In Georgia, there is a $100 filing cost establishing an LLC. When you file your Articles of Organization—the paperwork that formally registers your LLC with the state of Georgia—you must pay this charge to the Secretary of State. Additionally, there can be extra charges for expedited service or for reserving a company name (more on those later).
It’s important to keep in mind that there can be other expenses involved with forming an LLC in Georgia, such as paying for company licenses or permits. Make sure to examine any additional fees that might be applicable to your particular business as these charges can vary depending on your sector and area.
Through the website of the Georgia Secretary of State, you can reserve a company name before registering your LLC. A name may be reserved for a period of 30 days for a price of $25. For an additional $25, the reservation can be extended for an additional 30 days.
In Georgia, may two businesses share the same name?
No, two firms in Georgia cannot share the same name. A name that is already in use by another company will be rejected by the Georgia Secretary of State’s office. The Secretary of State will check its database when you reserve a name to make sure it isn’t already in use. In Georgia, how can I obtain an EIN number?
An Employer Identification Number (EIN) is a special number that the Internal Revenue Service (IRS) has given to your company. To open a business bank account, recruit staff, and file taxes, you need an EIN.
You can submit an online application on the IRS website to obtain an EIN in Georgia. The short, free application process only requires a few minutes. You’ll get your EIN right away after submitting your application.
In Georgia, you can reserve a company name prior to forming your LLC. As was already indicated, reserving a name costs $25 and is valid for 30 days. This will help you feel more at ease before formally establishing your LLC because you will know that the name you want is available.
To sum up, the cost to form an LLC in Georgia is $100, plus any additional expenditures for faster service or name reservations. A name reservation is normally processed in 3-5 business days, and in Georgia, no two companies may share the same name. You can submit a free online application through the IRS website to obtain an EIN in Georgia. Additionally, before registering an LLC in Georgia, you can reserve a company name.