One of the greatest states in the US to launch a business is Georgia. The state boasts a talented workforce, a low cost of living, and a business-friendly environment. However, it’s crucial to comprehend Georgia’s business registration regulations before forming a company there. All companies doing business in Georgia are required to register with the Georgia Secretary of State’s office.
Limited liability companies (LLCs), corporations, partnerships, and sole proprietorships are among the business entities that must register with the state. It is significant to remember that companies that are incorporated in another state but conduct business in Georgia must also register with the state.
Articles of Organization must be filed with the Georgia Secretary of State’s office as part of the registration process for LLCs. The name of the LLC, the registered agent’s name and address, the purpose of the LLC, and the members’ names and addresses must all be included in the articles. The approval process for the LLC takes roughly 5 business days, and there is a $100 filing fee for the Articles of Organization. Articles of Incorporation must be submitted to the Georgia Secretary of State’s office as part of the registration process for corporations. The objective of the corporation, the name and address of the registered agent, the name of the corporation, and the names and addresses of the directors must all be included in the articles of incorporation. The approval of the corporation takes roughly 5 business days, and there is a $100 filing fee for the articles of incorporation.
The state does not require partnerships or sole proprietorships to file any paperwork. However, the county where they will be doing business must provide them a business license. Depending on the county, a business license can cost different amounts.
Another question that can be posed is “Do you have to publish your LLC in Georgia?” No, is the response. A newspaper or other media is not required to publish any notification of an LLC’s creation or registration in Georgia.
To sum up, opening a business in Georgia is a rather simple process. While partnerships and sole proprietorships must obtain a business license from the county where they will be conducting business, LLCs and corporations must submit Articles of Organization/Incorporation with the Georgia Secretary of State’s office. The fee of registration varies according to the type of business, and the approval process for corporations and LLCs takes roughly 5 business days.