How to Incorporate a Business in Georgia (GA)
- Hire a lawyer to do the job for you (the most expensive option)
- Walk in to the Secretary of State office and do it by yourself
- Use a professional incorporation company, like Active Filings.
GA Articles of Incorporation Requirements
- Company Name
Name shall include word “Corporation”, “Company”, “Incorporated” or “Limited”, or abbreviation thereof. The name shall not exceed 80 characters, including spaces and punctuation. The name may not contain language stating or implying that the corporation is organized for a purpose other than that permitted by Georgia law or the articles of incorporation. The name may not contain anything that, in the reasonable judgment of the Secretary of State, is obscene. The name must be distinguishable from the other corporation names in the state.
- Company Purpose
List the reason for forming the corporation or the business/activity which the corporation will engage in.
- Authorized Shares
List the number of shares of corporate stock you are currently authorizing. Technically, this is when you “create” your stock (more can always be authorized later), and that stock will be issued to your shareholders at your first shareholder meeting.
- Registered Agent Information
In Georgia, a registered agent (also known as a resident agent) is an individual or business that serves as your company’s official point of contact for lawsuits and legal notices. As part of Active Filings’ incorporation service, we include a year of registered agent service when you hire us to incorporate your business in Georgia.
- Names and Addresses of the Incorporators
The incorporator is the person or company authorized to form the corporation. For example, if you hired us, we would list ourselves as the incorporator. The incorporator does not have any stake in or claim to the corporation being formed.
* Minimum Number – One or more.
* Residence Requirements. – No provision.
* Age Requirements – Natural person, 18 years old.
* Directors are not required to be listed in the articles of incorporation.
* The officers are not required to be listed in the articles of incorporation.
* An increase in the shares does not cause an increase in the initial filing fee.
* Annual Statements
* Annual statement is $50.00 per year. The annual statement is due on April 1st, unless this is the first statement, then it is due within 90 days of incorporating.
Income Tax Rate
* The income tax rate is 6% of net taxable income.
* Net Worth Tax
* Net worth, including issued capital stock, paid-in surplus and earned surplus. The net worth is presumed to be the net worth as disclosed on the corporation’s books and as reflected on the return required to be filed annually by the corporation. No par shares have the value fixed for stock by the Commissioner from required return and any other information available to Commissioner.For more information on taxes, visit http://www.etax.dor.ga.gov/
More information about incorporating in Georgia:
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