To start an LLC in Georgia, follow these key steps:
1. Choose a Business Name
- The name must be unique and distinguishable from other registered businesses in Georgia.
- It must include "Limited Liability Company," "Limited Company," or abbreviations such as LLC, L.L.C., L.C., or LC.
- Certain restricted words (e.g., insurance, university) require government approval.
- You can check name availability on the Georgia Secretary of State website and reserve the name for 30 days for a $30 fee if needed
2. Appoint a Registered Agent
- Your LLC must designate a registered agent with a physical address in Georgia who can receive legal documents on behalf of the LLC
3. File Articles of Organization
- File the Articles of Organization with the Georgia Secretary of State online or by mail. This officially forms your LLC.
- The filing fee is $100 online or $110 by mail, with expedited options available for additional fees.
- The Articles must include the LLC’s exact name, registered agent information, principal office address, effective date, and organizer’s signature.
- Online filing typically takes 5-7 business days for approval; mail filing can take up to two weeks
4. Create an Operating Agreement
- Although not required by Georgia law, an operating agreement is recommended to outline the LLC’s management structure, member roles, and operating procedures
5. Obtain an EIN
- Apply for an Employer Identification Number (EIN) from the IRS online or by mail. This is necessary for tax purposes and to open a business bank account
6. File Annual Registration
- Each year, between January 1 and April 1, file an annual registration with the Georgia Secretary of State and pay a $50 fee to keep your LLC in good standing
Following these steps will ensure your LLC is properly formed and compliant with Georgia state requirements.
