Georgia corporation formation is a fantastic approach to launch a business. Georgia is a desirable destination for business owners due to its business-friendly atmosphere and cheap taxes. However, one must be aware of how much it would cost to register a corporation in Georgia before beginning a firm. This article will go over how much it costs to register a business in Georgia, how much a GA LLC costs, how to alter your registered agent in Georgia, what it means when your LLC is administratively dissolved, and how to renew your Georgia LLC.
The type of business entity you select will determine how much it will cost to register a corporation in Georgia. For instance, submitting the Articles of Incorporation to the Secretary of State will cost $100 for a corporation. The fee to file the articles of organization for an LLC is $100. There is no ongoing expense to maintain a business registered; the registration fee is one-time only.
The cost to file the Articles of Organization with the Secretary of State for a GA LLC is $100. However, depending on your company’s demands, additional expenses can be necessary. For instance, there can be additional costs if you need to register for a business license. Additionally, there can be additional charges if you need to register for sales tax.
You must submit a Statement of Change of Registered Agent and/or Registered Office to the Secretary of State in order to modify your registered agent in Georgia. This statement must be filed for a fee of $10. There are additional costs if you need the procedure to be expedited.
Admin dissolved denotes that your company has been dissolved by the Secretary of State. Failure to submit annual reports or pay taxes may result in this. If your company is administratively dissolved, you must submit a reinstatement application and settle any unpaid fines and costs in order to restore it to good standing.
In Georgia, you need to submit an Annual Report to the Secretary of State in order to renew your LLC. A completed Annual Report must be filed for $50. Every year, the Annual Report is due on April 1. Your company could be administratively dissolved if you don’t submit the annual report.
In conclusion, forming a business in Georgia is a simple process that costs $100 up front. Along with potential additional fees for licenses and taxes, registering a GA LLC also costs $100. Changing your registered agent will cost you $10, and admin dissolved indicates that the Secretary of State has dissolved your company. You must submit an Annual Report by April 1st each year for a charge of $50 in order to renew your LLC.