Essential to Set up a Georgia LLC

The Georgia LLC is now the most popular legal entity for small business. Once you set up a Georgia LLC, you, as a business owner get liability protection. Plus, it is so easy to operate and maintain. While the advantages of one are obvious, it is important you comply with all the state formation requirements to ensure you have a valid legal entity.

The responsibility for forming and regulating limited liability companies is entrusted to a Georgia state agency called the Secretary of State. While, they do enforce Georgia LLC rules for requirements, it is still the responsibility of the LLC owners to ensure that they meet all the requirements for a proper LLC formation.

FILING INFORMATION REQUIREMENTS

The filing documents must contain certain factual information and disclosures about the business being created. You should review the latest requirements and current regulations to make sure you do not miss anything.

GEORGIA NAME RULES

A new LLC filing will be rejected if the proposed name is not available in accordance with Georgia name requirements. The major rule is that a name cannot be the same as or too similar to another name registered with the state. You do not want to deal with the time delays and frustrations of a rejected filing. So, you should confirm the availability of your proposed name prior to submitting a filing. Or, hire a good document company who will confirm names as part of their services.

GEORGIA REGISTERED AGENT

Every Georgia limited liability company must appoint and maintain a legally valid registered agent and office. The purpose of the registered agent is to be the official person or entity to accept legal papers on behalf of the LLC. Important documents issued from the state agency are often delivered through the registered agent.

FEE TO FORM A GEORGIA LLC

The State of Georgia imposes a filing fee that must be submitted with a formation filing to set up a Georgia LLC. Currently, the standard Georgia limited liability company filing fee is $100 but there could be additional fees in circumstances where a faster filing is necessary.

SUMMARY

It is essential that you strictly comply with Georgia requirements when it comes to setting up a Georgia LLC for a business. Your liability protection and other benefits are contingent upon this compliance. So, spend the effort to understand these rules and confirm that your Georgia limited liability company meets them. If you want to save the time and gain certainty about this, retain the services of a reputable document filing company to handle the details for you.

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This entry was posted on Wednesday, April 8th, 2009 at 03:26 and is filed under Entrepreneurs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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