It’s critical to comprehend the applicable legal requirements if you intend to form a limited liability corporation (LLC) in Georgia. Filing the Articles of Organization with the Georgia Secretary of State is one of the essential procedures in creating an LLC in Georgia. The LLC is established as a distinct legal organization from its owners by the Articles of Organization, a legal document.
Georgia requires that the name of the LLC, its registered agent’s name and address, the purpose of the LLC, and the names and addresses of the LLC’s members all appear in the Articles of Organization. Georgia charges a $100 filing fee for the Articles of Organization, which can be paid online or by mail. The establishment of the LLC will either be accepted or rejected by the Georgia Secretary of State after the document has been filed and reviewed.
Yes, a Certificate of Existence in Georgia will cost money. A Certificate of Existence is a legally binding document that certifies your LLC’s existence and business authorization in Georgia. A Georgia Certificate of Existence is available online through the Georgia Secretary of State’s office for $10.
You must submit a request to the Georgia Secretary of State in order to receive a copy of your Georgia Certificate of Organization. The request can be submitted online or by mail. In Georgia, a duplicate of your certificate of organization costs $15.
A legal document known as a “Certificate of Good Standing” attests to the fact that your LLC is in good standing with the state where it is registered. You must submit an application to the Georgia Secretary of State in order to get a Certificate of Good Standing in Georgia. You can submit the request online or via mail. A Certificate of Good Standing in Georgia costs $10 to get.
The Internal Revenue Service (IRS) issues each business an individual nine-digit number known as an Employer Identification Number (EIN) for tax-related purposes. In Georgia, obtaining an EIN is free. On the IRS website, you can submit an online EIN application.
You cannot be a S Corporation and an LLC at the same time. State law recognizes the LLC company structure type, however the federal government recognizes the S Corporation tax categorization. However, by submitting Form 2553 to the IRS, an LLC can choose to be taxed as a S Corporation. This enables the LLC to benefit from some tax advantages provided to S Corporations. A tax expert should be consulted to ascertain whether this is the best course of action for your company.