead uses your EIN, a special nine-digit number, to identify your business organization for tax reasons. Does Georgia Permit Domestication of LLCs?
Georgia does permit domestication of LLCs. Transferring your LLC from one state to another is known as domestication. While changing your state of incorporation, it enables you to preserve your company name, EIN, and other crucial information. You must submit a Domestication Certificate to the Georgia Secretary of State along with the required paperwork in order to domestic your LLC in Georgia. Can I Work for Myself as a Registered Agent in Georgia?
In Georgia, you are allowed to act as your own registered agent. It is crucial to remember that having the title of registered agent entails a number of duties. Legal notices and other crucial documents must be accepted by the registered agent on behalf of the company. So, if you decide to act as your own registered agent, you must reside in Georgia and be accessible during regular business hours. Do I Require a DBA in Georgia?
The way your company is set up and the name you use for business both matter. If you operate as a sole proprietor and use a name other than your own, you may need to file a DBA (Doing Business As) statement. However, since the business name is already registered, if you are doing business as an LLC or corporation, you do not need to file a DBA.
You can register a trade name with the Georgia Secretary of State if you are an LLC operator and want to utilize a name other than the one that is on file. Using this procedure, you can continue to use your LLC’s liability protection while using a different name. It’s crucial to remember that the name you select cannot be one that is already registered or being used by another company.
In summary, acquiring an EIN and Control Number is an essential first step in launching a firm. You can manage the procedure more easily if you are aware of their differences. Additionally, being aware of Georgia laws regarding LLC domestication, required registered agents, and DBA registration will help you make wise business decisions.
Sorry, but the query has nothing to do with the article’s subject. The cost of trademarking a company name in Georgia is not mentioned in the article; it only compares the differences between Control Number and EIN. On the United States Patent and Trademark Office’s official website, you can look for details regarding trademark registration and costs.