One of the first questions you might have if you’re thinking about starting a business in Georgia is whether or not you need a business license. Yes, but it also depends on what kind of business you want to run.
To operate lawfully, many businesses in Georgia need a license or permit. For instance, you’ll need a license from the Georgia Department of Revenue if you want to start a restaurant or sell alcohol. Your local government may also require a license if you’re beginning a home-based business.
You can check the website of the Georgia Secretary of State to see if your company needs a license. A list of occupations and businesses that need a license or authorization to operate in the state is provided there.
You can start the application procedure as soon as you determine whether you require a license. This can entail completing forms and paying a charge. You might also need to go through training or pass an exam depending on the kind of license you require.
In Georgia, you might also need to obtain an EIN number in addition to a company license. Your firm is identified for tax reasons by an EIN, or Employer Identification Number, which is a special number. On the IRS website, you can submit an online application for an EIN.
The distinction between a DBA and an LLC might also be on your mind if you’re beginning a business in Georgia. Using a DBA, or “doing business as,” allows you to conduct business under a name other than your own. A sort of corporate structure that offers liability protection for its owners is an LLC, or limited liability company. Your specific business needs and objectives will determine whether you should choose an LLC or a DBA. Finally, you must submit a trademark application to the Georgia Secretary of State’s office if you intend to register your company name in Georgia. Depending on the sort of trademark you’re filing for, the cost of trademarking a business name in Georgia varies.
It can be thrilling and satisfying to launch your own business. You may position yourself for success by being aware of Georgia’s licensing and permit requirements as well as the other processes necessary to open a business.
Depending on the type of trademark application and the complexity of the case, the price to register a business name in Georgia can change. In Georgia, a basic trademark application typically costs roughly $225 per class, although costs might go up if more services are required. It is advised to speak with a trademark lawyer for a more precise estimate.