Before you open your new Limited Liability Company in Georgia, you will need to file its Articles of Organization. Your LLC name requirements must be different from other registered business names already in existence with the Georgia Secretary of States. Names can also be checked for availability via the Corporations Division online business name database. Business name databases contain lists of possible names that can be used for an LLC. The list is updated monthly and so should your company name registry. The only other way to obtain an up-to-date list of potential company names is by requesting a copy from the office of the Secretary of States.
The word "liability" must appear at the end of your business name, in at least one word. The word "person" must also appear at the end of your name. Other name elements that are not required are but must accompany the word "liability" in the name of your LLC. Your LLC will also need to include a capital stock certificate. The word "limited" must appear in the last character of your business name. Your company must include the word "irs".
Your name must meet the statutory definition of a "sole proprietorship" which means that your LLC owns all of your business assets and operates the business itself. The word "common" must appear in at least one to the last character in your business name. Your name may also be required to end in "ness" or "us". The word "irmatives" must appear between the last character in your name and the first character in the word "limited".
Georgia Limited Liability Company
You will have to pay a filing fee when you file your articles of organization. The fee is in addition to the regular filing fees for corporations. There is a minimum capitalization requirement for an LLC. There are certain rules about adding partners and members to your LLC. The IRS has rules about incorporating, limited liability, and tax reporting. If you are Forming a Business in Georgia, you will not have to worry about incorporating.
You have until April first to register your business. If you incorporate in Georgia before this date, you will not be able to register your business. The following steps are the legal process for Forming a Limited Liability Company in Georgia. If you have any questions, ask your lawyer.
The first step is to choose the name of your LLC. In Georgia there are many choices. If you choose a name already used by another business, it will not be incorporated in the state. You may have to incorporate your LLC. Once you choose the name for your limited liability company in Georgia, you may file the application for an Operating Agreement.
Next you have to choose a registered agent. If you cannot register a trust, you will have to use a registered agent. You will have to pay a fee for that. The next step is to file all of the paper work. Your filing will not be delayed because of a lack of paperwork.
The last step is to issue a certificate of incorporation. A copy of the Operating Agreement and the Articles of Organization must then be filed with the Secretary of State in the county where you live. The new company name is then issued to you. Your new LLC will now be incorporated in Georgia and will be allowed to do business.
An Operating Agreement is only one part of forming a business entity in Georgia. The other parts are important too. The Operating Agreement should include a statement of purpose. It is very important that your purpose is clearly stated and you know what it is you want to accomplish. georgia llc will make you well aware of all of the necessities that are involved.
When you file the forms 030 with the Office of the Secretary of State in Georgia, your name will be available to anyone who is interested in purchasing your company. There is no limit on the number of bids that you can have. There is a limit on how long you can name your company or LLC. The Georgia naming and corporation commission will determine how long the Limited Liability Company or LLC has to be in operation.
If you do not have a business entity already established, you will still be able to use Georgia Limited Liability Company laws to establish it. If you are just beginning to think about starting your own business, you will need to become familiar with all of the requirements that are involved in doing so. Once you do this you can move forward confidently. If you need any help doing so, there are many legal forms you can use to protect yourself as well as your company.
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