You might be wondering how much it will cost to set up an LLC if you’re launching a business in Georgia. The filing fee and the price of employing a registered agent are only two of the variables that affect how much it costs to incorporate an LLC in Georgia. In this post, we’ll explain how much it costs to create an LLC in Georgia and respond to some related queries. Filing Charge
You must submit articles of incorporation to the Georgia Secretary of State in order to create an LLC there. This document is being filed for $100. Online filing is often quicker than filing by mail, however both options are available. You must enclose a check or money order for the filing fee if you opt to file by mail. Authorized Representative
An LLC must have a registered agent in Georgia. This is a person or business that consents to accept legal documents on the LLC’s behalf. Although you are allowed to serve as your own registered agent, most business owners choose to use a reputable registered agent service. Although the price of a registered agent service varies, you should prepare to spend between $100 and $300 annually. Obtaining a Copy of the Articles of Organization You can obtain a copy of your articles of organization if you’ve previously formed an LLC in Georgia by going to the Georgia Secretary of State’s website. This service has a little price, but it’s typically under $10. In Georgia, LLCs versus corporations
In Georgia, an LLC is not a company. While offering their owners limited liability protection, corporations and LLCs are two different types of legal entities. In general, forming and maintaining an LLC is cheaper and easier than doing so for a corporation. Corporations, however, may provide some tax advantages and may be more appealing to investors.
It might be necessary for you to register with the Georgia Secretary of State if you’re launching a business there. If a business involves leasing property, recruiting employees, or selling products or services, it must register with the state. Some companies are excluded from registration, nevertheless. To find out if you need to register your business, it’s a good idea to go to an accountant or lawyer. Registration with the State of Georgia each year
Once your LLC is established, you must submit a registration form to the Georgia Secretary of State each year. It’s a quick procedure that includes changing your contact information and paying a charge. This registration will cost you $50. Your LLC could be administratively dissolved if the annual registration is not submitted.
In conclusion, establishing an LLC in Georgia is not very expensive. The cost of a registered agent service is normally between $100 and $300 per year, and the filing fee is $100. There is a minimal price for this service if you need a copy of your articles of organization. To make sure you are adhering to all of Georgia’s business laws, don’t forget to file an annual registration with the Georgia Secretary of State and speak with an attorney or accountant.
Yes, LLCs in Georgia must submit an annual report to the Secretary of State of Georgia every year. $50 is the annual report cost. Punishments and ultimately the dissolution of the LLC could arise from failing to submit the annual report on time.