It’s exciting to launch a business in Georgia. The Georgia department of revenue can assist you with registering to pay business-related taxes, obtaining permits or licenses pertaining to alcohol or tobacco, registering company cars, and comprehending your obligations in relation to state withholding taxes (if you have employees).
The procedures for registering a company in Georgia
The steps involved are as follows:
The registered agent you choose for your business
The person or organization chosen as the registered agent will accept any service of process, documents, or other official communications on behalf of the company. Georgia must be the home state of a registered agent.
Assemble every document
The following paperwork is required:
- LLC name or a legitimate name reservation number.
- Name and address of the individual submitting the LLC’s paperwork.
- A legitimate email address
- The primary office’s postal address.
- Contact information for the registered agent.
- Address and name of the manager.
Find a way of getting paid
Your method of payment will either be a credit card, check, cashier’s check, or money order, depending on how you apply.
Registration of files
Online or postal registration is available for overseas LLCs. For a price, applications can be expedited. Processing timelines and choices for expediting are different for each registration procedure. Online registration is required since certificates of authority are electronically generated.
Register by mail: A completed paper application must be mailed in. The fee for filing in print format is an extra $10. This way of filing is the quickest and simplest.
The application for an authorization certificate will be electronically created when the filing is authorized, the filer needs just enter the necessary company information. A paper application for the authorization certificate form is not required to be uploaded.
Visit the online services section of the secretary of State
- Register as a user.
- Pick the option that reads “I am registering a business that is located outside of Georgia”.
Complete the necessary fields regarding your company entity
Pay the $225 filing fee with a Visa, MasterCard, American Express, or Discover credit card that has been approved. Options for expedited filing are available for a price. Any fees paid are not refundable.
Processing time
Processing times vary depending on the volume of work being done in the office. Online submissions are typically processed in around 7 business days. Processing on the same business day (if submitted before noon on a business day) costs an additional $250. Processing in 2 business days costs an additional $100. Any fees paid are not refundable.
Your entity will receive a Certificate of Authority once your filing has been examined and accepted. You need to submit a yearly registration for your entity between January 1st and April 1st after the original certificate of authority filing. If an organization fails to submit its yearly registration, the certificate of authority may be revoked.
A foreign company whose certificate of authority has been canceled needs to reapply and pay the certificate of authority fee in order to be eligible to conduct business in Georgia.
It is crucial to keep in mind that there are additional steps you must complete before you may begin conducting business in the State of Georgia, in addition to registering with the Georgia Secretary of State.
Reasons to form a Georgia company
According to the most recent World Bank Group statistics, Georgia is among the top 10 nations for business startups. With more than 50 nations, including the UK, Germany, India, Singapore, and China, Georgia has double tax avoidance agreements.
Financial institutions and foreign trading firms are eligible for specific tax breaks in Georgia.
Georgia’s position is excellent from the perspective of trade and commerce. It is situated where Asia and Europe converge.
