LLC, Business License, Incorporation
With the 9th largest population in the United States, Georgia services both large and small businesses. Georgia's major industries include freight, beverages, and textiles. Regardless of your industry, we can help you take advantage of Georgia's business services.
If you are wondering whether you should incorporate a business in Georgia, there are several considerations before making a decision. Incorporating your business can protect your personal assets, but the process can be time consuming with a wide range of documents to be filled out and filed along with the proper fees. If you've arrived at the decision that incorporation is the right step for your business, The Company Corporation can help make the process as easy and fast as possible.
General Georgia Incorporation Information
Corporations, regardless of size, must follow certain rules and regulations set forth by their state government. These regulations ensure the business is operating as its own entity outside of its owners. This includes the existence of a board of directors, board meetings, and carefully kept records of all business activities.
There are advantages to incorporating in Georgia. These advantages pertain to investors and the corporate management structure. The management structure of a corporation includes officers, directors, and shareholders. Each of these groups has defined roles in a corporate setting. Structuring your business as a corporation allows you to issue stock. The ability to issue stock can help you better attract investors for your business, allowing you to grow and expand at a rate that might not be possible as an unincorporated business.
The first step to incorporating is choosing a business name. Your business name must include such words as "corporation," "company," or "incorporated" or an abbreviated form of those words.
After choosing your name, you must be certain that your chosen business name is not already in use within the state of Georgia. It must not be too similar to any business name already registered. The Company Corporation will research whether your chosen business name is already in use and will contact you if you need to select a new name.
Articles of Incorporation and Corporate Bylaws in Georgia
There are several steps that you must go through if you want to incorporate in Georgia. First, you will need to file your company's Articles of Incorporation and corporate bylaws. These Articles will detail the number of shares of stock you will issue, as well as the business name and address. In the state of Georgia, a business's officers are defined in its corporate bylaws.
If you plan on incorporating a nonprofit, Articles of Incorporation are still a requirement. Non-profit Articles of Incorporation are very similar to Articles of Incorporation for corporations being operated for profit; however, you must include whether or not you will have members.
The Company Corporation can assist you with crafting Articles of Incorporation or bylaws for your corporation. Based on your information, these Articles may be tailored to your business, simplifying the process.
Additional Steps to Incorporate a Business in Georgia
Georgia is a state that requires corporations and non-profits to publicly publish its newly-formed entity. As a direct result of this state requirement, all Georgia businesses that intend to incorporate must publish their intent to do so in a newspaper that stands as the official legal organ of the county in which the business's primary registered office stands. There are several requirements that the paper must meet to qualify, which involve the size of its readership and the percent of its subscription rate. As part of our incorporation services, The Company Corporation will automatically research the correct publication of record and publish this information for Georgia customers.
The steps of a Georgia business registration or incorporation can be complicated. Forms must be completed correctly as well as filed properly and delivered to the right authority. The Company Corporation is knowledgeable with regard to deadlines, required forms, and paperwork needed to successfully complete the incorporation process for your business. If you plan to incorporate your business in Georgia, call The Company Corporation today and let us do the difficult work for you.